Insuring Items in Storage

Know your options for protecting your property!

You may think that successful self-storage means your extra stuff is out of sight, out of mind. But it's just as easy to overlook insuring your prized possessions when they're stored remotely. In most cases, your homeowner's or renter's insurance policy will offer little or no coverage for your possessions when located in a storage unit.  Check with your insurance agent to see if your homeowners/renters or business insurance policy covers your items while in storage.

Self-storage facilities do not  provide coverage for your personal items while in storage and if there is damage that occurs to the storage building itself, any coverage does not extend to your business or personal belongings. But there is a solution.  All Storage Partners locations can provide you with the option of a property protection plan, offered for a minimal monthly fee and combined with your storage rental payment for one easy payment. This small investment translates into some notable benefits:

Benefits:
- Low cost/$0 deductible
- Full replacement cost
- Separate from your personal insurance policy

Storage Partners makes available a low cost property protection option through Tenant Property Protection.  There are no deductibles and coverage limits of $2,500 or $5,000 are available for a monthly fee of $10 or $20.  Loss covers full replacement cost, not the depreciated value that most insurance policies cover.

Any claims are filed directly with Tenant Property Protection rather than your own insurance company.  Therefore, a claim won't affect your current policy or premiums.
 

Want to know more?

Here is an informational pamphlet detailing the type of events that are included and excluded in the  property protection program: CLICK TO VIEW 

If you would like to add this coverage to your existing storage unit rental or want to read the fine print, here are the entire terms: CLICK TO VIEW

Insurance tips for storing a vehicle:

Most items commonly stored are covered under self-storage insurance policies, with one exception: vehicles. Stored vehicles are required to be covered by an auto insurance policy. You will need to provide proof of this coverage when you sign your storage rental lease.



 

Write a review