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.
What’s at Risk
Failing to understand the nuances and unique services of the cannabis industry can leave insureds open to a wide array of potential issues in this turbulent legal climate.
Our Solution
Admiral’s Casualty Underwriting team develops creative solutions for businesses in the cannabis industry, including those that sell, grow, manufacture, or process products containing more than 0.3% THC.
Cannabis Insurance Coverage
Learn more about Admiral’s Cannabis Insurance coverage, including coverage capabilities and sample classes.
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
Note: Hemp and CBD insurance are handled by Admiral’s HNL Team. Learn more about our hemp and CBD coverage.
Admiral Cannabis Hit List
Get an edge in the market! Download our top new business classes plus our featured hit.
Comprehensive Cannabis Program
Berkley Connect now offers property, workers’ compensation, and employment practices liability coverage 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 insurance needs of cannabis and marijuana businesses.
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.
