--- title: "Commercial property insurance | CARMA" description: "Commercial property insurance can address buildings, tenant improvements, equipment, stock, and business income exposures, subject to the policy and..." canonical: "https://www.carma365.com/cannabis-insurance/commercial-property/" --- Insurance by coverage # Commercial property insurance for cannabis businesses Best for Agents and brokers preparing this type of account Commercial property insurance can address buildings, tenant improvements, equipment, stock, and business income exposures, subject to the policy and account-specific underwriting. The submission should show what is at each location and how the operation protects it. Prepared by [CARMA Insurance](/about/) Reading time 1 min read Content updated August 12, 2026 Carma Insurance LLC [Business entity NPN 21134854](/licensing-disclosures/) Related CARMA expertise [Zimraan Shikari, Director, Underwriting](/experts/zimraan-shikari/) [How we publish guidance](/editorial-standards/) [Start the online application](https://broker-forms-sandbox.pages.dev/application)[Speak with the CARMA team](/contact/) Coverage and availability depend on the account, state, insurer and underwriting review. General information and nonbinding indications do not bind insurance; the applicable binder, policy, endorsements and law govern coverage. Important insurance information This guide is general information and does not determine coverage or legal requirements for your business. Policy terms, exclusions, conditions and available options vary. Contact the appropriate licensed insurance representative about your account, request confirmation of any coverage placed, and review the applicable insurance documents. An application, inquiry or nonbinding indication does not by itself bind or change insurance. Account starting point ## Use this page when the account matches this situation. Agents and brokers preparing a cannabis property submission with buildings, improvements, equipment, stock, or business income exposure. **01 Start here when** The account needs property values and interruption dependencies organized by location, owner, occupancy, construction, and protection. **02 Have ready** Statement of values, leases, building and improvement details, equipment and stock values, protection, utilities, security, losses, and current coverage. **03 What happens next** Use the online application to provide the location and value detail needed for an account-specific property review. [Start the online application](https://broker-forms-sandbox.pages.dev/application)[Speak with the CARMA team](/contact/) Coverage and availability depend on the account, state, insurer and underwriting review. General information and nonbinding indications do not bind insurance; the applicable binder, policy, endorsements and law govern coverage. On this page 5 sections On this page [Map property values to each location](#map-property-values-to-each-location)[Explain how the operation stays running](#explain-how-the-operation-stays-running)[State questions](#state-questions)[Underwriting focus](#underwriting-focus)[What to send CARMA](#what-to-send) ## Map property values to each location Separate building, tenant improvement, equipment, furniture, stock, and business income values by premises. Identify who owns each item and whether a lease or contract assigns responsibility for insuring it. ## Explain how the operation stays running Describe fire protection, security, utilities, environmental controls, maintenance, backup systems, and any supplier or dependent-location exposure that could affect recovery after a covered loss. ## Property questions to resolve before submission - Are building, equipment, stock, and business income values separated by location? - Which utilities or environmental systems are necessary to protect stock and continue operations? - Do the lease and property schedules agree on who insures improvements and equipment? ## What CARMA wants the submission to explain These details help the team understand the account and identify the next useful question. They do not establish eligibility or available terms. - Break out building, improvements, equipment, stock, and business income values by location and owner. - Explain the fire protection, utilities, environmental controls, security, and backup systems at each premises. - Reconcile the statement of values with leases, applications, loss history, and requested coverage. ## Records for a commercial property review - Statement of values with addresses, occupancy, construction, protection, and ownership - Equipment, tenant improvement, stock, and business income values by location - Loss history, leases, security information, and available fire-protection or utility details ## Can CARMA consider this account? CARMA confirms program fit, licensing, state availability, coverage options, and market interest for each account. This guide does not promise eligibility, terms, pricing, or placement. Important insurance and legal information CARMA's website provides general information only. It is not insurance, legal, tax, regulatory, underwriting, safety, risk-management, or claims advice. Nothing on this site is a quote, binder, policy, coverage determination, legal opinion, or promise of eligibility, availability, pricing, terms, limits, or placement. Only an issued policy and its endorsements can provide coverage, and their actual terms, conditions, limitations, and exclusions control. Sending information, following a link, or speaking with CARMA does not bind coverage, change a policy, or create authority to act for an insurer unless an authorized party confirms that authority in writing. Do not rely on this website to report a claim, request a policy change, satisfy a notice requirement, or meet a deadline. Use the instructions in the applicable policy or written communication. Laws, licensing, appetite, carrier participation, and external sources can change, so confirm time-sensitive matters with CARMA, the controlling source, and qualified advisers. [Read the complete website disclaimer](/legal-disclaimer/). [Back to top](#main-content) Continue researching ## Put this subject in the context of the full account. Account-specific review ## Bring CARMA the account. Retail agents, wholesale brokers, and business owners can start with the details they have. [Start the online application](https://broker-forms-sandbox.pages.dev/application)[Start a business insurance conversation](/contact/)