Own A Cannabis Operation? Why You Need Cannabis General Liability Insurance
If you own a cannabis business, you owe it to yourself to get general liability insurance. You might not think you need this type of insurance for your cannabis operations, but that's not the case. When you're in the cannabis business, you're at risk for liability claims.
Most of those claims aren't covered by your commercial insurance. That's where general liability insurance comes into the picture. Read the list provided below. Here are four reasons to get general liability insurance for your cannabis operations.
Property Claims
When you run a cannabis operation, you need to worry about property damage. This is especially true with regard to neighboring properties. If your cannabis operations cause damage to someone's property, you could be liable.
If you don't have general liability insurance, any settlement will come from your profits. But, if you have general liability insurance, that's not the case. If you have general liability insurance, your policy will cover those property claims.
Product Claims
When you distribute cannabis products, you need to worry about product claims. You might not realize this, but you could be held liable for product claims. Some of those claims can include contamination, or the use of harmful chemicals.
If you happen to distribute contaminated cannabis, you need general liability insurance. Contaminated cannabis products can cause serious harm to consumers. General liability insurance will cover medical costs associated with contaminated products. But, your insurance will also cover your legal expenses as well.
Worker Claims
When you're in charge of a cannabis operation, you need to focus on worker safety. Your employees might work with heavy machinery, or they could get exposed to chemicals used in daily operations. That's why you need general liability insurance.
You're responsible for the health and safety of your employees while they're at work. Without general liability insurance, you won't have the protection you need for workplace injuries, and your employees won't have protection either. General liability insurance covers medical expenses. It also covers lost wages until your employees can come back to work.
Injury Claims
When you sell cannabis products, you need protection against injury claims. If your cannabis products make someone sick, you could be held liable for medical care and lost wages. The same is true if your products cause injuries to someone. Get general liability insurance for your cannabis operations. That way, you'll have protection against injury lawsuits.
Don't take chances with your cannabis operations. Add general liability insurance to your policies, and get the protection you need.
For more information about cannabis general liability insurance, contact a local insurance provider.
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