Cannabis Business Insurance in San Diego

General Liability Insurance

If your customer gets hurt on your business premises, or if their property got damaged, the general liability insurance will protect you from damage claims and costly lawsuits. Talk to our agent to learn more about this gold standard in marijuana dispensary insurance coverage.

Business Owner Policy (BOP)

Bundling several policies in one can save you a lot. BOP bundles general liability and property insurance to protect your cannabis business against third-party bodily injury claims, property damage, advertising, and personal injury claims.

Professional Liability Insurance

Also known as errors and omissions, it covers negligence claims from clients or customers, including claims of late, incomplete, or unsatisfactory work. Accusations like these can cost your marijuana business a lot.

Workers’ Compensation

If your cannabis dispensary or pot shop has employees, you must have a workers comp policy. It will provide your employees coverage for a portion of lost wages and pay for medical bills resulting from work-related injury or illness.

Cannabis Crop Insurance

Harvested plants, seeds, seedlings (clones), vegetative and flowering plants, and finished stock will be covered by cannabis crop insurance. Perils like lightning, hail, wind, fire, theft, and theft as not so rare, so if you grow cannabis indoors or in a greenhouse, this is the coverage for you.

Commercial Property

Your commercial property can be damaged in no time. Greenhouses, growing facilities, extraction production, and laboratories need to have this type of insurance. It will help you with the repair or replacement costs of damaged property, and with lost income during a business interruption.

Business Interruption

Supplementing an income if your marijuana business cannot operate due to covered loss is the main goal of business interruption insurance. Do not let any unexpected peril ruins your hard-earned business.

Product Liability Insurance

If you do not want to deal with the claims that your cannabis product caused property damage or bodily injury, having product liability coverage ensures you are covered against large financial losses, regardless of the legitimacy of the claims that are made.

Product Recall Insurance

If you manufacture or distribute marijuana products, the chances are that you will face a recall. The costs of shipment, disposal, restocking or retrieving, warehouse expenses, and others will be covered with our product recall policy.

Commercial Auto

If you own a van, truck or any other kind of commercial vehicle, you will need commercial auto insurance. We offer comprehensive, collision, and auto liability insurance to protect your business from damages or theft to owned, non-owned, hired, or borrowed vehicles.

Cargo Insurance Policy

Whether you are strictly a distribution company or a delivery-only dispensary, cannabis transportation is strictly regulated, and failure to adhere to those regulations can lead to costly lawsuits. This insurance protects you from financial loss due to lost, damaged, or stolen marijuana cargo while in transit.

Crime Insurance

It protects from burglary, forgery and alteration, fraudulent money orders, wire transfer frauds, assets in transit, theft of client’s property and securities, e-crime, etc. As each company in the cannabis industry has crime exposure, it is crucial to obtain a cannabis-specific commercial crime policy.

Employee Practices Dishonesty Coverage (EPLI)

Wrongful termination, harassment, discrimination, or breach of contract can be a reason for a lawsuit. EPLI coverage protects the employer if these claims are made by current, former, or possibly future employees.

Data Breach Insurance

It will protect your dispensary or pot shop against cybercrime. With data breach insurance, you do not have to pay for the legal cost if someone breaks into your system and steals customer information.

Umbrella Insurance

When the legal claims exceed the financial limits of your cannabis insurance policy, an umbrella policy kicks in. Also known as excess liability insurance, it offers an additional layer of protection to any cannabis business.

Cannabis Surety Bonds

Surety bonds are licensing bonds that provide a financial guarantee to the state or municipality that you will perform according to the laws and regulations governing your license. If you have multiple cannabis licenses, you need to purchase a bond for each cannabis license.