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Quickly Locate Hemp Risk 

Know where your hemp risk is so you can take action today 
hemp-grower

Manage an Emerging Risk 

Now that hemp is federally legal and hemp-based products are becoming more popular, cultivation and extraction are more widespread than ever. So are the risks that come with both, including theft, explosion, fire and product liability. Before you bind a policy, you need to know if a property is used to grow, process or store hemp or related products, such as CBD oil. Then, you can make better decisions about underwriting and pricing.

Quickly and easily understand your hemp-related exposure with the BuildingMetrix Hemp Check. You’ll see whether a property you insure or are considering insuring is near a hemp grower or processor so you can make more optimal decisions in less time 

Gauge Multiple Aspects of Hemp-Related Property Risk 

Growing, processing, extracting and storing hemp and related products all create risks that can affect a variety of insurance coverage decisions. 

hemp-fire

Fire and explosion

Common methods for extracting CBD oil from hemp involve highly flammable materials, raising the risk of explosion and fire. 

hemp-theft

Theft

The high value of CBD oil makes facilities where it’stored susceptible to theft and the associated property damage. 

hemp-health

Worker exposure

Processing hemp can release harmful vapors and dust and is usually very loud. Workers may face health and safety risks.  

hemp-liability

Product liability

It’s too soon to know if long-term use of CBD will create health risks, making product liability difficult to estimate and underwrite.   

bmi-hemp-check

Know Your Concentration
of Risk
 

Hemp can affect risks related to multiple coverage lines, so knowing your concentration of risk is especially important. The BuildingMetrix Hemp Check makes it easy to understand how much hemp-related risk you’re carrying and use that information to make better underwriting decisions.  

When you clearly see your risk concentration, you can manage it more effectively in less time. 

Don’t let hemp risk spread unknown in your book. Try the BuildingMetrix Hemp Check today.    

Clearly see your hemp-related risk 

Start making more optimal decisions today
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