Cannabis Insurance

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Admiral Insurance Group offers casualty coverage for cultivators, processors, wholesalers, and dispensaries in states where cannabis has been legalized for medicinal or recreational use.

Cannabis Coverage Capabilities

  • Maximum limits of $10M/$10M/$10M
  • Claims-made
  • CGL or Products Only Option 
  • Electronic vapes
  • Budtender Professional Liability
  • Hired non-owned auto coverage available

Available Classes

  • Vertically Integrated Operations
  • Cultivators/growers
  • Processors/manufacturers
  • Distributors

Cannabis FAQs

View the Cannabis FAQs to learn more about Admiral’s coverage for the cannabis industry.

Cannabis Accounts Recently Written

Download the Cannabis Hit List Link

Risk Description

Limits

Premium

Dispensary – Products Only

$3M/3M/3M $14,500
Cultivator $1M/2M/2M $5,000
Dispensary Schedule $1M/2M/2M $17,834
Dispensary $1M/2M/2M $9,000
Vertically Integrated Operations $5M/5M/5M $78,000
Dispensary $1M/2M/2M $15,700
Medical Dispensary $1M/2M/2M $5,000
Licensing Brand $6M/6M/6M $21,000

Berkley Connect now offers Property, Workers Compensation, Product Recall Expense and Employment Practices Liability to complement the Casualty coverage provided by Admiral. Recognizing the complex requirements of the ever-changing cannabis industry, we’ve crafted coverages that specifically meet the needs of cannabis businesses.

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 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 A.M. 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 coverages tailored to the needs of the cannabis industry, including:

Download the Admiral Cannabis Brochure Today!



If you would like the Admiral Cannabis Brochure personalized with your information and logo fill out the Personalized Brochure Request form today!

The partnership you want, the advantage you need.