Ann Arbor Location
2405 S Main St
Ann Arbor, MI 48103

734.213.6736
Fax: 734-213-7065

Marijuana Insurance in Ann Arbor, Brighton and throughout Michigan

Marijuana Insurance in Michigan

Growing and selling marijuana are among the fastest-growing industries in the country—but the business is not without its risks. Aside from the developing legality of the industry, businesses selling cannabis face problems like properly growing crops, faulty equipment, and rapidly-changing regulations from state legislatures.

As the owner of a marijuana business, you've decided to rise to and meet the challenge of owning a business in this industry. Whether this is your first time running a company or the latest in a series of ventures, you're one of the pioneers helping to decide the future of marijuana's use in our nation. It's time to start protecting that investment.

 

Heidi Kussurelis Agency, Inc. provides LCB-required coverage (General Liability and Product Liability) and other coverages, which include:

  • Dispensaries
  • Marijuana CropsMarijuana Insurance
  • Finished Stock
  • Governmental Action
  • Equipment Breakdown
  • Indoor Grow Equipment
  • Outdoor Grow Equipment
  • Business Income (this is a big one)
  • Transit/Cargo Coverage
  • Tenant Improvements
  • Commercial Auto / Delivery Vehicle

 

Marijuana Insurance Features

Marijuana business insurance is composed of two major parts:

  • Business Insurance covers things like a business owner's policy (BOP), worker's compensation, and protection against problems like theft or fire. Business interruption insurance is especially important for you since changing industry regulations might force a temporary shutdown while you scramble to adjust.
  • Special Industry Coverage focuses on everything that normal business insurance policies don't cover. If you're doing something particularly new or innovative, there's a good chance it's not covered by the standard policy. Fortunately, your marijuana insurance can be adjusted to cover this and ensure that all of your company is adequately protected.

The laws on marijuana are changing rapidly, and because the federal government has not fully legalized the industry, complying with all current local regulations is important. Your willingness to follow the law is a critical part of demonstrating that the marijuana industry can be trusted, so don't hesitate to talk to a Heidi Kussurelis Agency Inc agent about the best ways of meeting any new regulations. We'll work with you to find a policy that fits your needs—no matter how often the rules change.

 

Additional Resources: