INSURANCE COMPANIES PAYING FOR STOLEN MEDICINAL POT Growers Who Have Homeowners Coverage Reimbursed Up To $500 Per Plant UKIAH (AP) -- Insurance companies are paying growers of medicinal marijuana up to $500 per plant if a thief raids their garden. Medicinal marijuana growers who have homeowners insurance can be reimbursed just as with other stolen medical items, a State Farm spokeswoman told the Ukiah Daily Journal. Though State Farm didn't say how much it pays per stash-napping claim, members of the Ukiah Cannabis Club -- a medicinal marijuana organization -- told the paper that they know of $500 payments. It may be better than nothing, but it might not cover the full value of such plants. A budding marijuana bush of high quality can fetch $4,000 on the street. The idea has not caught fire with all insurers. ``Companies are all over the board on this issue,'' said Aubrey Aquino of the Insurance Information Network of California. She pointed out one inherent difficulty that puzzles insurers: How to tell that the plant was stolen, rather than smoked?
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