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
Topics California Excess Surplus Cannabis
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Insurance Broker Valuations – The Elephant in the Room 
Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K 
Iran’s Grip on Hormuz Is Tighter Than Ever After a Month of War 
Sources: US Treasury to Consult With Insurance Regulators on Private Credit Lenders 
