Three Big Types of Property Insurance for Cannabis Companies

Being very important for business stability, property insurance is a topic that comes up in the cannabis industry daily. In addition to getting coverage, it is important to understand what you are insuring so that you can classify your property correctly. The last thing you want is to think you are covered, and then have a claim that did not meet the coverage requirements and/or surpassed the coverage limits significantly.

But, how do you focus on the type of property that you have and determine how it needs to be insured? A great first step is to know the basics. In this video, we break down the 3 big types of property insurance that cannabis businesses should consider: Building property insurance, tenant improvements property insurance, and business personal property insurance.