Grow and Cultivation Facility Online Premium Calculator
Need to get a rough idea of insurance premium is made easier with our online insurance premium calculator. The online calculator can approximate your insurance cost on an annual basis for a cannabis grow or cultivation location. The calculator does not include taxes or fees charged by the insurance carrier.
Types of Coverages Included
The estimate includes general liability with optional coverages for business property, equipment, loss of income, or cannabis. Most insurance policies include a minimum of $1,000,000 per occurrence and $2,000,000 per aggregate for liability. Crop insurance is a separate policy and may be quoted here.
Information Needed to Estimate your Insurance Price
- Square feet of your business location. Example: 10,000
- The amount of coverage for business personal property or grow equipment. Example: $250,000
- The amount of cannabis coverage at the grow. This is not crop or live plant coverage, but product ready to enter the marketplace. Example: $100,000
- The amount of business income and extra expense. Similar to disability insurance when a business is unable to operate. Example: $250,000
DISCLAIMER: Insurance Price Calculator is for information only and non-binding between user and owner. No expressed or implied contract is being formed. User acknowledges the act of buying insurance requires the completion of an application, underwriting, and consideration.