Marijuana Landlord Insurance & Property Insurance

Searching for marijuana landlord insurance?  Contact us today!

Marijuana Landlords

Standard insurance companies will not provide insurance coverage to landlords who own buildings that are leased to cannabis facilities and others in the legal medical or adult use marijuana industry.

Because marijuana remains a Schedule I controlled substance that is federally illegal to produce or sell, most traditional insurance companies have declined to write insurance policies for the commercial cannabis industry. This relates to the federal illegality of marijuana itself, and also the increased risk associated with commercial cannabis as a result of such illegality, e.g. increased rate of loss from theft or burglary.

All too often, landlords will lease space to a cultivator, dispensary or infused product manufacturer and then find out that their insurance policy is being cancelled. Upon discovering the cannabis facility, the insurance companies will send a written notification to the landlord that their coverage will be terminated after 30 days to avoid risk.

What Properties Can Be Covered by Marijuana Landlord Insurance?

Over the last few years, we have successfully provided coverage for the following type of structures used within the legal marijuana industry:

• Industrial properties
• Warehouses
• Strip malls
• Office buildings
• Parks
• Shopping centers
• Office condominiums
• Greenhouses
• Property/farm outbuildings

Legal marijuana building insurance is extremely important in this day and age, and you will likely find it to be surprisingly affordable.