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Deans & Homer Makes Changes to Self-Storage Insurance Offerings

Deans & Homer, a provider of self-storage insurance products and services since 1974, is changing its offerings to keep pace with the evolution of the industry. The company has developed a Web-based application through which self-storage customers can purchase pre-approved insurance for their stored property. Tenants can buy broad protection for their contents on short-term policies with limits as high as $50,000. No license is required for operators to offer this program. 
In a press release, Deans & Homer said it has found increasing interest in its program to insure liability assumed by a storage operator for tenants’ property under the terms of a facility’s rental agreement. At the same time, it has experienced a declining interest from operators in obtaining and maintaining insurance licenses required to offer a pay-with-rent insurance option to customers. Consequently, the company has decided to discontinue its pay-with-rent insurance program and provide additional support to its storage operator’s legal-liability program.
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