Estimate the Cost of Your Cannabis Business Insurance

How often do you research a product or service you're seeking, only to be left without the answers you're looking for? One of the most commonly asked questions is "How much will this insurance cost my business?". Cannabis Business Operations

You will hear others in the insurance industry say things like "Well, it really depends on this and that. Please complete this lengthy 15 page application and request a quote." However, you haven't gotten any closer to finding the answers to insurance questions you're researching.

That statement above is certainly true, there are so many variables that impact the cost, coverage, and availability of insurance policies for cannabis operations. This makes it difficult to find a cookie cutter solution for each business. However, we wanted to provide cannabis operators with a tool that can help give you an estimated cost of insurance based on some of the policies and coverage suggested for the industry.

It is important to note, that the rates illustrated in the table below tend to be an above average cost. These rates don't factor in variables including fire protection, location, construction type, deductible options, discounts, etc.. but it can give you a good place to start. We have solutions that can be tailored closer to your budget and can discuss those options by phone if you're interested. Please contact us with any questions or get started by entering in your business information below. 


Our Locations

Traverse City
Spire Insurance Solutions
3183 Logan Valley Rd
Traverse City, MI 49684

Local: (231) 947-1164

Detroit
Spire Insurance Solutions
400 Renaissance Ctr Ste 2600
Detroit, MI 48243-1502

Local: (800) 686-8664