Orcutt Insurance Group will help your Colorado marijuana cultivation or processing/harvesting business with all of your insurance needs. As the industry evolves the insurance companies and products available for your business evolves as well. We will work with our partners to find affordable insurance that meets the specific requirements of your cannabis entity. Please contact us to discuss insurance and your marijuana growing operation.
Our agency provides general liability, product liability, excess liability, property, crop, equipment breakdown, workers compensation, hired non-owned auto, and any other insurance product you may need.
As a cultivator your crop can be covered at wholesale cost. The type of insurance available depends on your operations. A few questions that will need to be addressed include:
- Are you growing indoors? Outdoors? In a greenhouse?
- What type of security do you have in place? (fencing, alarms, guards, etc..)
- Do you have a back-up system for electrical supply?
- How many harvests do you have per year?
- Average wholesale value per pound of finished cannabis stock?
There will be additional items captured in an application that we need you to fill out but the above gives you a good idea of what we need to get the quoting process started. Ideally we would like to start working with you a few months before your current insurance policy period ends. If you are a new business we would prefer have the insurance policies ready to go a month or two before you start operations. Please have a copy of your current insurance policy when you contact us to discuss insurance and your business.
Please visit the following pages for additional information on our offerings for the marijuana industry:
- Importance of products and completed operations coverage
- Additional insured on your partners policies
- Cannabis business insurance overview
- Marijuana product manufacturer insurance
- Dispensary insurance coverage
We are looking forward to working with you.
Thank you for the opportunity.
The Orcutt Group Team