Turn to our experts to navigate the insurance complexities of the cannabis industry.
Cannabis Program
Specific solutions for a complex industry.
With the everchanging rules and regulations around cannabis, you need an insurance partner who can help you navigate the risks in this dynamic industry. Breckenridge Insurance can tailor a coverage solution that fits a range of businesses serving this space, including those who sell, grow, manufacture or process products containing greater than 0.3% THC. With an AM Best A+ Rated carrier and the sound approach of experienced underwriting professionals, let us help you access fitting protection for this emerging industry. For cannabis dispensary related quotes, click here.
Retail Agents: Don’t see a fit for your risk in this program?
Reach out to one of our Breckenridge brokers here.
- AM Best A+ Rated carrier
- Industry knowledge
- Responsive team
- Reliable claims handling
- Retailers/dispensaries with or without on-premises consumption
- Cultivators/growers
- Processors/manufacturers
- Wholesalers/distributors
- Medicinal
- Recreational
- Cannabis paraphernalia and related products
Excluded Classes:
- Temporary events
- Testing labs (considered for professional liability)
- Social clubs
- Maximum limits of $5M/$5M/$5M
- Maximum per location general aggregate limit of $5M
- Minimum premium of $5,000
- Minimum deductible of $2,500
- Coverage for electronic vapes
- Budtender Professional Liability
- Hired non-owned auto coverage available
- Full CGL
- Claims-made
- Property and Inland Marine
- Workers’ Comp coverage available in certain states
- Completed application
- Loss runs 2 years
- For added coverage options, additional forms may apply
- Startups are eligible with certain considerations
Features
- AM Best A+ Rated carrier
- Industry knowledge
- Responsive team
- Reliable claims handling
Classes
- Retailers/dispensaries with or without on-premises consumption
- Cultivators/growers
- Processors/manufacturers
- Wholesalers/distributors
- Medicinal
- Recreational
- Cannabis paraphernalia and related products
Excluded Classes:
- Temporary events
- Testing labs (considered for professional liability)
- Social clubs
Coverages
- Maximum limits of $5M/$5M/$5M
- Maximum per location general aggregate limit of $5M
- Minimum premium of $5,000
- Minimum deductible of $2,500
- Coverage for electronic vapes
- Budtender Professional Liability
- Hired non-owned auto coverage available
- Full CGL
- Claims-made
- Property and Inland Marine
- Workers’ Comp coverage available in certain states
Submission Criteria
- Completed application
- Loss runs 2 years
- For added coverage options, additional forms may apply
- Startups are eligible with certain considerations
Contact
“Again, I want to thank you for all your help! I really do appreciate it. I don’t think there are many companies out there who would be willing to work with us as much as you did!!”
Insurance Agency Office Manager
From The Blog
Cannabis Industry was last modified: November 9th, 2023 by