Request a Delivery Insurance Quote Call (916) 967-7715
What cannabis delivery insurance covers
Accidents and theft may be your two primary concerns and it is important to know that Personal Auto Insurance will not provide coverage for these, and other possible mishaps. There are a number of common misconceptions about insurance coverage for Delivery-Only dispensaries and it’s important that you have a Cannabis Delivery Service Insurance policy that is tailored to your business. Many business owners believe that workers comp will suffice for employees who use their personal vehicles and are insured. Personal auto policies usually exclude business use, which means that their policy will not pay for injuries, medical bills, damage to vehicles or pain and suffering. Furthermore, the business is likely to be held liable. Stock and inventory coverage may be included in your property policy; however, once your product leaves the premises, it is not typically covered. Most stock and inventory coverages do not cover products owned by someone else, so if you are transporting someone else’s property you may need cargo coverage. Another point to consider is the value of the product being transported. For example, theft of a trunk full of concentrates would be a much greater loss than flower. Fortunately, there are solutions for that too.
Whether you own an entire fleet of vehicles or hire/lease non-owned vehicles, you have options. Our agents understand the details of these policies and how they specifically apply to the cannabis industry. We will take the time to discover your needs and will look for coverage that fits your operation.
You have invested a lot in your cannabis delivery business, product and staff and by establishing the right protections you can continue to thrive for years to come in one of the fastest growing industries.
Contact one of our licensed cannabis insurance agents today to learn more!
Available Coverages
Business Auto
Hired and Non-Owned Auto
General Liability
Product Liability
Property
Inventory in Transit/Cargo
Workers Compensation
Because one insurance plan doesn’t fit all, give us a call today to find out more.
Who this coverage is for
Licensed delivery-only retailers, dispensaries that deliver, and distributors whose drivers move product between licensees.
What drives your premium
We don’t publish prices because every quote depends on underwriting. Carriers mainly look at:
- Number of vehicles and drivers, and whether vehicles are company- or employee-owned
- Driver records and experience
- Value of product carried and vehicle security such as safes and GPS
- Delivery radius and the states you operate in
- Claims history, limits and deductibles you choose
Cannabis delivery service insurance FAQ
What insurance does a cannabis delivery service need?
Common coverages include business auto, hired and non-owned auto, general liability, product liability, property, inventory in transit or cargo, and workers’ compensation.
Is product covered once it leaves my premises?
Often not. Stock and inventory coverage on a property policy usually stops at your door, and it may not cover product owned by someone else. Cargo or inventory-in-transit coverage is the coverage to review for product on the road.
What affects the cost of cannabis delivery insurance, and how do I get a quote?
We don’t publish prices because every quote depends on underwriting. Carriers mainly look at the number of vehicles and drivers and whether vehicles are company- or employee-owned, driver records, the value of product carried and vehicle security such as safes and GPS, your delivery radius and states, and your claims history, limits and deductibles. Request a quote or call (916) 967-7715, and a licensed agent will review your operation. The Cannabis Coverage Company has written cannabis insurance since 2009, is part of Lions & Coventry and is licensed in all 50 states, so we can quote licensed operators nationwide.
Why cannabis businesses work with The Cannabis Coverage Company
- Writing cannabis insurance since 2009
- Licensed in all 50 states (CA Lic. #0G22084)
- Part of Lions & Coventry Insurance Services
- One agency for liability, property, auto, workers’ comp, cargo and bonds
We work with cannabis businesses nationwide from our office at 7816 Uplands Way, Ste C, Citrus Heights, CA. Request a quote or call (916) 967-7715.