Cannabis insurance coverage is designed to protect businesses in Tulsa Oklahoma & Missouri and Texas in the cannabis industry from various risks. Coverage types vary depending on the business type (cultivation, retail, distribution, manufacturing, etc.). Here are the main types of cannabis insurance policies:
- General Liability Insurance
- Covers bodily injury and property damage claims from third parties.
- Product Liability Insurance
- Protects against claims related to defective or harmful cannabis products
- Property Insurance
- Covers damage to buildings, equipment, and inventory due to fire, theft, vandalism, or natural disasters.
- Crop Insurance
- Protects against loss of cannabis crops due to natural disasters, pests, or equipment failure.
- Workers’ Compensation Insurance
- Commercial Auto Insurance
- Covers vehicles used for transportation of cannabis products, employees, or equipment.
- Product Recall Insurance
- Covers costs associated with recalling cannabis products from the market.
- Professional Liability (Errors & Omissions) Insurance
- Cyber Liability Insurance
Let the agents at All American Insurance help you with your cannabis insurance questions and needs.