(800) 869-8643

admin@hayesbrokers.com

The Future of Insurance for Vaping

The Future of Insurance for Vaping

Vaping has increased in popularity over the years due to its attractiveness as an alternative for smokers and an alternative vehicle for cannabis consumption. However, recent events in the news have both consumers and suppliers on edge.  In The News Deaths due to alleged vaping-related illnesses are popping up all over the country. These deaths are being attributed to everything from the flavored oils being used to a chemical used in cheap vape pens. Still others blame black-market cartridges containing THC. These incidents spurred some legislators on state levels and the national level to introduce bills calling for banning of vaping and e-cigarettes in whole or in part. Not Illegal Yet As of now, vaping and e-cigarettes are still legal and may be sold by businesses and used by individuals. That may not change anytime soon. What may change? The age at which consumers may purchase and use these products, how the products are made, and how they may be used.  How Will Your Insurance Be Affected? If you own a cannabis business or smoke shop that deals with vaping pens and/or e-cigarettes, there is no cause for alarm just yet. As long as these products remain legal and your business is selling legal products within the confines of the law, your insurance will not be affected. To be certain your coverage isn’t affected, be sure that you know where all of your stock comes from. Always use reputable vendors, and don’t stock products that might have shady origins. One thing to consider, if you don’t have it already, is products liability insurance. It is important to note that...