Insurance for the Cannabis Industry
If you are visiting our page, then chances are you are reasonably new in the Cannabis space. We have some good news for you. We are not new in this space. In fact…
- Broadfield was founded on Agriculture risks in 1864. Hence our name “Broad”.. “field”
- 156 ++ years of experience understanding crop, growing, and distribution exposures combined with…
- National leadership role in Cannabis with our Nine Point Strategies brand
Frankly, we are unable to think of any insurance broker in this region that is better prepared for the expected growth of this segment of the market place. Our existing national presence is critical to your success. Our ability to insure a Cannabis exposure in New Jersey, New York or Connecticut is simply an extension of years of experience.
Insuring your cannabis operation is an important undertaking best entrusted to agents who understand the unique exposures of this industry. Broadfield Insurance, under the The Nine Point Strategies advantage brings extensive market knowledge and dedicated customer support – both key to successfully managing your risks. We represent the cannabis industry’s leading carriers to provide you with the best coverage available.
A comprehensive risk management program begins with a General Liability policy to protect your business against lawsuits for bodily injury and property damage to others. Contact one of our agents for a no-obligation policy review to make sure you have the coverage you need.
Another fundamental coverage is Property insurance. We provide coverage against loss from fire, theft and vandalism, protecting your investment in buildings and tenant improvements, business personal property, manufacturing equipment, inventory, crop and finished stock. Call us to discuss your Property coverage requirements.
Crop Insurance Coverage
Crop coverage is available for indoor and greenhouse grows to protect you against loss from the physical perils of Fire, Theft, Wind and Hail. For full-spectrum coverage inquire about combining Crop with Business Income and Equipment Breakdown for a complete property protection solution.
Products Liability Coverage
It’s true – cannabis never killed anyone. What is also true is that almost anyone can bring suit against you if you manufacture, test or sell cannabis products. Our policies provide you with Duty to Defend coverage to protect your business if named in a suit by consumers alleging harm from your products.
Workers Compensation Insurance
We know Workers Compensation, and we understand that working with cannabis poses no greater risk to employees than most other products. Clients that qualify can use our CompShield program’s systematic claims process and our in-house Safety Department to help reduce their Work Comp costs.
- Retail Dispensaries
- Smoke Shop
- Landlords of Cannabis Tenants
- Cyber Liability
- Workers Compensation
- Directors & Officers
- Employment Practices Liability
- Course of Construction
*Insurance Programs are offered through various insurance carriers. Note that due to the ever changing regulatory environment information published on these pages may not be applicable to all states.