We have developed coverage options specifically for the hemp industry.
Crop Coverage
Many traditional crop policies do not provide adequate coverage for hemp, including those rolled out for Florida by USDA and RMA. Alliant has created a program that specifically provides coverage for the major weather perils that force plants to produce unacceptable THC levels.
Farm Premise Liability
There is very limited appetite in the agricultural insurance market to cover hemp farms. Alliant has created a farm premise liability offering specifically for the hemp industry.
Complete the application below and email to greg.winter@alliant.com
Product Liability
Wherever your business falls in the hemp supply chain, you can be held liable for placing a defective product into the hands of consumers. Few insurers understand how the hemp industry operates and the risks involved. Alliant will help you obtain the comprehensive insurance coverage that can best protect your business.
Complete the application below and email to greg.winter@alliant.com
Property
If you have an indoor grow operation, a property policy is where you would get coverage for growing hemp. Alliant makes sure that you get a policy that provide coverage for perils that are specific to your indoor set-up, like power failure and fire.
Complete the application below and email to greg.winter@alliant.com
Business Interruption
Businesses can lose income and other funds when damage occurs. For hemp growers, weather events like excess rain and heat often cause these types of interruptions. Alliant ensures that you have coverage for the loss suffered during the time required to repair or replace the damaged property.
Complete the application below and email to greg.winter@alliant.com
Stock Throughpu
While property policies provide coverage for hemp, claim limits can quickly erode and may not cover your full harvest. Alliant can help you obtain a stock throughput policy that provides coverage for your hemp whether it is in storage, transit, or undergoing processing.
Complete the application below and email to greg.winter@alliant.com
General Liability
The hemp industry is unique in many ways but it also faces some of the same risks as other business. It is critical to have liability coverage for some of the most common occurrences that arise from everyday business activities. Many insurers will not provide this coverage for the hemp industry, but Alliant has built solutions for our hemp clients.
Complete the application below and email to greg.winter@alliant.com
Need help with an insurance coverage not listed above? Have a question about your risk management? Contact us.