Nearest broker: Searching for a broker nearby…
Nearest broker: , Edmonton, AB Phone: 780.755.0110 5020 Lac St Anne Trail N, Onoway, AB, T0E 1V0 Phone: 780.967.2282 , Edmonton, AB Phone: 825.467.5631 206 Pembina Rd, Sherwood Park, AB, T8H 0L8 Phone: 780-732-8616 10060 Jasper Ave, Edmonton, AB, T5J 3R8 Phone: 780-435-3632 , Calgary, AB Phone: 403-532-4882 322 Avenue C S, Saskatoon, SK, S7M 1N4 Phone: 639-398-4170 5317 50 Ave, Taber, AB, T1G 1V3 Phone: 403-223-2377 110a McLeod Ave, Spruce Grove, AB, T7X 2H8 Phone: 780-571-1144 496 Marquis Rd, Prince Albert, SK, S6V 8B3 Phone: 306-970-8080 335 Hwy Avenue N, Picture Butte, AB, T0K 1V0 Phone: 403-732-6023 2201 Box Springs Blvd NW, Medicine Hat, AB, T1C 0C8 Phone: 403-487-5132 550 Wt Hill Blvd S, Lethbridge, AB, T1J 4Z8 Phone: 403-394-1123 734 13 St N, Lethbridge, AB, T1H 2T1 Phone: 403-328-9114 5 St SE, High River, AB Phone: 403-652-4104 9904 103 St, Fort Saskatchewan, AB, T8L 2C9 Phone: 780-998-0881 201-4271 23 Ave NW, Edmonton, AB, T6L 5Z8 Phone: 780-466-2136 3908 97 St NW, Edmonton, AB, T6E 6N2 Phone: 780-465-6900 8170 50 St NW, Edmonton, AB, T6B 1E6 Phone: 780-469-9378 52 Ave, Drayton Valley, AB Phone: 780-621-1707 1331 Macleod Trail SE, Calgary, AB, T2G 0K3 Phone: 403-278-1050 1331 Macleod Trail SE, Calgary, AB, T2G 1E1 Phone: 403-255-2252 234-7 Westwinds Crescent NE, Calgary, AB, T3J 5H2 Phone: 403-775-2100 , Calgary, AB, T3K 0S8 Phone: 403-719-9995 5114 2 St, Boyle, AB, T0A 0M0 Phone: 780-689-3946 50 Ave, Bonnyville, AB Phone: 780-826-3147 12931 20 Ave, , AB, T0K 0E0 Phone: 403-562-2191 2903 Kingsview Blvd SE, Airdrie, AB, T4A 0C4 Phone: 403-945-8885

Legal Marijuana Grow Ops: An Insurance Perspective

By Joanne Lemna | June 9, 2017

With the legalization of marijuana now officially given a date and many legal growing operations having already emerged to provide a supply for medicinal purposes a logical question for interested homeowners and business owners is – how is my insurance affected?

While this area of insurance is changing below you’ll find out how insurance companies are treating legal insurance growing operations currently.

Do insurance companies cover marijuana growing operations?

While it may be perfectly legal to grow marijuana if you have the proper permits that doesn’t mean insurance companies are on the same page. For example this landlord’s insurance was cancelled when he informed his insurance company that his tenant’s were operating a legal growing operation. In fact the tenant wasn’t even required to notify his landlord despite being allowed to grow up to 60 plants. A concerned neighbour’s call brought the landlord out who discovered his tenant’s growing operation. Both the landlord and the insurance company were concerned about the fire hazard. The insurance company also cited a greater likelihood of water damage mould vandalism and burglary – they classified growing operations as a high-risk activity and were not open to covering it. Furthermore illegal growing operationshave caused headachesfor insurers in the past.

However while many traditional home insurance companies aren’t offering insurance coverage for marijuana growing operations that doesn’t mean insurance coverage isn’t available. The insurance industry is currently struggling with how to cover these legal operations. According to theCanadian Underwriter many policies are being placed in speciality markets combined with a personal liability policy – but it’s a challenge for the industry as a whole. Much like the development of coverage for Uber and AirBnB however the industry is sure to develop a strategy and begin offering better and accessible coverage for clients soon.

Aside from the inherent risks with growing marijuana there’s also the problem of growing operations being a business. If you’re operating a business out of your residence (i.e. selling the marijuana produced) your regular home and tenants policy would not automatically cover anything associated with the business operation. As a matter of fact business operations on the premises are usually specifically excluded. That means regardless of the marijuana anything to do with your business wouldn’t be protected unless you have a proper commercial policy in place.

Marijuana Growing Facility Insurance

If you’re operating a legal marijuana growing operation and need insurance contact your broker. They’ll be able to ask the right questions and find the right company to insure you. For example some of the products available include coverage for amarijuana growing facility licensed by Health Canadato cover building equipment stock crops and transport as well as business interruption equipment breakdown and a variety of liability coverages on a customized commercial policy. There are strict requirements for this coverage however including the property having a monitored burglary and fire alarm system electrical inspection a safe and a Health Canada license. The facility is expected to also be in compliance with all of Health Canada’s regulations. Marijuanad ispensar yinsurance is also available.

If you’re operating a legal marijuana growing operation or looking to start as the drug becomes legal be sure totalk to an insurance brokerto make sure your property and investments are protected. They’ll be able to help find you the right policy for you and your business.

Get A Quote From A-WIN

Get the best insurance deals and stay on budget.

Get A Quote

Life Events - It's Time to Reassess Your Insurance

Whether it’s heading off to university or deciding to start your own business,...


Rogers Insurance and CapriCMW merge to become Acera Insurance.

A-WIN Insurance is part of the Rogers Insurance Group.

Click to learn more about how this merger will impact A-WIN Insurance. Our branches will remain independently owned and operated.