Cannabis Insurance
Cultivate Peace of Mind with Customized Cannabis Business Insurance
We’ve been insuring cannabis and CBD businesses from the start. Trusted by thousands, we’re here to safeguard your crops, dispensaries, and products so you can focus on growing your business with confidence.
From Seed to Sale, We’ve Got You Covered
Dispensaries | Cultivators | Processors | Manufacturers | Laboratories | Property Managers | Growers | Ancillary Businesses | Retailers | Harvesters | Distributors
Whether you need Cannabis Insurance for selling CBD products, protecting your dispensary, or securing your future in the growing business of growing cannabis, Insurance Canopy can tailor a Cannabis Insurance plan directly to your needs.
What is Cannabis Insurance?
Cannabis insurance is a specialized form of business insurance for companies in the cannabis industry. It’s designed to mitigate risks like legal claims, crop loss, or bodily injury.
This insurance includes essential coverages to keep your business compliant with federal regulations and can help you lower or eliminate the cost of a claim.
Which Cannabis Insurance Plan Is Right For Me?
Choose from one of Insurance Canopy’s cannabis plans to get started and work directly with a licensed agent to customize your coverage to your business’s needs.
Cannabis Business Insurance
- Designed to cover crop loss and property damage
- Used to insure business operations and property
- For dispensaries, growers, harvesters, and cultivators
- Includes general liability and property insurance
Cannabis Product Insurance
- Designed to cover product-related injuries and damages
- Used to insure topical and ingestible products
- For manufacturers, retailers, and small businesses
- Includes general liability and product liability insurance
How Much Does Cannabis Insurance Cost?
Cannabis business insurance costs typically range from $500 – $1,500/year for a plan that protects from the unexpected. Your premium is unique to the needs of your business and depends on a variety of factors, like:
- Yearly sales revenue
- Coverage and limits needed
- Type of business and industry
- Previous claims history
What’s Included With Cannabis Insurance?
- General Liability
- Property Insurance
- Crop Protection
- Business Interruption
- Equipment Coverage
- Product Liability
- Additional Insureds
- Higher Liability Limits
- Additional Coverages
High-Quality Coverage for Every Stage of Your Business
Don’t get burned by unexpected risks — our in-house team will help you find the coverage you need!
Backed by the #1 rated carrier in cannabis insurance.
Receive 1:1 support from a licensed, certified agent.
Trusted to cover the cannabis industry for 10+ years.
Questions About Cannabis Business Insurance
No, cannabis insurance will not cover you in the event of a product recall.
You may need to obtain product recall insurance coverage. Insurance Canopy does not offer this coverage for cannabis businesses at this time.
Yes, you can customize your insurance policy to fit your business’s unique needs!
Once you submit an application and receive a quote, you can talk with your agent to further customize the plan with additional coverage and limit options.
THC products are covered if they contain less than .03% THC. Anything over this limit is excluded from Insurance Canopy’s product coverage.
Some THC coverage can be offered through Insurance Cannopy’s cannabis program in partnership with Canopius.
Yes, your product insurance coverage is valid across state lines only if the states you are selling in permit the legal sale and use of cannabis, CBD, hemp, or marijuana products.
Your coverage is not valid in states where it is illegal to sell or use cannabis products. Coverage is not valid across state lines for cannabis business insurance.
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