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7 year(s) agoby Adam Koch, The Koch Insurance Group - Spring, TX 77380

Ask Your Peers CBD Oil Retail Shops

Adam Koch, The Koch Insurance Group - Spring, TX 77380

Reputation: 261 - Total posts: 14

I am running in to more and more of the CBD oil shops or businesses that are adding the oils to their inventory. Most of these are projecting low sales for year 1 so I am looking for a lower minimum premium program out there. Anyone have a program?

7 year(s) ago

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Aimey Bryan, Bryan Insurance Agency LLC - New Windsor, NY 12553

Reputation: 16 - Total posts: 2

You can get a low premium but not with products. We just did one but they had to add products because they are looking to add products like edibles in the next year. Most companies are still navigating this market and want to put the CBD oil into the marijuana group even though the oil has less than 0.2% THC.

7 year(s) ago

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Matthew Gehrman, CityScape Insurance LLC - Mesa, AZ 85210

Reputation: 1479 - Total posts: 200

Hi Adam,

Touch base with Allen Shiu over at ck Specialty, or Cameron Allen over at Veracity. Both of them have excellent programs for smoke shops and cbd/medical marijuana risks. Good Luck!

Allen Shiu
[email protected]
t: 415.999.0207

Cameron Allen

[email protected]
801-815-0738 (Cell)

7 year(s) ago

1 Verified Reviews - 5 of 5.0

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Adam Koch, The Koch Insurance Group - Spring, TX 77380

Reputation: 261 - Total posts: 14

Thanks Matthew, We will reach out.
</br>
</br>Aimey, Thank you for the reply and I agree, it's tough. As Matthew point out above, Veracity has a $2,500 min premium program but I don't know much more . I'm sure there are other Carriers/MGAs that have put something together for the small guys., it's just hard to find for an emerging market sometimes.

7 year(s) ago

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Matthew Gehrman, CityScape Insurance LLC - Mesa, AZ 85210

Reputation: 1479 - Total posts: 200

You may want to also check out PPIB and Starstone National and see what options they have.

7 year(s) ago

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Aimey Bryan, Bryan Insurance Agency LLC - New Windsor, NY 12553

Reputation: 16 - Total posts: 2

With products we have a quote from ARS with Kinsdale for $5k. I think RPS (another MGA) gave us a quote for $1200 without products

7 year(s) ago

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Cameron S. Allen, Veracity Insurance Solutions, LLC - Cedar Hills, UT 84062

Reputation: 241 - Total posts: 35

Adam,

I can certainly help. MP is $2,500. Please let me know how I can help.

Thanks,

Cameron
[email protected]
801-216-8253

7 year(s) ago

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Allen Shiu, Ck Specialty Insurance Associates, Inc. - San Francisco, CA 94108

Reputation: 386 - Total posts: 45

Thank you Matthew! We offer MP of $750 for prem ops. Ck Specialty placed the first Cannabis Insurance Policy in 2002. Since then we have developed extensive relationships and expertise that is unmatched in this growing segment. Here is my phone number 415-999-0207. You can also send me your submissions to [email protected].

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7 year(s) ago

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Ask Your Peers CBD Oil Retail Shops

[email protected] 801-815-0738 (Cell)

Attached files

[email protected]
801-815-0738 (Cell)