As a property manager, overseeing different structures in which cannabis business operate, you have a variety of unique risks. You need to ensure that the tenant and business owner are properly insured in the event the worst happens. It is your job to ensure that the lease is properly negotiated and signed, as well as collect rent and make routine maintenance repairs. Depending on your contract with the property owner, you may even be responsible for insuring the building you manage. You can also be liable if you fail to disclose that you are renting to a cannabis operation, leading to high losses if an accident were to happen.
Talk to one of Cover Cannabis expert representatives and discuss your business needs. We work with a variety of different property managers and can ensure you get the best coverage available. Get a free quote today!