One of the things I love about insurance is the challenge of addressing anything that can happen to a property or person. Insurance carriers get it all!
With some states legalizing marijuana shops and others banning them, many carriers have revisited this important issue. Homeowners policy typically offer some form of coverage for prescribed medications. If marijuana is legal in your state, will your carrier cover your stash?
They may, up to a limit. If you are prescribed medication by a licensed physician, no matter what that medication is, you may have some coverage if the medication is stolen or destroyed in a disaster like a house fire. Some carriers will reimburse you the cost of medication refills for the medicine you lost.If you have a condition that requires you to take medication on a regular basis, know what your homeowners, renters or condo policy will cover. Others will assign a flat amount. Check your policy or call your agent.