Transportation Coverage Tailored to Cannabis-Related Businesses
With over 43 years of experience writing transportation insurance, GMI Insurance, a division of One80 Intermediaries, specializes in transportation coverage tailored to cannabis-related businesses. This is one of the most comprehensive programs available for tansporting cannabis products from cultivators and processors to distributors and retail dispensaries carries risk for all parties.
Cannabis Transport Application
Cannabis Transport Overview
The target classes and typical risks we focus on for this program are:
Targeted Classes
- Cultivators
- Processors & Harvesters
- Manufacturers
- Wholesalers & Distributors
- Retailers
- Dispensaries
- Specialty Transporters
- Courier Services
- Licensed Transportation Services
Acceptable Cargo
- Finished cannabis stock and products containing cannabis and/or its derivatives
- Stock In-Process
- Seeds
- Seedlings
- Vegetative Plants including Mother Plant(s)
- Flowering Plants
- Harvested Cannabis Material
Available to retail agents in the following states: AZ, CA, CO, CT, DE, IL, MA, MD, ME, MI, MO, MT, NM, NJ, NV, NY, OR, RI, WA, VA and VT at this time.
The highlighted features of this exclusive program include:
- Underwritten by an A.M. Best “A-” rated non-admitted carrier
- Start-up / new business risks acceptable with proper experience
- Vehicle stated value up to $200,000 any one unit
- $1M maximum limit for covered cargo vehicle
The available coverages we have to offer for this program are:
Physical Damage
- Non-Owned Trailer Endorsement
- Standard Trailer Interchange Agreement
- Uniform Intermodal Interchange
- Towing, Labor, and Storage CoverageÂ
Motor Truck Cargo
- Refrigeration Breakdown Coverage
- Unattended Covered Vehicle Coverage
- Earned Freight Coverage
- Debris Removal Coverage
- Non-Owned Trailer Endorsement
- Standard Trailer Interchange EndorsementÂ
- Cash in Transit Inclusion Endorsement
- Trailer Interchange Endorsement (UIIA)
- Loss Payable Clause (UIIA)
In order to submit your business with us, please be aware of the following submission requirements:
- GMI Cannabis Transport Application →
- Statement of Value
- Five (5) years of currently valued loss runs