Cannabis Cargo Insurance
Each day your cannabis operation grows, so does the need for more specialized insurance to protect your investment. The property you own or lease to manufacture or dispense your products, the crops you grow, and even the employees you hire all need to be protected with the right insurance coverage. The same can be said for the cannabis cargo you transport.
Lighthouse Insurance is one of the region’s most knowledgeable transportation insurance agents. For nearly three decades, our team has worked with a wide variety of business owners in the transportation industry, insuring everything from large operators with fleets of vans and trucks to smaller ventures with one or two sedans.
Our experience with all aspects of the cannabis insurance sector combined with our vast knowledge of the transportation industry can greatly benefit companies like yours that are investing in transporting cannabis cargo and want to protect this interest.
You may be wondering how your cannabis business can benefit from this specialized policy. Below, Lighthouse will help you understand what this critical insurance covers and the types of companies that should consider adding it to their risk management plan.
What is cargo insurance for cannabis companies?
No matter what type of goods your company transports, you need to protect your fleet and shield yourself from the financial losses that may result if any onboard freight gets stolen or damaged. Cargo insurance covers other people’s property that is in your care, custody, and control. It can be tailored to cover not only cannabis in transit but also your exposure to carrying cash and storing the cannabis at your location.
What type of business can benefit from cannabis cargo insurance?
If your cannabis business owns or leases vehicles of any kind to transport your goods, you should invest in cargo insurance. Additionally, these specific businesses should strongly consider adding this liability coverage:
- Delivery services