Commercial Auto Insurance for cannabis and hemp operations is increasingly difficult to find from an agent’s perspective and to afford from a business owner’s perspective. Cannasure Insurance Services is proud to offer another comprehensive insurance solution to the cannabis and hemp marketplace to tackle both challenges.
The target classes and typical risks we focus on for this program are:
- Dispensaries
- Cultivators
- Processors/ Manufacturers
APPROVED RADIUS & SIZE CLASSES BUSINESS USE – RETAIL AND COMMERCIAL
- Retail: Autos used for distribution of Industry Property from Dispensaries for home delivery (“B to C”)
- Autos used for transporting Industry Property from one Cannabis/Hemp operation to another (“B to B”)
RADIUS
- Local (Up to 50 miles)
- Intermediate (51-200 miles)
- Long Distance (Over 200 miles)
SIZE CLASS
- Private Passenger Vehicles
- Light Trucks (0-10,000 lbs. GVW)
- Medium Trucks (10,001-20,000 lbs. GVW)
- Heavy Trucks (20,001-45,000 lbs. GVW)
- Extra Heavy Trucks (over 45,000 lbs. GVW)
- Heavy Truck-Tractors (0-45,000 lbs. GVW)
- Extra Heavy Truck-Tractors (over 45,000 lbs. GVW)
- Semi-Trailers
- Trailers
- Service or Utility Trailers (0-2,000 lb. load capacity)
The available coverages of this program include:
- $1M Max Auto Liability Limit; PIP, Medical Payments, UM/UIM (Prefer rejected or state minimum); Physical Damage
- Hired and Non-owned
The submission requierments of this exclusive program include:
ITEMS NEEDED TO QUOTE
- Completed Cannabis & Hemp Supplemental App (National)
- or
- Completed Cannabis & Hemp Supplemental App (Single State)
- ACORD 137 – state specific auto
- Four years of currently valued loss runs for each line currently valued within 90 days
- Required Driver List for both the owned and the HNO drivers (If applicable) – must be in provided excel spreadsheet
- Required Vehicle List for the fleet – must be in provided excel spreadsheet
- MVRs currently valued within 90 days for the fleet drivers and the HNO
Appointed Agents can visit our forms and applications page to access all required documents and submit completed forms.