Cannabis Insurance
It has been difficult for businesses in the cannabis industry to obtain adequate insurance to protect their investments. Â Praxis Insurance Associates can offer the following coverage in all states where it is legal to operate, and a business is properly permitted:
- Property
- General Liability
- Product Liability
- Excess Liability
- Workers Compensation
- Indoor Crop
- Equipment Breakdown
- Motor Truck Cargo
- Commercial Auto
- Cyber Insurance
We can provide quotes for cultivation, warehousing & distribution, testing, labs & extraction, manufacturing and retail operations. And we can cover producers, processing, transporters and delivery and retail businesses.
To obtain a quote for a cannabis operation, please provide:
- Acord application 130 for work comp
- Accord 126 & 140 for General Liability and Property
- Supplemental Applications will be required (contact us for these)
- The workers compensation or package cannabis supplemental, completed in its entirety (add links over the LOB to app)
- X-mod worksheet and loss runs if this is an existing business, or a business changing their operations to include or move to cannabis
- New ventures are ok
- Cannabis permit to conduct business, or the type of license that has been submitted and the status
Download Praxis Insurance Associates Cannabis Applications below:
Praxis Insurance Associates - Package Supplemental Cannabis Application
Targeted States
All Canabis Legal States
Alabama
Arizona
Arkansas
California
Colorado
Florida
Georgia
Illinois
Indiana
Louisiana
Maryland
Massachusetts
Michigan
Mississippi
North Carolina
North Dakota
Nevada
New Jersey
New York
Ohio
Pennsylvania
South Carolina
Tennessee
Texas
Utah
Virginia
West Virginia