Why Choose Workers' Comp for Cannabis Businesses?
Workers' compensation insurance is essential for protecting your employees and meeting state legal requirements. It provides coverage for:
Employee Injuries and Illnesses
Covers medical bills, rehabilitation, and lost wages.
Legal Compliance
Keeps your business in line with state workers' compensation laws.
Employer Liability
Protects against employee lawsuits related to workplace injuries.
Advanced Coverage Options for Safety-Conscious Operators
Looking for innovative ways to manage costs? Explore our advanced solutions:
Self-Insured Groups (SIGs)
Share risks and reduce premiums with a group of like-minded cannabis businesses.
Captives
Take control of your insurance costs by creating a captive tailored to your business needs.
How Are Premiums Calculated?
Workers’ compensation premiums are based on:
Payroll
The size of your workforce and total payroll.
Job Classification
Risk levels associated with employee roles.
Claims History
Your business’s safety record.
Implementing workplace safety programs can help lower your premiums over time.
Comprehensive Coverage for Every Cannabis Business
We work with all types of cannabis businesses, including:
Dispensaries
Cultivators
Distributors and Transporters
Laboratories
Manufacturers
Additional Insurance Options to Protect Your Business
Expand your risk management plan with these essential policies:
- General Liability Insurance
- Commercial Auto Insurance
- Property Insurance
- Product Liability Insurance
- Crop Insurance
- Workers Compensation
- Cyber Liability Insurance
- Professional Liability Insurance
- Directors and Officers (D&O) Insurance
- Cargo and Transit Insurance
- Umbrella Insurance
Ready to Protect Your Business?
Take the next step toward safeguarding your employees and ensuring compliance.