Your general liability insurance
will cover the costs of damages that you face.
This can also include lawsuits if someone injures themselves within your
premises due to your fault. This can
include cases like slips on wet floors or trips on broken stairways.
When you speak to a dispensary insurance agent,
you will be able to find out about the other types of insurance coverages that
are available for you. Product liability
insurance is offered to protect you against lawsuits and claims that relate to
injury and damage caused by products you are selling. For example, if you are selling marijuana
edibles and someone suffers an unexpected reaction and injury, then you will be
held liable for the damages caused and you will have to bear the medical
expenses as well. The costs of legal
fees and getting the case sorted out in court can get extremely high, whether
the case is legitimate or not. This is
the reason it is very important to have a product liability insurance in place
so you can defend the lawsuit.
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