Cannasure Medical Marijuana Insurance for Landlords
Most large insurance firms have the tendency to terminate insurance agreements for people who own buildings that make space available to the Medical Marijuana industry. We know of a number of recognized insurance corporations who dismiss coverage upon learning that the property is renting space to medical marijuana providers.
How would insurance firms find out that I’m leasing space to medical marijuana providers? The majority of insurance companies examine estates that are insured by them. It is at this point that 9 out of 10 medical marijuana providers are revealed by the insurance group.
Upon discovering these providers, they will either:
- Give the property owner a written notification that their coverage will be terminated after 30 days to avoid risk
- Continue the insurance plan and raise the rates significantly to make up for the risk that they may be involved with
These situations can put a strain on property owners and cause them embarrassment. Cannasure can help you avoid this with an all-inclusive, inexpensive insurance plan.
We have the ability to insure all of these kinds of properties:
- Industrial property
- Warehouses
- Strip malls
- Office buildings
- Parks
- Shopping centers
- Office condominiums
Medical marijuana building insurance is extremely important, especially in this day and age. Many people are skeptical of these types of businesses and refuse to provide adequate insurance.
If you want building insurance with marijuana tenant, then you should consider Cannasure. Since we can provide you with competitive rates and exceptional service that will protect you, this will make getting building insurance with marijuana tenants much easier.
Why Do I Need Insurance As A Landlord?
Medical marijuana rental property is usually difficult to insure. Housing laws have strict regulations, especially when it comes to this very controversial drug. Even when it’s used for clinical purposes, there is always suspicion surrounding the whole situation. That’s why it’s so important to get adequate insurance if you are a landlord who’s renting your property.
More and more landlords have been suffering legal damages due to having tenants who grow marijuana on their land. Some of them even have their property taken away from them because of this. Because federal law can get involved in these situations, it is worth it to protect yourself and your property with the right insurance plan.
Some of the mishaps some landlords without proper medical marijuana building insurance suffer include:
- Imprisonment
- Forfeiture of land or property
- Financial risk
- Repeated interrogation and investigation of property
Would you want to be that person that goes without having insurance to back you up and protect you from getting in trouble with the law? Unfortunately, many medical marijuana commercial tenants may be breaking some rules without your knowledge. This can get you in some real trouble. Even in the event that they aren’t transgressing, the medical marijuana industry is usually scrutinized by most people and organizations. This may make dealing with medical marijuana renting property difficult at times.
The entire situation can be made much easier by getting Cannasure medical marijuana building insurance. The great thing about what we provide, is that we won’t leave you stranded once we find out that you have marijuana tenants; we will continue to provide your building with coverage. Many companies back out of these situations due to the high risk factors involved.
In certain cases, where landlords have to avoid being prosecuted by the law due to suspicion surrounding their medical marijuana commercial tenants, it is very helpful to have a reliable insurance plan. Cannasure can deliver dependable, affordable medical marijuana building insurance that will give you the security you need. Landlords worry about not having the protection they need. With Cannasure, there is no need to feel uneasy about legal barriers. We can help you keep your land in the event that the federal government attempts to seize it.
If you are a landlord who owns medical marijuana rental property, your best bet is to get insurance. Because we can offer you exceptional service, you won’t have to worry about getting into legal trouble when it comes to tenants who are dealing with this very highly debatable drug as a medicine.
Save yourself money and trouble and get medical marijuana building insurance for landlords. When considering the high costs of not having this type of coverage, the affordable fees will definitely be worth it.
To discuss your current policy and receive a quote please click here or you may call us directly at 800.420.5757.
