Landlords warned to examine insurance policies as residential cannibis farming increases Significant Auto Insurance

March 23rd, 2011 by Mikayla Barney

Landlords warned to examine insurance policies as residential cannibis farming increases

As the level of residential cannibis farming rises, Aviva is warning landlords to be extra vigilant.

There has been a 30 per cent year-on-year increase in claims relating to cannibis farming, according to a report from the insurer, which is consistent with a Home Office report that reveals there was an increase of 18 per cent in the number of cannibis plants seized in 2009/10 compared with 2008/9.

Matthew Gordon, underwriting manager, property owners, at Aviva said: “Despite the upgrade of cannabis to a class B drug two years ago the industry continues to grow. Cannabis farming comes with serious risks for landlords, properties can be completely ruined inside to make space for plants, water damage can occur and fire poses a risk due to interference with electrics or strong lighting left on for a long time.”

Aviva urges landlords to ensure they have the right level of insurance in place as a standard home insurance policy may not be adequate.

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