Cannabis Insurance Program
Your Cannabis Business Insurance Solution
Our roots run deep as a leading resource and insurance solution provider for the cannabis industry. With over a decade of underwriting experience, Conifer Insurance Services is trusted by thousands of clients and agency partners to protect cannabis businesses and their assets.
PROGRAM HIGHLIGHTS
- Exclusive, A.M. Best A Rated Program Carrier
- Available Nationwide (Excl. FL & NY)
- Admitted & Excess & Surplus (State Specific)
- Attestation Forms Provided (Michigan)
- New Ventures Considered
LIABILITY
- General Liability
- Product Liability (Claims Made Form)
- Marijuana Liability
- Cyber Liability
PROPERTY
- Buildings
- Crop & Stock
- Goods in Process
- Business Income
- Business Personal Property
- Improvements & Betterments
- Equipment Breakdown
- Property Enhancement Endorsement (20+ Additional Coverages)
COMMERCIAL AUTO
- Hired & Non-Owned Auto
LESSORS RISK ONLY
- Available if tenant coverage has or will be placed with Conifer
- Dispensaries / Provisioning Centers
- Cultivators / Grows
- Product Manufacturers
- Lounges / On-Site Consumption
- Lab / Safety Compliance
- Extraction Companies
- Microbusinesses
- Transporters
- Processors
SUBMISSION REQUIREMENTS
- Cannabis Application, Acords or Competitor Applications
- Loss Runs
Completed applications and loss runs can be sent to CommercialLines@ConiferInsurance.com
MARKETING
The MICIA is the leading voice for Michigan’s legal cannabis businesses. The MICIA advocates for responsible and successful medical and adult use cannabis industry by promoting sensible laws and regulations and industry best practices among members.
Ready to have your business covered?
Questions About Cannabis/CBD Insurance
Cannabis businesses face unique risks that are not covered by traditional insurance policies. Specialized coverage is necessary to protect against risks such as theft, product liability, and crop or stock related claims.
All businesses in the cannabis industry, including cultivators, processors, manufacturers, and dispensaries, require specialized insurance coverage.
Staying up to date with the latest developments requires following industry news, changes in laws and regulations, new products and services, and emerging risks. You can do this by joining industry associations and attending industry events.
Cannabis businesses face unique risks that can lead to significant financial losses. Insurance coverage helps protect these businesses from unexpected events that could cause financial damage.