CBD & Hemp Store Insurance Coverage Checklist
The coverages a cbd & hemp store business may carry — core, prevalent, and situational — why each matters, and the gap most often missed.
Pull out your current policy and check the box next to any coverage you can confirm is already in place — anything unchecked is worth a quick conversation with your advisor. Coverage checklist for CBD and hemp-derived product stores and online sellers. Priorities reflect typical exposure for this class; confirm against your actual products and state laws.
Tick each coverage you can confirm you carry — anything left unticked is a good question for your next policy review.
| Have it? | Coverage | Why this business needs it | Priority |
|---|---|---|---|
| General Liability (incl. Products) | Covers injuries and illness from products you sell — confirm hemp and THC are not excluded. | Core | |
| Business Property / Inventory | Covers inventory, fixtures, and build-out. | Core | |
| Workers' Compensation / Employer's Liability | Covers staff. | Core | |
| Crime / Theft | Covers burglary, robbery, and employee theft of inventory and cash. | Prevalent | |
| Product Recall | Covers pulling products after a failed test or regulatory action. | Prevalent | |
| Vendor / Supplier Additional Insured | Puts you on your suppliers' products policies. | Prevalent | |
| Cyber / Privacy Liability | Covers customer and age-verification data from online sales. | Situational | |
| Business Income | Replaces income after a fire or forced closure. | Prevalent | |
| Umbrella / Excess Liability | Adds limits for serious product claims. | Situational | |
| Regulatory Defense | Covers responding to FDA, FTC, and state actions where available. | Situational |
The coverage gap most often missed
The gap most often missed by CBD and hemp stores is the THC exclusion. Many retail policies exclude cannabis, hemp, or intoxicating products, so a child who eats a delta-8 gummy or a customer who fails a drug test may not be covered — and regulators are focused on these products, as FDA and FTC letters to CBD stores show. Confirm your products coverage names hemp-derived THC, require suppliers to name you on their policies, and check ID on every THC sale.
Send us the checklist and we'll review your cbd & hemp store coverage line by line, then market it across multiple carriers that compete for your account.
Related: CBD & Hemp Store Insurance · CBD & Hemp Store Supplemental (apply) · All coverage checklists
Frequently asked questions
What insurance does a cbd & hemp store business need?
The core coverages for a cbd & hemp store business are General Liability (incl. Products), Business Property / Inventory, Workers' Compensation / Employer's Liability. This checklist also lists the prevalent and situational coverages worth considering, with a plain-English note on why each matters.
Is this checklist insurance advice?
No. It is a free educational tool to help you have a more informed conversation with a licensed professional. It affords no coverage and is not insurance, legal, or financial advice — only your actual policy language governs what is and isn't covered.
Can Cory Washington & Co. review my cbd & hemp store coverage?
Yes. Share your checklist and we'll review your program line by line, market your account across multiple carriers, and explain the trade-offs in plain English. Cory Washington & Co. LLC is licensed in all 50 states.
This checklist is a free educational tool from Cory Washington & Co. to help you review your own coverage and have a more informed conversation with a licensed insurance professional. It is general information only — not insurance, legal, or financial advice, and not a recommendation to buy, change, or cancel any policy. Coverage terms, availability, limits, and requirements vary by policy, carrier, and state, and only the language in your actual policy governs what is and isn’t covered. Checking or leaving blank any item above does not indicate that you are adequately insured or under-insured. Using this checklist does not create a client, agency, or fiduciary relationship. Always consult a licensed professional about your specific situation.