CBD Insurance Lines

Specialized CBD Insurance Lines

My name is Steve Valencia. I am the Broker and owner of Athena Insurance and Financial Services. I started my agency in 1996. Since that time I have been introduced to many types of insurance lines. (types) Insurance for CBD is a rather “more” recent insurance line being offered initially by only a “handful” of insurance carriers.

Fast-forward to 2025. These days there are more insurance carriers getting into the CBD and related market industry. Each Carrier has different policy coverages and “will vary” from State to State and Business to business.

The process of “risk evaluation” begins with fact finding. Yes, kind of like going to see a doctor for the first time. Remember having to fill out a form prior to seeing a doctor? They require this information prior to and to assist in an “evaluation your health.” In gathing information they may offer potential solutions to protect your health.

Well, it’s very similar for me as a licensed professional. I need to gather facts in order to begin an evaluation. Ok, enough of the technical talk. Lets’ get a view of the ” lines of insurance” we might be able to offer to you if you qualify.

I like to use analogize in “painting a picture” of the various type of insurance you should have. I often use the image of a child’s puzzle to represent the various lines of insurance because, like a puzzle piece, the pieces fit together but “do not overlap.”

Generally, one type of insurance line will “exclude” coverage for another line of insurance. Below is a list of insurance that you should consider for your protection(s). The list is not exhaustive but it is fairly accurate.

GENERAL LIABILITY

General Liability – “in general” this type of insurance provides for protection for Bodily Injury to others, Advertising Injury, Medical and Property Damage. This type of insurnace is sometimes offered as a package with other coverages such as Inventory (Business Personal Property) and other coverages and has exclusions. This can be discussed in more detail at your request.

Most, if not all landlords required “they” be named as an “Additonal Insured” as a condition of you leasing a store front property or building. This is an “endorsement” that is common and usual.

Please keep in mind. In order to provide “you” with a more precise consultation and quote a completed form is highly recommeded and in most cases required.