FRIDAY, JANUARY 28, 2022
Transporters of cannabis navigate several complex rules and regulations, including state and federal laws. Additionally, cannabis transporters face many risks while moving cargo from one location to another, like all transportation companies. Transportation insurance may help provide financial protection from these exposures. The professionals at Sebrite Agency can assist your business in securing the needed insurance. Contact us for additional information.
What Type of Coverages Are Available?
While it is not possible to foresee every risk that may impact your transportation company’s business, there are several types of insurance policies that can provide protection for various perils, including:
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Liability insurance provides coverage if the driver of your company-owned vehicle is at-fault for an accident. If a lawsuit is filed, this may provide payments for third-party medical bills, third-party property damage, or legal fees.
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Collision insurance may provide coverage for your company-owned vehicle if it collides with an object such as a sign, fence, or another vehicle.
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Comprehensive insurance may provide coverage for damage to your company-owned vehicle caused by events other than collisions, such as fires and vandalism.
Insurance policies can be tailored to meet your business’s needs. Sebrite Agency has the knowledge and experience to provide details on available options, limits and exclusions. Contact us for additional information.
How Much Does Insurance for Cannabis Transporters Cost?
Several factors can play a role in determining the price for cannabis transporters insurance, including the size and number of the vehicles utilized, your business’s claims history, your selected coverages and your deductibles.
Sebrite Agency has the knowledge to work within this specialized industry and can help you secure the proper insurance protection while reviewing the costs of the different options. Contact us today at 800-366-6466 for more information or a quote.
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It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional
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