Description
Cannasure has multiple flood coverage offerings to protect your cannabis clients from water damage that’s currently excluded in the typical property coverage form – including named storm, heavy deluge, “wrong place, wrong time” or any number of reasons excess water overwhelms an area and eventually your client’s structure, operations, building & contents.
Targeted Classes
- Dispensaries
- Cultivators
- Processors/ Manufacturers
- Landlords/ LROs
- Testing Laboratories
Available Coverages
- Up to $15M per location or single building coverage
- Max TIV up to $100M at up to 30 locations
- Separate BPP/Contents AND Tenant Improvements/Betterments coverage available (within max TIV)
- RCV to max limit
- Business interruption/income coverage (up to 10% of max limit)
- Usually written as Primary coverage, but Excess option available too
- All 50 states except Louisiana south of I-10
KEY EXCLUSIONS:
- Individual machinery or item valued over $100,000
- Industry Property (ie, Cannabis inventory)
- ¼ mile minimum distance to tidal water
Highlighted Features
- Flexible deductibles
- Prior losses are reviewed on case by case basis
- No waiting period to be effective
Details
Has Pen
Listing Contact
Jim McErlean Business Development Manager
Offered By
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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