Insurance for Boston Dispensaries
As the 23rd most populous city in the U.S., Boston holds great potential for small business operators. With nearly 700,000 residents, the city has a rich customer base for a cannabis dispensary. However, Boston cannabis dispensaries face many risks, from crime to extreme weather to assorted lawsuits. Dispensary insurance in Boston offers a wide range of protections for cannabis retailers.
The Essential Features of Dispensary Insurance in Boston
Retail cannabis businesses face both common risks and those specifically associated with the cannabis industry. HUB experts will help you gain access to insurance with our partner, Insureon, through an online platform that offers convenience and simplicity. When choosing cannabis dispensary insurance in Boston, the first step is to acquire the essential coverages.
Commercial Property Insurance
Cannabis retailers occupy physical space that has value and can suffer damages in the form of fires, storm events, theft and vandalism and other perils. Adequate insurance enables businesses to rebuild or repair after a covered incident.
General Liability Insurance
If an accident happens on your property, a customer could sue for damages. In the case of personal injuries, the medical costs can quickly add up. General liability insurance provides legal assistance and protection from expenses related to trips, falls and other accidents.
Product Liability Coverage
Cannabis sales come with uncertain exposures to product liability charges. Several unknown factors impact the quality of a product, and customers with grievances often seek damages from the retailer. This type of coverage pays for legal assistance when facing a lawsuit over product.
The Options for Dispensary Insurance in Boston
The goal of any insurance is to reduce business risks, and cannabis dispensaries in Boston may benefit from additional coverages, including:
- Business interruption insurance
- Workers' compensation
- Commercial excess liability
- Commercial auto insurance
- Cyber liability coverage
Get Started Today
Business operators need to ensure they secure cannabis dispensary insurance that covers the range of risk faced by dispensaries. Get started today with an online quote from HUB for general liability, product liability and commercial property insurance for your cannabis dispensary in Boston.