What Does Cannabis Cargo Insurance Cover?

Our cannabis cargo insurance typically covers loss of products and loss of income. The latter is critical, particularly to cannabis manufacturers.

If something happens when your cannabis product is in transit, you’ll likely lose more than the value of your product- although that can be significant, too.

In insurance terms, harvested cannabis is considered “irreplaceable cargo.” That’s because it takes months to grow, and that’s time you can’t get back. So if an incident occurs while transporting your product, you need to be compensated for the time it took you to cultivate your cannabis.

Manufacturers aren’t the only ones that need cannabis cargo insurance.

Other cannabusinesses like dispensaries may need it too. While dispensary owners often rely on their manufacturer’s or transport company’s insurance, that can easily backfire if these operations don’t have sufficient coverage.

By purchasing your own cannabis cargo insurance, you’ll have more control over the terms. Instead of relying on someone else’s coverage, you’ll be worry-free, knowing you’re protected no matter what happens.