Cannabis Property Manager Insurance in Minnesota
With the exposures you have as a cannabis property manager, you will want to make sure you have the proper insurance in place to protect your business. Sebrite Agency can work with you to find the coverages that fit your needs and budget. Contact us today for more information.
Cannabis Property Manager Coverage Considerations
After considering the different risks they have, cannabis property managers can secure the necessary insurance. Potential coverages may include:
General liability insurance: This may help protect your property management business if you are responsible for a third party’s bodily injury or property damage. It may also include coverage for personal injuries (e.g., defamation) and advertising injuries (e.g., copyright infringement).
Errors and omissions insurance: This form of professional liability insurance may protect your business from financial losses if a mistake is made while you’re performing your professional duties.
Workers’ compensation insurance: This may provide coverage if your business’s employees lose wages or incur medical expenses due to work-related illnesses or injuries. It may also cover legal expenses arising from the work-related innless or injury.
Equipment breakdown insurance: This may provide coverage if equipment such as your air conditioner, transformer, elevators or computer systems need to be repaired or replaced due to unexpected events like power surges.
In addition to the coverage listed above, several other policies might make sense for your operations. The agents at Sebrite Agency can help you review your options and discuss specifics, coverages, exclusions and limits.
How Much Does Cannabis Property Manager Insurance Cost?
The cost of cannabis property manager insurance is affected by several factors. The size, location and claims history of your business, as well as the policy’s deductibles and coverages could play a role in the premium. With several options available, Sebrite Agency can work with you to find a policy that best suits your operations.
Choosing a Plan
As a cannabis property manager, you have many unique risks. The professionals at Sebrite Agency can discuss specific coverages and help you navigate the process of selecting a policy. Give us a call today at 800-366-6466.