Cannabis Insurance
Cannabis Equipment Breakdown Insurance for cannabis businesses
As one of the country’s leading cannabis insurance agencies, GreenCore is well-versed in cannabusiness risk management. As the cannabis industry has grown, manufacturing methods have grown along with it. For example, most companies no longer need to trim plants laboriously by hand. Instead, improved cultivation and extraction methods have made the job easier than ever. Yet this progress is not without risks. Like everything with moving parts, machinery breaks down.
What Does Cannabis Equipment Breakdown Insurance Cover?
Typically, insurance breakdown covers things like:
Electrical, mechanical, and pressure equipment
Computers and communications equipment
Refrigeration and air conditioning systems
Typically, insurance breakdown covers things like:
Your refrigeration equipment loses power.
Your dispensary’s point-of-sale equipment is damaged.
Your extraction machinery malfunctions.
Why Do You Need Cannabis Equipment Breakdown Insurance?
Owning a cannabis business is expensive. Although machinery and equipment can increase production, they can be costly to repair if something goes wrong.
A sudden breakdown could be a minor annoyance or a bigger issue that stops production in its tracks. And you could face expenses beyond just repairing the equipment. For example, there may be property damage as well. Or you may need to replace lost inventory or even loss of income.
GreenCore is the top cannabis insurance agency in all states where cannabis is legal, and we know how vital it is to protect your equipment. We can help you identify your risks and create a specialty insurance policy to meet your unique needs. Contact us today for an equipment breakdown insurance quote.
Contact Us
Office Location
1600 Golf Road, Suite 1200
Rolling Meadows, IL 60008
Office Hours
M-F: 8am - 6pm
Phone
847-201-4600