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Commercial Property Insurance

Commercial property covers the physical assets of your cannabis operation — the building or tenant improvements, inventory, fixtures, and equipment — against fire, theft, and other covered perils.

Commercial Property for Cannabis Operations

Cannabis businesses invest heavily in build-out, security infrastructure, specialized equipment, and inventory. Commercial property insurance protects those assets against fire, theft, vandalism, and other covered perils — whether you own the building or lease the space.

What Property Coverage Protects

  • Building or tenant improvements: Your structure, or the expensive build-out you added to a leased space
  • Business personal property: Display cases, safes, security systems, lab and grow equipment, POS systems
  • Inventory and stock: Finished product and supplies, valued per your policy terms
  • Signage and fixtures: Exterior and interior installations

Build-Out Is a Major Exposure

Dispensary and processing build-outs — vaults, secured rooms, HVAC, extraction equipment — often represent hundreds of thousands of dollars in a leased space. Many operators under-insure their tenant improvements. We make sure your build-out is valued correctly so you are not left exposed after a loss.

Inventory Valuation Matters

Because cannabis inventory is high-value and regulated, how it is valued on the policy is critical. Specialty carriers handle finished-stock and inventory limits in ways standard property forms cannot — getting this right protects your most liquid asset.

What's Covered

Building & tenant improvements
Business personal property
Inventory & finished stock
Equipment & fixtures
Fire, theft & vandalism
Signage and exterior

Frequently Asked Questions

I lease my dispensary space — do I still need property insurance?

Yes. Your landlord insures the bare building, but your build-out, security infrastructure, equipment, fixtures, and inventory are yours to protect. Tenant improvement coverage is essential for cannabis leaseholders.

How is cannabis inventory valued on a property policy?

Inventory valuation is a specialized area — limits and basis of valuation differ from standard retail. We place property coverage with markets that understand cannabis stock so your finished product is properly covered.