Commercial Automobile Insurance
Commercial vehicle insurance for the cannabis industry is available through a national and well known insurance carrier. Most cannabis companies insure company vehicles for the transportation of their product or vehicles used by administrative personnel such as corporate officers or sales people.
The coverages may include:
The liability limits may go up to $2,000,000 with underwriting approval. This coverage is known as a combined single limit providing protection for bodily injury and property damage liability.
Physical damage provides coverage for the vehicle due to a collision or comprehensive claim.