Monarch E&S Offers Medical Marijuana Program in California, Hawaii

March 23, 2010

Monarch E&S Insurance Services has a new medical marijuana program available to California and Hawaii agents.

This program for medical marijuana dispensaries is offering a package, property and general liability coverages, and can include limited theft coverage on stock/inventory.

Property limits up to $2 million are available and the general liability is written on an occurrence form. Medical marijuana growers may fit into this program as well.

The medical marijuana industry is booming in California, with estimates that the state now has 1,000 or more dispensaries.

Source: Monarch E&S

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