Located in Colorado, the state of the great green rush, we provide insurance coverage for the hemp business markets. While hemp businesses need the same basic coverage as any other business that sells a product or service, they also face a unique set of risks brought on by the nature of their product. In response to this, policies are being developed to address exposures that are not covered by standard policies. We can insure most aspects of your hemp industry business including:
- Cultivation Facilities
- Infused Products Manufacturing
- Ancillary Businesses – Hydroponic Stores, Testing Labs, Manufacturers
- CBD Product Manufacturers
Coverages include General Liability including Product Liability, Commercial Property and Indoor Crop Coverage, Finished Stock, *Stock While in Transit, Commercial Auto, Workers Compensation, Directors & Officers and many more.
Although regulation for most states have not mandated insurance coverage it is important for a business to protect the public as well as themselves from unforeseen financial damages.
At Specialty Insurance Partners we understand that there is a need for more markets, competitive pricing, and coverage for both the marijuana and hemp industries. As cannabis industry experts, we work diligently with various companies to educate them about the marijuana industry in hopes of developing new insurance programs.