Cannabis and Marijuana Insurance
Contact your broker for more information TODAY! Fill out an online application or download a PDF version for your convenience. Contact your broker for cannabis coverage needs.
Most cannabis operations, including dispensaries, processing, extraction facilities, greenhouse cultivators, bakeries and many more face a number of potential risks in this fast-growing and complex industry to insure.
We provide cannabis insurance programs for businesses pioneering the cannabis industry. Our cannabis program offers extensive coverage options for low minimum premiums. This coverage extends to indoor and outdoor plant coverage, property insurance, builders risk, and inland marine coverage.
Having partnered with highly rated carriers and combined with our in-house underwriting authority, we can get you quotes in days instead of weeks. Veracity is the best option you have to capture this business for your clients.
We Are Your Cannabis Insurance Solution
Whether your clients need coverage for topical products, ingestible products, or indoor crops, you’ll find the right coverage option with Veracity.
General Liability
Target Classes
- Bakeries/Manufacturing/Infused Products
- Consultants
- Cultivation
- Delivery Companies
- Distribution/Transport
- Companies
- Dispensaries (Medical and Adult Use)
- Habitational Risks (Referral Required)
- Hydroponic Stores
- Indoor and Greenhouse
- Cultivation
- Laboratories
- Lessor Risk Only
- Medical Offices
- Off-Site Offices
- Outdoor Cultivation
- Processing Operations (3rd Party Services
- Provided to Others)
- Schools—Cannabis
- Trade Vocational
- Warehousing Operations
General Liability
- GL Max Premises Liability:
- $1M Occ/$2M Agg
- MP P/Location: $500
- MP—Monoline: $750
- MP—Product Liability: $1M
- Occ/$2M Agg $5000
Inland Marine
Inland Marine Coverage Highlights
- Contractors Equipment—MP $400 Monoline/$250 Pkg
- Scheduled Property—MP $400 Monoline/$250 Pkg
- Bailees Customer Coverage—$250k Max with UW Approval
- Property In Transit—$250k Max with UW Approval
- Builders Risk
- Vacant Buildings
Inland Marine
- Up to $50k P/Item
- Up to $100k for Any One Location or Loss
Crop Coverage & Property Coverage
Inland Marine Coverage Highlights
- MP Property: $400
- MP General Liability: $500
- Indoor Cultivation Coverage
- Greenhouse Coverage
- 14 Covered Perils
- Harvested Cannabis Coverage
- Outdoor Grow Equipment Coverage
- And many more!
Inland Marine
- Max TIV Authority P/Location: $1M
- Max Finished Stock P/Location: $500K
- Max Harvest Cannabis Materials P/Location: $500K
Why Veracity?
Veracity is committed to creating a positive experience for our customers and setting a higher standard on how business should be done. We value customer interaction, response and turnaround times, product knowledge, and compliance.
Our experience with general and product liability insurance, excess & surplus lines, in-house underwriting, and exclusive programs gives you the competitive edge you need.