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February 2020

Commercial Property Insurance

Commercial property insurance is a key coverage for business owners, especially when running a home-based business. That’s because it provides more coverage than homeowners insurance. This type of commercial insurance helps protect your business and its physical assets. It can pay your repair or replacement costs if your business property gets damaged or destroyed from a fire, theft or other covered loss.

Professional Insurance for Cannabis Sector

The legal cannabis industry is one of the fastest-growing sectors in the United States. Already worth over $10 billion in annual sales, the economic impact of cannabis could reach as high as $77 billion by 2022, according to Business Insider.

As the industry grows, so has its insurance risks. Understandably, cannabis operations’ first insurance priorities are property and general liability (GL)/products liability; while less apparent, financial risks commonly covered under professional lines programs need to be addressed, as well. Growers, manufacturers, and dispensaries, as well as other entities along the distribution chain, need to assess four key areas of professional line coverage to ensure that they have a complete portfolio of protection. That’s how Paperless Insurance can help.

Read More »Professional Insurance for Cannabis Sector