Hemp Business Insurance For Crops & Shops

Protecting your hemp business from seed to sale.

Hemp farming and cannabidiol distribution- commonly known as CB Oil - is booming in Tennessee. Many tobacco farmers are now becoming hemp farmers. It’s an exciting industry to be part of and it’s growing rapidly.


At Burgett, Ross & Associates we aim to provide the best insurance coverage and service to legal operators in the cannabis industry. We understand how difficult it is to find proper coverage and want to help you find exactly what you need to protect your hemp business.

We have insurance products that range from general liability, product liability, building coverage, property coverage, finished stock, crop coverage, equipment breakdown, excess liability.

The 2018 Farm Bill passed by Congress in December 2018 will allow Cannabis Plants to be included as part of the federal crop insurance program. Policies can be written to protect against the loss of crops due to natural disasters, such as hail, drought, and floods. This type of insurance policy for Hemp Farmers will be available for the Spring 2020 season. Please email us now to be contacted once the program goes into effect.

Current Coverages Available For Hemp Farms & CBD Retail

Commercial General Liability


The Commercial General Liability policy has been specifically designed to meet the needs of the cannabis and hemp industry using both ISO (Insurance Services Offices), program specific coverage forms and endorsements.

This policy is available to be purchased as a stand alone policy, or in conjunction with other package coverages including Property, Crop, and Products Liability.

Products Liability & Retail Shops

The products liability and retail policy is available for Retail Stores, Wholesalers, and E-Commerce Trade.


Products Liability Available for the Following Classes:

  • Creams

  • Edibles

  • Liquid Drinks

  • Pet Food

  • Topical Oils

Commercial Crop


The Commercial Crop “Living Plants” policy is specifically designed for the cannabis and hemp cultivation industry, which provides unique coverages that no other program offers today.  This policy covers the perils of theft and fire and is currently offered to indoor cultivation operations.  All seeds, plants, harvested and finished stock must be indoors for coverage to be available.

Coverage Options:

  • Seeds

  • Seedlings

  • Vegetative Plants

  • Flowering Plants

  • Harvested Plants (3rd Party Processors/Harvesters are only eligible for class)

  • Finished Stock


  • Up to $10M per location (no maximum number of locations per policy)


Have A Question About Insurance For You Hemp Business? Please Complete The Below & We’ll Be In Touch.

Name *