Insurance

Insurance is often an overlooked investment. But during the lifetime of your self-storage business, it’s likely you will experience property damage, a liability claim or another type of loss that may create a significant financial impact to your bottom line if you’re not adequately insured. In this article, you’ll find highlights of coverages you should pay special attention to when ...

Much energy and effort is put into self-storage facilities to ensure customers have a great storage experience. From enhanced security and packing materials to online payment options and 24-hour self-serve kiosks, self-storage has come a long way over the years. In addition to these feature-rich amenities, many self-storage operators also offer customers the option to purchase tenant insurance. Understanding this ...

One of the many challenges facing self-storage owners and operators is the ever-present risk of a person being injured on the premises. Because there are numerous ways for people to get hurt, management of this risk can seem daunting. It’s commonly understood that anyone who has control over property open to customers or the public should eliminate, or warn against, ...

Going through an event that leads to an insurance claim can be a traumatic experience. Making a claim and recovering the covered amount from your insurance company shouldn’t be. To alleviate future headaches, here’s a foundation on which you should build your insurance program, and some basic rules for getting through the claims process. There are three critical elements in any ...

Self-storage operators are always looking for better ways to use their valuable space and increase revenue. Many owners with land slated for additional storage units are now considering the boat/RV-storage storage trend. This type of expansion is usually much less expensive than the construction of traditional units, but adding boat and RV storage requires changes to many facets of your ...