Who Is Carma?
Carma (carma365.com) is a specialty insurance program and managing general agency focused exclusively on the cannabis industry. Operating as Carma Cannabis Insurance, it was created to serve businesses that traditional carriers are often unwilling to write. Through relationships with specialty markets, Carma places coverage for dispensaries, delivery operators, cultivators, hydroponics operations, and smoke and tobacco shops. Its motto — “Your risk isn’t standard, neither are we” — reflects a focus on hard-to-place, non-standard risk.
Carma builds tailored programs for cannabis-related businesses, offering lines such as general liability, product liability, crop and property protection, and cyber liability. It distributes through independent agents and brokers, using technology to streamline quoting and binding for a class of business that is otherwise difficult to insure. For an independent agency, Carma provides a dedicated market for clients in the regulated cannabis space who need coverage that mainstream insurers decline.
What They’re Known For
- Cannabis Specialty: Coverage designed specifically for licensed cannabis and hemp businesses.
- Hard-to-Place Risk: A market for non-standard exposures that standard carriers typically avoid.
- Broad Coverage Lines: General liability, product liability, crop and property, and cyber options.
- Agent-Friendly: Distributes through independent agents and brokers with technology-driven quoting.
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Where We Write Carma Insurance
Better Choice Insurance Group offers Carma coverage to clients across our service areas:
- Illinois: St. Charles, Naperville, Chicago, Aurora, Schaumburg
- Texas: San Antonio, Dallas, Houston, Austin, Fort Worth
- Indiana: Indianapolis, Carmel, Fishers
- Minnesota: Minneapolis, St. Paul, Bloomington