CBD Oil Insurance


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Hemp & CBD business insurance covers liability for both ingestible & topical products. Visit Insurance Canopy for top rated liability insurance today! CBD Product Liability Insurance – Product Liability Insurance for CBD Rated #1 in the US. CBD Product Liability Premiums Start under $2,400 a year.

CBD & Hemp Business Insurance

Protect Your Topical & Ingestible CBD Products
With Hemp Insurance

The CBD and hemp industry is quickly growing to new heights—and your products deserve the highest quality coverage. Insurance Canopy is here to help you navigate insurance requirements and offer customizable product liability insurance for CBD. We are dedicated to safeguarding your products and helping you navigate the risks involved. Our CBD Liability Insurance can cover ingestible & topical products that fall within the legal limits of 0.3% THC.

Apply In Minutes

Submit an application for CBD Insurance in minutes.

Customize Your Coverage

Your CBD insurance policy can be tailored to your product’s needs.

Grow Your Business

Meet, or exceed, industry CBD insurance standards.

Hemp Insurance Or CBD Insurance?

Whether your product is topical or ingestible, hemp or CBD, Insurance Canopy can cover both with one simple policy. We offer general and product liability insurance under the same coverage plan, as well as customizable protection for your tools and equipment, any employees you may hire, and rented properties.

Hemp products contain little to no THC while CBD products do. Our CBD & Hemp Insurance policy can cover products containing 0.3% of THC or less, such as lotions, gummies, oils, and more!

Topical CBD & Hemp Product Insurance

When it comes to protecting your topical products, such as soaps, creams, and balms, you want to be sure your policy can help you in the case of a product liability claim. If your product causes bodily harm to a customer after use, or even stains their property due to a faulty product leaking, you could be held liable for the cost of repairs, medical bills, and more.

Some of the product liability cases our CBD topicals liability insurance may cover you for include:

  • Rashes or burns
  • Discoloration
  • Property damage
  • Defective or mislabeled products

You may be asking yourself, “Do I need to insure my topical products?” We recommend you do. Not only is it great protection for your business, it can also help you meet or exceed any retail requirements.

CBD Product Liability Insurance

The CBD business is a booming industry. With states passing legislation on the legalization of CBD products, in 2018 alone hundreds of new CBD products have come to market. To reach their full sales potential, they many need to appear in retail markets, pharmacies, and be added to web stores. Therefor, In order to do so or be properly protected from claims and suits CBD based companies need to have their CBD products protected. However, the best way to do so is with a CBD Product Liability Insurance policy.

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Castle Rock Capacity Insurance Agency Currently offers Product Liability Insurance for the CBD industry including coverage for:

CBD Vape Liquids
Dietary Supplements & Nutraceuticals with CBD
Hemp Based CBD Foods, Snacks & Gummies
CBD Skincare Products
Oils & Tinctures with CBD
CBD Isolate
CBD Pet Treats & Animal Products
White Label Manufacturers of CBD Products
CBD Lip Balms & Cosmetics
CBD Topical Gels, Creams, Lotions, & Salves
Concentrated CBD Oils
Hemp Oils and Products
CBD Infused Drinks and Drink Mixes
Hair Care Products infused with CBD
CBD Contract Manufacturers
CBD Product Distributors

Is Product Liability Insurance for CBD Products Difficult to Obtain?

Not for us. Product Liability for several products are simple to obtain, however the CBD Hemp insurance market is much smaller and many insurance carriers will not entertain Product Insurance that for cannabinoids. Our list of carriers gives us access to Product Liability Markets many other brokers do not have access to.

Insuring your Cosmetic Products Insurance through us offers you optional benefits such as:

  • Product Liability Coverage for new and start-up businesses
  • Product Liability Coverage for oils, concentrates, skin salves, food products, topicals, and more.
  • Premises Liability for your Retail, Distribution, and Manufacturing facility.
  • Primary insurance limits are available up to $5,000,000, with excess limits up to $20,000,000
  • Blanket Vendors Additional Insured Endorsement Included
  • Waiver of Subrogation Endorsement Available
  • Primary & Non-Contributory Endorsement Available
  • Hired & Non-Owned Auto Insurance
  • Employment Practices Liability Insurance
  • Damage to Rented Premises Insurance
  • Options available for product recall expense coverages

With Sales under $150,000 – General Liability Insurance Premiums may be as low as $1,000.00.
With sales under $1,000,000 Product Liability Insurance Premiums for Hemp Based CBD Products start as low as $2,000.

For Hemp & CBD based Cosmetics & Skincare products, Insurance premiums start under $2,100. click here for more info.

Who Should Have CBD Product Liability Insurance?

Anyone that is responsible for the design, manufacture, sale or distribution of a component or end user product. This applies to any business or individual that manufactures his own product. Even if the product’s manufacturing is subcontracted out to another operation, even if the operation is overseas. Keep in mind that in the event that your operation is not technically manufacturing the product, if you directly import the product, you are liable for it; if you designed the product, you are liable for it; if your name is on the product, you are liable for it.

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What is the average cost of insurance for CBD, Hemp, or Cannabinoid Products?

Although we are typically asked this question, there is typically no “out of the box” price for the cost of insurance for a CBD products, so terms like typical, average, customary, standard, normal do not have any bearing. However, for Hemp Based CBD Products, Premium costs start under $2,400 per year for topical CBD products; and even under $2,500 a year for ingestible CBD products. Several factors come into play with regards to rating, such as; the nature of the product, the annual sales volume, your sales stream, the origin of the product. Also, your sales volume and limit of coverage also come into play. In the same way asking the average cost of a CBD product means little or nothing when looking at an oil or concentrate. Because no 2 products are the same, prices can vary greatly, the same applies to insurance, and the company purchasing it.

So… What Does CBD Product Liability Insurance Cost?

Product liability insurance costs for Cannabinoids are much like any other liability insurance product. So, no real “average” rate is applicable, because they are based on the specific type of product you manufacture, retail or market. Some products that pose very little potential to cause harm or damage. Others that have a higher propensity to be risky, and therefore carry higher premiums. We can tell you this, an entry level policy for a CBD can be as low as a few thousand dollars a year.

How is a Product Liability Insurance Policy Rated for CBD Companies?

A Product Liability Insurance Policy for CBD Companies is rated on several factors.

  • If you are not manufacturing the product, does the manufacturer name you as an additional insured on their policy?
  • What is the product you are insuring.
  • How many of these products will be distributed into the market.
  • What are they used for and who will be using them.
  • How long are they intended to last.
  • Who formulated them.
  • What are the ingredients.
  • Where are they manufactured.
  • Who is manufacturing your product.
  • How clearly defined are the usage instructions, directions and guarantees and or warranties.
  • What claims does the manufacturer or distributor make about the product? Either in writing, demonstration or in media.
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How much CBD Product Liability Insurance do I need for my CBD Company?

The amount of coverage required can vary, important factors to consider when shopping product liability insurance limits are: How much coverage do my vendors require me to have to stock my product? Also, What do I stand to lose if our company is sued? Because claims or allegations against cosmetic manufacturers can be severe or even more likely… FREQUENT. You may want to discuss your insurance requirements with vendors or an attorney before making any decisions.

In addition to product liability insurance for CBD companies, we also offer other coverages. Such as, Property Insurance, Directors & Officers, Workers Compensation, Inland Marine as well as a full suite of additional insurances.

See why we are rated #1 in the country by Big Commerce and Marijuana Business Daily.

Because every company’s offerings and operations are different, underwriting a products liability insurance policy for your product is complicated. If you need a quote for CBD / Hemp Product Liability Insurance Coverage, please complete a product liability quote request . Castle Rock Capacity Insurance Agency currently offers Product Liability Insurance Policy Coverage nationwide. Including but not limited to New York, NY. New Jersey, NJ. California, CA. Massachusetts, MA. Illinois, IL. Florida, FL. Connecticut, CT. Texas, TX. South Carolina, SC. Vermont, VT. Georgia, GA. Colorado, CO. New Mexico, NM. Oregon, OR. Washington, WA. Arizona, AZ. North Carolina, NC. Virginia, Nevada, NV. Colorado, CO. Oklahoma, OK, and Pennsylvania, PA in addition to all other states.

CBD Product Liability Insurance Coverage

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