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Cannabis Insurance Risk | Cannabis Insurance Broker
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  • Home
  • About
  • Cannabis Insurance
    • Cannabis Industry Coverage >
      • Cultivation Insurance - Indoor, Greenhouse, Outdoor
      • Manufacturing & Processing Insurance
      • Laboratory & Testing Insurance
      • Wholesaler & Distribution Insurance
      • Cannabis Auto & Delivery Insurance
      • Dispensary Insurance
      • Building Insurance
    • Casualty Insurance >
      • Cannabis Auto Insurance
      • Cyber Liability Insurance
      • Commercial Umbrella Liability
      • Directors & Officers Liability (D&O)
      • Employment Practices Liability Insurance (EPLI)
      • Cannabis General Liability
      • Pollution Liability Insurance
      • Product Liability Insurance
      • Product Recall Liability
      • Workers Compensation
    • Property Insurance >
      • Business Property Insurance
      • Cannabis Crop Insurance
      • Cannabis Crime Insurance
      • Cannabis Finished Stock Insurance
      • Equipment Breakdown Insurance
      • Stock Throughput Insurance
  • Resources
    • Articles
    • Cannabis Insurance Application
    • Cannabis Insurance Companies
    • Cannabis Insurance Review
    • Cannabis Security Audit Checklist
    • Cannabis Insurance By State
    • Cannabis Business Resources
    • Contact
  • Quote Request
  • Schedule a Call

Cannabis Umbrella Liability Insurance

​Cannabis Umbrella Liability Insurance is cannabis insurance coverage that's designed to kick in and provide an additional layer of liability protection should a lawsuit or major accident exceed the limits of your existing, or underlying policies which include:
​
  • General Liability Insurance
  • Product Liability Insurance
  • Cannabis Auto Insurance
  • Cannabis Workers Compensation Insurance

Providing Cannabis Umbrella Liability Insurance for the cannabis supply chain:

Cultivation – Indoor, Greenhouse & Outdoor
Third-Party Processors & Harvesters
Infused Product Manufacturers
​Laboratories & Testing


Wholesalers & Distributors
Manufacturers of Goods and Equipment​
Dispensaries & Retail Operations
Transportation & Delivery
Landlords

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Do you need Cannabis Umbrella Liability Insurance?

There’s no immediate answer to address how much Cannabis Umbrella Liability Insurance your business might need. You need to consider the following rules of risk management which are:

  1. Don't risk more than you can afford to lose. This is a measure of severity. If the maximum possible loss could not be paid out of your existing finances without necessitating borrowing or if such a loss might lead to bankruptcy then Umbrella insurance must be considered.
  2. Consider the odds. What’s the probability that a loss will occur?
  3. Don't risk a lot for a little. After weighing the cost of insurance compared to the potential out-of-pocket expense. Don't self-insure a loss that could be transferred to the insurance carrier for a known, relatively small amount of premium.

The following are examples of situations where Cannabis Umbrella Liability Insurance can safeguard your business:

  • Accidental slips or falls on your property
  • A carbon monoxide leak in your building
  • Libel, slander, or invasion of privacy
  • If one of your products causes injury or illness
  • If a fire in your building damages other property
  • If your business vehicle is involved in an accident

An Umbrella policy is an inexpensive way to provide protection for the unexpected. It’s another layer of insurance coverage when you need it.

Reach out to me when you’re considering cannabis business insurance. I will discuss with you cannabis umbrella liability insurance, how it works and assess if it fits into your risk management needs. If you determine this coverage is needed I will then provide you with comparative Cannabis Umbrella Liability Insurance quotes from multiple insurance carriers so you can get the best possible rate.
​
As an insurance broker I help cannabis businesses manage risk through insurance.

Request a Quote

Cannabis Casualty Insurance

Cannabis Auto Insurance
Cannabis Delivery Insurance
Cannabis Cyber Liability Insurance
Commercial Umbrella Liability
Cannabis Directors & Officers Liability
Employment Practices Liability Insurance
Cannabis General Liability Insurance
Pollution Liability Insurance
Cannabis Product Liability Insurance
Product Recall Liability Insurance
Cannabis Workers Compensation Insurance

Cannabis Property Insurance

Business Property Insurance
Cannabis Crop Insurance
Cannabis Crime Insurance
Equipment Breakdown Insurance
Cannabis Finished Stock Insurance
Stock Throughput Insurance

Cannabis Industry Sectors

​
Cultivation
Manufacturing & Processing
​
​Laboratory & Testing
Wholesaler & Distribution
​Delivery
Dispensary Insurance
Building Insurance

Resources

Cannabis Articles
Cannabis Insurance Application
Cannabis Insurance Policy Review
Cannabis Security Audit Checklist
Cannabis Insurance By State
​Cannabis Business Resources

Mailing Address

2644 SE 74th Avenue
Portland, OR  97206

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