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Easy and comprehensive insurance for cannabis dispensaries.
For those at the forefront of cannabis dispensing, we offer a comprehensive insurance package that simplifies acquiring and navigating the insurance coverage these unique businesses require. With one easy application—underwritten by a A.M. Best A or A+ Rated provider—Blue River Underwriters can quote your property, employment practices liability and workers’ compensation coverage (where available). This comprehensive solution is supported by best-in-class claims handling, flexible workers’ comp payment terms, and complimentary EPLI loss prevention tools for policyholders. For all other cannabis related quotes, click here.
Target Classes:
- Commercial property coverage that is tailored to the needs of cannabis dispensaries.
Available Coverages:
- Replacement Cost Coverage for Stock
- Accounts Receivable
- Business Income
- Computer Equipment
- Covered Property Distance from Premises Increased to 1,000 Feet
- Equipment Breakdown including Spoilage up to $250,000
- Employee Theft
- Extra Expense
- Fine Arts
- Fire Department Service Charge
- Fire Protection Equipment
- Money and Securities
- Outdoor Property
- Outdoor Signs
- Personal Effects and Property of Others
- Reward Payment
- Spoilage
- Valuable Papers and Records
- Walks, Patios, or Other Paved Surfaces, Foundations of Buildings or Structures, and Underground Pipes, Flues or Drains
- Water Back Up Or Overflow From Sewer, Drain or Sump
- Wind and Hail Coverage
Maximum Limits:
- $5,000,000 TIV per Location
- $250,000 Theft
Deductible:
- Minimum Deductible: $2,500
- Split Deductibles Available
Target Classes:
Employment Practices Liability Insurance designed to protect cannabis dispensaries and their employees* against liability for claims or lawsuits alleging employment-related wrongdoing.
Policy Highlights:
- Duty to Defend policy language
- Full prior acts coverage
- Third party liability coverage for claims brought by non-employees for harassment or discrimination
- Modified settlement clause (80% / 20% coinsurance)
- Damages include punitive or exemplary damages up to the limit of liability, where insurable
- Broadened definition of claim to include tolling agreements
- Immigration Reform Control Act endorsement (IRCA)
- Sublimit available for Costs of Defense of Wage and Hour claims
- Sublimit available for privacy violations
Available Limits:
- $500,000 to $2,000,000
Deductible:
- $25,000
Risk Management Services:
- Policyholders receive complimentary loss prevention tools that include a hotline and dedicated website.
- Toll-free hotline providing basic workplace issue consultations
- Policyholder accessible website containing articles, sample documents, and loss prevention resources
*Firms up to 200 employees. Will consider accounts with claims up to $25,000
Target Classes:
- Workers compensation insurance for cannabis dispensaries. Contact us for more informaton.
Availability:
- Coverage is availabe in the following states: AR, AZ, CA, CT, IL, MO, NV, and PA.
- Completed application
- Loss runs 2 years
- For added coverage options, additional forms may apply
- Startups are eligible with certain considerations
Property and EPLI coverage is available in the following states: AK, AR, AZ, CA, CT, CO, DE, FL, HI, IL, MD, ME, MI, MO, MN, MT, ND, NH, NV, OK, OH, OR, PA, RI, UT, VT, WA, AND WV. For additional states not shown for property, please inquire directly for additional outlets.
WC coverage marked with a star is availabe in the following states: AR, AZ, CA, CT, IL, MO, NV, and PA.
