Programs
Cannabis
Underserved market. Outsized opportunity.
Did you know that the cannabis industry employs over half a million people in the United States?
Even though cannabis businesses are legal in the majority of states, finding quality, affordable guaranteed-cost workers' comp insurance can still be challenging.
Method has been serving this industry – saving many accounts from the pool – since 2019. Our underwriters have years of experience navigating confusing class codes and coverage needs.
Cannabis Program Highlights
- A rated carriers
- Underwriting authority for fast turnaround time
- No minimum premium
- Minimum payroll: $12,500
- Multi-state exposures
- Flexible payment, including monthly payroll reporting
Submit your cannabis account
Not yet under contract? Get appointed
Cannabis Program Details
Method writes cannabis accounts in the following states:
AK, AL, AR, AZ, CA, CT, DC, IA, ID, IL, IN, KS, KY, LA, MI, MN, MO, MS, MT, NC, NE, NH, NM, NV, OK, OR, SC, SD, TN, VT, WI, WV
TARGET CLASS CODES
0035 Grow Operation
2003 Baked goods – Edibles
2163 Cannabis Beverage Mfg.
4511 Testing of potency/purity
4611 Extracts, Oils, Concentrates, Vapes Mfg.
4825 Medicine, Drug or Pharmaceutical Preparation Mfg. & Incidental Mfg. of Ingredients
6504 Food Product Mfg.
8017 Dispensary Operation
8018 Wholesale Operation
8045 Retail Drug Store
Class codes vary by state, so when in doubt, contact us.
EXCLUSIONS
Cannabis Courier Operations
Accounts which have security guards on their payroll.