- Maximum limits of $10M/$10M/$10M
- Claims-made
- CGL or Products Only Option
- Electronic vapes
- Budtender Professional Liability
- Hired non-owned auto coverage available
A top cannabis insurance carrier in New Jersey and beyond, Admiral Insurance Group offers commercial casualty insurance coverage for cultivators, processors, wholesalers and dispensaries in states where cannabis has been legalized for medicinal or recreational use.
Cannabis Insurance Coverage Capabilities
Available Classes
- Vertically Integrated Operations
- Cultivators/growers
- Processors/manufacturers
- Distributors
Cannabis Accounts Recently Written
Risk Description |
Limits |
Premium |
| Cultivation | $1M/2M/2M | $5,500 |
| White Labeler | $5M/5M/5M | $20,000 |
| Dispensary | $1M/2M/2M | $7,500 |
| Vertically Integrated Operations | $5M/5M/5M | $41,000 |
| Cultivation/ Manufacturing | $10M/10M/10M | $218,000 |
Comprehensive Cannabis Program
Admiral brokers now have exclusive access to additional lines of business when the casualty coverage is bound with Admiral. Berkley Connect can provide a comprehensive solution for cannabis risks—one application, one submission and one family of insurance companies to provide solutions to the cannabis industry.
The Comprehensive Cannabis Program connects you with the cannabis insurance expertise of the Berkley companies through a single point of contact, ensuring that you and your clients have a uniform and consistent experience. All products provided are written on AM Best–rated A+ XV paper, giving your clients the confidence they need and deserve from their insurance providers.
Through Berkley Connect, Admiral brokers can now gain access to a breadth of cannabis insurance coverage options tailored to the needs of the industry, including:
Berkley Connect Wholesale Solutions offered by Berkley Connect Insurance Solutions, LLC
[email protected] | CA License 0H99364
Products and services described above are provided through various surplus lines insurance company subsidiaries of W. R. Berkley Corporation and offered through licensed surplus lines brokers. Not all products and services may be available in all jurisdictions, and the coverage provided by any insurer is subject to the actual terms and conditions of the policies issued. Surplus lines insurance carriers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds. Berkley Connect Insurance Solutions, LLC or its designated licensee conducts business in all states including California as a licensed surplus lines broker (CA License #0H99364). Find additional information concerning W. R. Berkley Corporation’s insurance company subsidiaries.
Download the Admiral Cannabis Insurance Brochure Today!
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