Cannabis Business Insurance

At OVD Insurance, we specialize in providing comprehensive insurance solutions tailored specifically for the medical marijuana and cannabis industry. With the fast-changing regulations surrounding the medicinal or recreational use of marijuana in state laws, cannabis and cannabis-related businesses are everywhere. Our team, led by Pete Vredeveld, understands the unique challenges and risks faced by cannabis businesses. We’re committed to offering expert guidance, innovative insurance coverage options, and proactive support to ensure your cannabis business thrives in this dynamic industry.

Our Cannabis Insurance Expertise

01

Comprehensive Risk Assessment

  • Thorough evaluation of your specific cannabis operations
  • Identification of potential vulnerabilities and exposures
  • Customized risk management strategies
02

Tailored Risk Management Solutions

  • Commercial Property Insurance: Protecting your business’s personal property, including facilities, equipment, and inventory
  • General Liability Insurance: Safeguarding against third-party claims and covering legal defense costs
  • Product Liability Insurance: Coverage for your cannabis products
  • Crop Insurance: Protecting your valuable harvests and financial loss
  • Business Interruption Insurance: Ensuring continuity during unforeseen events such as severe weather
  • Cyber Liability Insurance: Guarding against data breaches and cyber threats
  • Workers Compensation Insurance: Provide coverage for medical payments and disability benefits for workers
  • Commercial Auto Insurance: Protect commercial vehicles and drivers
03

Regulatory Compliance

  • Up-to-date knowledge of state and federal laws
  • Ensure your coverage meets all legal requirements
  • Assistance with licensing and compliance documentation
04

Industry-Specific Coverage Options

  • Transportation and Cargo Insurance
  • Equipment Breakdown Coverage
  • Directors and Officers (D&O) Liability
  • Employment Practices Liability Insurance (EPLI)
05

Claims Management and Support

  • Rapid response to filed claims
  • Advocacy on your behalf with insurance carriers
  • Streamlined claims process to minimize business disruption
06

Ongoing Advisory Services

  • Regular policy reviews and updates
  • Proactive risk management consultations
  • Industry trend analysis and insights
07

Cost-Effective Solutions

  • Access to multiple carriers for competitive pricing
  • Customized policies to optimize coverage and cost
  • Guidance on risk mitigation to potentially lower premiums
08

Cannabis Business Types We Serve

  • Cultivators and growers
  • Processors and manufacturers
  • Dispensaries and retailers
  • Testing laboratories
  • Ancillary services providers

Why Choose OVD Insurance for Your Cannabis Business?

  • Specialized Expertise: Our team has in-depth knowledge of the cannabis industry and its unique insurance needs.
  • Customized Approach: We don’t believe in one-size-fits-all solutions. Each policy is tailored to your specific cannabis business model and risk profile.
  • Proactive Support: We stay ahead of cannabis industry changes to keep your coverage current and comprehensive.
  • Trusted Partnerships: Strong relationships with top-rated insurance carriers ensure the best coverage options for cannabis businesses all over the country.
  • Commitment to Education: We ensure you understand your coverage and emerging risks, empowering you to make informed decisions about your business protection.
  • Responsive Service: Our team is always ready to answer your questions and provide support when you need it most.

I have been a customer over 30 years. Your service and pricing has always been as expected and better. Thanks.

Cannabis Insurance with OVD Insurance

At OVD Insurance, we’re more than just a cannabis insurance provider – we’re your partner in navigating the complex landscape of cannabis business insurance. Let us help you protect your investment, mitigate risks, and focus on growing your cannabis business with confidence.

Ready to secure your cannabis business with expert insurance solutions? Contact OVD Insurance today for a personalized consultation and quote.

FAQs

What does cannabis business insurance cover?

Cannabis insurance can come in a variety of forms, covering property damage liability, lost income, crops, and much more. OVD Insurance can offer tailored solutions you won't find in general liability insurance.

Does cannabis insurance cover legal costs?

Policies that include coverage for legal fees can be invaluable to your business. OVD Insurance can help you explore insurance policies that fit your exact risk exposures.

Connect with OVD Today

To learn more about how OVD can help ensure coverage for your cannabis company, do not hesitate to give us a call today.