Markets/Coverages: NIP Expands GrowPro Program to Include Agricultural Property

August 4, 2023

NIP Group announced the nationwide expansion of its GrowPro insurance program.

Originally designed to cater to hydroponic growers, greenhouse operators, nurseries, garden centers, and indoor vertical farm operations, GrowPro now includes coverage for agricultural property.

The GrowPro program offers a comprehensive multi-line insurance package that goes beyond standard products, providing superior coverage and value to businesses in the agricultural sector. Insurance brokers can now serve a wide range of clients, from small hydroponic growers to large-scale greenhouse and indoor vertical farm operations. The program streamlines the insurance placement process, enabling brokers to grow their businesses faster and enhance client retention.

Key Coverages offered by the GrowPro program include:

  • Property Insurance
  • General Liability
  • Product Liability
  • Equipment Breakdown
  • Crop Insurance
  • Pollution Liability
  • Business Interruption
  • Workers’ Compensation
  • Employment Practices Liability
  • Cyber Liability
  • Umbrella Liability

In addition to the above coverages, GrowPro offers specialized options tailored specifically for hydroponic growers, greenhouse operators, and indoor vertical farms, including coverage for specialized equipment, climate control systems, and crop loss due to disease or contamination.

Topics Liability Agribusiness Property

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