Cannabis

Cannabis2025-10-20T17:42:00-04:00
Cannabis

Coverage That Lets Your Business Grow Freely

Running a cannabis business means navigating a complex mix of regulations, risks, and opportunities. At Semper Insurance, we specialize in providing comprehensive protection for every link in the cannabis supply chain — from cultivation and processing to retail dispensaries and distributors. We understand the industry’s unique challenges, from compliance issues and property concerns to product liability and theft. Our mission is simple: to help your cannabis business grow safely and sustainably with the coverage it deserves.

Contact a representative at Semper Insurance to discuss the best insurance options for your Cannabis business.

Recommended Insurance For Cannabis Businesses

General Liability

Provides coverage for third-party claims related to bodily injury, property damage, and advertising injuries. General Liability covers injuries occurring on your business premises or business activities that cause damage to someone else’s property.

Worker’s Compensations

If your business has employees, workers’ compensation insurance is usually required by law in every state. It provides coverage for medical expenses, lost wages, and rehabilitation costs for employees who are injured on the job.

Business Owner’s Policy

Combines general liability and property insurance into one package tailored for small to medium-sized businesses. It covers property damage, bodily injury, and business interruption, offering protection against claims arising from accidents on your premises and damage to your business property.

Product Liability

Provides coverage for claims related to injuries or damages caused by products manufactured, sold, or distributed by your business. It protects against financial loss due to product defects, design flaws, or inadequate warnings, ensuring your business can handle legal costs and settlements arising from product-related incidents.

Cyber Liability

Offers coverage for data breaches and cyberattacks, protecting businesses against financial losses from data theft, system hacks, and cyber extortion. It includes costs for legal fees, notification expenses, credit monitoring for affected customers, and public relations efforts to manage the breach’s impact.

Commercial Umbrella

Provides additional liability coverage beyond the limits of your existing general liability, commercial auto, and other liability policies. It offers extra protection against large claims or lawsuits, covering costs that exceed the underlying policy limits, ensuring broader financial security for your business.

Types of Cannabis we serve

Common questions about Cannabis

Answering the most frequently asked questions about Cannabis.

How much does cannabis insurance cost?2024-07-09T13:02:53-04:00

Costs vary based on business type, location, coverage amount, claims history, and business size. Expect to pay between $1,000 and $3,000 annually for basic coverage.

Can I get insurance if my business operates in multiple states?2024-07-09T13:02:02-04:00

Yes, but you will need to ensure compliance with each state’s regulations. An experienced broker can help you navigate multi-state operations.

How do I choose the right insurance policies for my cannabis business?2024-07-09T13:00:14-04:00

Work with an experienced insurance broker to assess your risks and determine the necessary coverage for your operations.

What are the insurance requirements for cannabis businesses?2024-07-09T12:59:09-04:00

State laws typically require general liability insurance. Specific requirements vary, so check your local regulations.

What does product liability insurance cover?2024-07-09T12:57:28-04:00

It covers legal defense costs if a product harms a customer, including adverse effects, contamination, and damaged property.

Reviews from Semper Insurance clients

110-35 72nd Rd, Forest Hills

5.0 22 reviews

  • Avatar Justin Wheeler ★★★★★ in the last week
    We are so thrilled to be working with Adam. From the get-go, he took the time to understand our business's needs and worked closely (and tenaciously) to assemble an insurance package that met our unique needs. He's shown himself … More to be diligent, contentious, and a true advocate -- in many ways it feels like Adam's become an extension of my team. In the months we've been working together I've really come to trust Adam, and feel his partnership as an agent reflects a knowledge of our business and its mission and a genuine energy to strengthen and protect our operation.
  • Avatar Grigoriy Priev ★★★★★ a month ago
    Adam is super easy to work with and really knows his stuff. He helped me find the right business insurance without any hassle. A broker you can trust.Thanks
  • Avatar lina torres ★★★★★ a month ago
    Adam is an excellent insurance broker. I called him frantic looking for a last minute commercial insurance. I gave him the details of the specific coverage I needed. He was able to communicate with me throughout the day just giving me updates … More with different insurance options and when I told him I found an option he even went the extra mile to price match the other company without compromising the coverage. I had the true experience of professional genuine custom care and would highly recommend to anyone.

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