It’s crucial to have comprehensive insurance coverage for all types of businesses in the cannabis industry, including those in the construction sector. GreenWrap Insurance Solutions serves every phase of the cannabis production process with customized insurance coverage, and our team is well-versed in specific industry needs. Learn how we can provide coverage for your cannabis-related construction business in North America, the Caribbean, Europe, and sectors of Latin America.
Cannabis Construction Industry Coverage
At GreenWrap Insurance Solutions, we’re dedicated to providing comprehensive and personalized insurance options to as many cannabis-related businesses as possible. We follow a seed-to-sale philosophy, which helps us protect businesses at every phase and in every sector of the cannabis industry. Whether you’re a small contracting company or a full-fledged national construction company, the experienced staff at GreenWrap Insurance Solutions will work with you to decide which type of coverage can best protect your livelihood. Common policies we provide to cannabis construction businesses include:
Builders’ Risk Coverage
Builders’ risk coverage is insurance for buildings and other structures while they’re under construction. We offer hard-to-place coverage in areas known for flooding, earthquakes, tornadoes, and hurricanes. This also includes options to cover construction property, such as building materials, foundations, scaffolding, outdoor fixtures, and more.
Property coverage protects both your construction property and tangible onsite assets, including inventory and equipment. We provide coverage for large construction projects, such as office buildings, strip malls, commercial and industrial spaces, and residential buildings. Our coverage protects against damage caused by fire, wind, theft, vandalism, and more, and it can include multiple locations and limits to meet your specific business’s needs.
General liability insurance provides liability protection to businesses in case bodily harm or property damage occurs. Whether you’re the property owner, contractor, or owner of a construction company, it’s important to protect yourself from unnecessary risk. General liability insurance policies usually cover a variety of damages, including faulty workmanship, job-related injury, defamation, and legal defense costs.
Errors & Omissions
Errors & Omissions (E&O) is a type of professional liability insurance that protects you in the event that a client sues for financial damages as a result of your mistakes or failure to deliver a contracted service. At GreenWrap Insurance Solutions, we offer E&O to engineers, architects, and general contractors to keep them protected and covered against lawsuits and damages.
Workers’ compensation provides coverage for contractors and builders if their employees experience bodily injury or disease caused while working. This is crucial to have in the construction industry because employees are at greater risk of getting hurt while on the job. Workers’ compensation covers several costs, including medical expenses, lost wages, recovery, and legal fees.
Our experts have over 20 years of combined experience and will go over the full list of coverage options with you to find the ones most appropriate for your business.
Request a Consultation Today
If you own a construction business involved in the cannabis industry and need comprehensive insurance coverage, depend on the nationally licensed team at GreenWrap Insurance Solutions. Contact us today to request a consultation for insurance coverage tailored to your company in North America, the Caribbean, Europe, or Latin America.