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Marijuana enthusiasts celebrate April 20 – or 4/20 – as a national holiday each year for cannabis culture. (If you are curious about how the number 420’s association with marijuana came about, check out the second link below).
As so many states (28) and Washington D.C. have now legalized recreational and/or medicinal use of pot, insurers continue to scramble to figure out how to deal with the legalized marijuana industry – made all the more complicated by the fact that marijuana remains illegal in the eyes of the feds.
Do insurers cover marijuana losses? If so, how do they value it? How does it impact home, auto and life insurance coverage? How about health insurance or commercial lines?
InsuranceQuotes.com figured as 4/20 approached this year, it seemed like a good time to take a closer look at the current state of marijuana and insurance. They’ve got a fairly comprehensive look at it in the first link below.
Just curious as to how often clients come to you with questions regarding marijuana use and how it can impact their efforts to get coverage – and whether or not you find it difficult or time-consuming to provide answers? Or has it been around long enough in your state that the questions are easier to answer by now? Any crazy inquiries worth sharing?
Ultimate Guide to Marijuana Use and Insurance
420: How April 20 Became a Pot Day | Time.com
As so many states (28) and Washington D.C. have now legalized recreational and/or medicinal use of pot, insurers continue to scramble to figure out how to deal with the legalized marijuana industry – made all the more complicated by the fact that marijuana remains illegal in the eyes of the feds.
Do insurers cover marijuana losses? If so, how do they value it? How does it impact home, auto and life insurance coverage? How about health insurance or commercial lines?
InsuranceQuotes.com figured as 4/20 approached this year, it seemed like a good time to take a closer look at the current state of marijuana and insurance. They’ve got a fairly comprehensive look at it in the first link below.
Just curious as to how often clients come to you with questions regarding marijuana use and how it can impact their efforts to get coverage – and whether or not you find it difficult or time-consuming to provide answers? Or has it been around long enough in your state that the questions are easier to answer by now? Any crazy inquiries worth sharing?
Ultimate Guide to Marijuana Use and Insurance
420: How April 20 Became a Pot Day | Time.com
