Cannabis and hemp product liability: submission checklist
A retail-agent guide to preparing cannabis and hemp product-liability submissions for cultivation, processing, distribution, dispensary and delivery operations.
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Wholesale appetite: commercial property
Commercial property we place.
Buildings, contents, stock and the income that stops when something goes wrong — including CAT-zone risk. Already appointed? Send us the account. New here? Apply for appointment below.
Commercial property covers physical loss to buildings, contents, stock and improvements — plus the business interruption income that disappears during a rebuild. It's the foundation policy for any business with a physical footprint.
The triggers
we hear most.
The account owns, leases or occupies a commercial building.
Landlords require property cover on tenant improvements; lenders require it on owned buildings; and any business with stock, equipment or fit-out has assets worth protecting. Property is the foundation policy for any business with a physical footprint.
The business stops if the building burns or floods.
Property cover pays to repair or replace the physical asset, but business interruption — written as part of property — pays the lost income while the business can't operate. The two are placed together because a loss usually triggers both.
The account holds inventory, equipment or finished goods of meaningful value.
Stock and contents are valued and underwritten separately from the building. The schedule of values needs to be accurate or the account risks co-insurance penalties at claim time.
It's in a catastrophe-exposed area (coastal, wildfire, quake).
Standard property has stripped out FL, CA and coastal exposures in many markets. We go to the E&S property market for CAT-zone risks — where the cover lives now.
Inside the
policy.
Building and improvements
Cover for the structure (if owned) or tenant improvements (if leased) — replacement cost or actual cash value, with appropriate cause-of-loss form.
Business personal property
Contents, furniture, fixtures, equipment, electronics and stock — scheduled with values that reflect actual replacement cost.
Business interruption
Lost income, ongoing payroll and continuing expenses during the period of restoration after a covered loss — sized to a realistic recovery timeline.
Extra expense and dependent property
The cost of operating from a temporary location, plus contingent BI when a key supplier or customer is the one shut down.
Where buyers
get caught out.
Flood and earthquake (usually)
Standard property excludes flood and earthquake by default. Both need separate placement — through NFIP, private flood markets or DIC forms.
Equipment breakdown
Mechanical and electrical failure of equipment is excluded under property — it sits with equipment breakdown (boiler & machinery) coverage, which we place alongside.
Property in the insured's custody
Customer property or property the insured is working on usually needs inland marine or care, custody & control endorsements — not standard property.
Industries we
place this for.
Real estate & property
Property across multifamily, retail and commercial portfolios — with lender wording matched first time.
See the pageManufacturing
Buildings, plant, stock and finished goods — plus business interruption sized to recovery timeline.
See the pageRestaurants & food service
Property as part of a BOP, with spoilage, equipment breakdown and BI for kitchen-down events.
See the pageCannabis
Building and crop cover for cultivators, dispensaries and processors — placed in specialty markets.
See the pageHealthcare practices
Property and BOP for clinical and dental practices — bundled where it prices well.
See the pageAffordable housing
Dedicated programme pricing for HUD, LIHTC and Section 8 portfolios.
See the page
How we place
this line.
Appetite matched in-house
Every submission gets matched internally against the carrier relationships most likely to write it — not shopped blind into a dozen inboxes.
Every hour risks the client
Suitable accounts move to an underwriter after a licensed broker reviews the match and final file. Carrier response and quote timing depend on the account and market.
Just send the file
No upfront appointment required. Send the file you have and we’ll let you know what it needs next.
More to help place
this account.
Product liability for manufacturers, importers and distributors
Target classes, coverage questions and submission details for manufacturers, importers, distributors and online sellers with product liability exposure.
Read the piece
Product recall insurance for manufacturers and retailers: coverage and submission checklist
How retail agents should prepare a product-recall submission, including recall and GL losses, quality controls, recall plans, declarations and product records.
Read the piece
E&S Placement Stories
See the placement in practice.
Actual accounts, the challenges retail agents brought us, and how Nomos helped place them.
Browse E&S Placement Stories
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