Cannabis, CBD and Hemp Property

Offered by CannGen Insurance Services, LLC

Cannabis CBD Hemp Marijuana Property Lessor's Risk Dispensaries Cannabis Cultivators Medical Marijuana Commercial Property

Description

CannGen's property coverage is available in all states and tailored to the unique needs of the cannabis, CBD and hemp industries.  Trust the experts!  

Coverage Highlights

  • Limits up to $25,000,000 per location (Combined Property and Crop TIV )
  • Commercial property ISO forms
  • No sublimit for cannabis inventory when on the premises
  • Outdoor business personal property is approved
  • No maximum number of locations
  • Minimum premium $500

Coverage Options

  • Real Property
  • Business Personal Property
  • Cannabis Inventory
  • 3rd Party Care Custody Control (distributors only)

Commercial Property Endorsements

  • Form A – $1,000.00 per location
  • Form B – $1,500.00 per location
  • Form C – $2,000.00 per location

Endorsement Coverage Summary:

  • Accounts Receivable
  • Employee Dishonesty
  • Money & Securities
  • Property in Transit
  • Property Off-Premises
  • Spoilage
  • Valuable Papers and Records
  • Outdoor Property (Fencing, Signs)
  • Outdoor Property (Trees, Shrubs, Plants)
  • Personal Effects of Others

Approved Classifications

  • Cultivators
  • Processors/Harvesters
  • Manufacturers
  • Wholesale Distributors
  • Transporters
  • Dispensaries
  • Retailers
  • Non-Storefront Delivery
  • Lessor’s Risk (LRO) / Building Owners
  • Ancillary Businesses

Details

$25M Maximum Limit

Has Pen

Appointment Required

Carrier Information

Non-Admitted

Rating A & A+

Rating By AM Best

Listing Contact

Michael Sidore Sr. Vice President - Business Development

Offered By

CannGen Insurance Services, LLC

16 listings in 50 states + DC

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Availability 50 states + DC

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Covered

Not Covered

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