Hemp Industry Insurance

Regulations and State laws are constantly evolving. Get expert guidance from one of our licensed agents to protect your business.

Why CBD/Hemp Insurance is Essential

CBD/Hemp insurance is essential to add to your company’s risk management strategy. With the help of insurance, you can financially safeguard your business if you’re faced with a third-party lawsuit. Legal fees and defense costs can be detrimental enough that you could have to close your business. However, with proper CBD/hemp coverage, you can have peace of mind knowing you may not have to deal with a claim alone.

Why Product Liability Insurance is Necessary

It’s not just manufacturers who take this risk. Importers, distributors, and even retailers can also be held liable if a customer is injured from the product malfunction. You might be liable if your business name is on the product, if your business has repaired or made changes to the product

specialized for Hemp and CBD

Manufacturers, Distributors, Wholesalers and Retailers face a complex regulatory environment and broad range of exposures. With access to multiple A rated binding and brokerage markets, we can provide your clients with tailored coverage to meet the complex requirements in this demanding and dynamic industry.

Protect your business

General liability insurance (GL), often referred to as business liability insurance, is coverage that can protect you from a variety of claims including bodily injury, property damage, personal injury and others that can arise from your business operations.

General Liability learn more

Four out of ten small business owners are likely to experience a property or general liability claim in the next 10 years. Claims range from unexpected incidents, like a burglary, to unforeseen accidents, such as a customer getting injured after slipping and falling. General liability insurance helps cover your costs to respond to these claims.

Product Liability insurance offers protection in the case of third-party claims (such as bodily injury or property damage) resulting from use of a covered product.

If your business sells products and someone is injured by the use of the products, your company may be named in the lawsuit. Product Liability will pay for your legal defense and, if your company is found to be negligent, it will pay the injured third party.

Product Liability Insurance Learn more

Protect your team members

Workers’ compensation insurance, commonly known as workers’ comp, is insurance that covers medical expenses and a portion of lost wages for employees who become injured or ill on the job. Coverage also includes employee rehabilitation and death benefits.

Worker's Compensation learn more

Workers’ compensation insurance is required by law in almost every state. Some worker exemptions exist, so you’ll want to check with your state to find out if coverage is mandatory for your business.

Choosing to forgo workers’ comp coverage puts your business at high financial risk. Not only can you face a lawsuit for workplace injuries, but you’ll likely be fined for breaking the law.

Each state has its own unique set of workers’ compensation laws that employers must follow. These regulations help ensure that employers provide coverage for the cost of work-related injuries or occupational diseases, regardless of employee negligence.

An employee can only receive benefits if their injury or illness relates to their job duties or employment. Workers’ comp insurance could cover injuries caused by lifting heavy equipment, slipping on a wet or oily surface, or sustaining injury due to fires or explosions.

If an employee isn’t acting within the scope of their employment and becomes injured, such as playing football with friends on a day off, workers’ compensation insurance won’t cover them.