Cannabis Crop

Understanding Cannabis Crop Insurance

Is your cannabis crop protected against unforeseen incidents? Cannabis crop insurance provides all-encompassing protection for your crops from the moment they are planted until they are sold, safeguarding against risks like fire, theft, lightning, wind, hail, and environmental system malfunctions.

While most crop insurance policies do not cover losses due to diseases, climate changes, and fertilization issues, having cannabis crop insurance is crucial for all cannabis business owners. Cultivating cannabis takes considerable time and effort, generally about four months to reach harvest.

Without insurance, a single catastrophic event like a fire could wipe out all the investment in your crops.

Key Features of Cannabis Crop Insurance

Cannabis crop insurance is tailored for growers and cultivators, ensuring your crops are protected at every stage of growth.

Covered Items:

• Mature plants ready for harvest
• Seeds
• Seedlings or clones
• Final product stock
• Flowering plants
• Plants in vegetative stages

Coverage limits can go up to $10 million per location. In case of damage or loss, the insurance will provide compensation for the insured amount per cycle.

Advantages of Cannabis Crop Insurance

The main advantage of cannabis crop insurance is the comprehensive protection it offers for the crops you have dedicated time and resources to grow. Disasters are unpredictable, and physical damage isn't the only risk.

Another significant benefit is protection against theft. Employee dishonesty can be a costly problem. With a solid insurance policy, you can ensure your crops are covered against various risks.

Choosing the Right Cannabis Crop Insurance

Level of Coverage:

Cannabis growers must carefully evaluate the level of coverage needed for their crop insurance. This often involves balancing a higher premium with a higher level of protection. Assess the scale of your operation to determine the necessary coverage level.

Currently, coverage for cannabis crops is available for indoor and greenhouse facilities only.

Get a Customized Quote for Cannabis Crop Insurance

Tell us more about your cannabis business so we can create a quote tailored to your needs.

Request a Quote

For more information and to get a quote for your cannabis crop insurance, please contact us at info@daveh61.sg-host.com.

Why Bozzuto Group for Your Cannabis Crop Insurance?

Bozzuto Group has extensive experience in the cannabis industry and understands the unique challenges you face. Our dedicated team will work with you to develop an insurance policy that ensures your business is fully protected. With our expertise and commitment to customer satisfaction, you can be confident that your crops are in good hands.