Request a Property Insurance Quote Call (916) 967-7715
What cannabis property insurance covers
Cannabis Property Insurance is a vital protective cannabis insurance that can provide coverage to your property against damage and loss of income caused by fire, theft, and vandalism.
If you operate in or own a structure such as a building, greenhouse or other structure types, it is important that the details of your property insurance policy are correctly written for your business and specific business structure. There have been many cases in which insurance claims have been denied due to “minor things” such as misclassification of business type, or failing to disclose that the business is a cannabis operation. In some instances, these oversights have been on the side of the agent which is why it is important to work with an agent who specializes in the cannabis industry and looks out for your best interest.
Here at The Cannabis Coverage Company, our agents do just that. We will take the time to understand the specifics of your business in order to help you gain the proper protections and policies for your cannabis business property. We want our customers to feel confident in their insurance protection, so contact The Cannabis Coverage Company and speak with a highly-trained agent today to learn the best course of action to take for your cannabis business.
Who this coverage is for
Cultivators, manufacturers, dispensaries and distributors that own or lease buildings, greenhouses, equipment and inventory.
What drives your premium
We don’t publish prices because every quote depends on underwriting. Carriers mainly look at:
- Building construction, age and updates
- Location and exposure to fire, wind or flood
- Values for the building, improvements, equipment and inventory
- Fire protection and security
- Claims history, limits and deductibles you choose
Cannabis property insurance FAQ
What does cannabis property insurance cover?
It covers buildings, greenhouses and other structures, along with equipment and inventory, against covered losses such as fire, theft and vandalism, and it can include loss of income after a covered loss.
Why does it matter that my agent knows the policy is for a cannabis business?
Claims can be denied over details such as a misclassified business type or failing to disclose that the business is a cannabis operation. The policy needs to be written for your actual operation and structure.
What affects the cost of cannabis property insurance, and how do I get a quote?
We don’t publish prices because every quote depends on underwriting. Carriers mainly look at building construction, age and updates, location and exposure to fire, wind or flood, values for the building, improvements, equipment and inventory, fire protection and security, 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.