Insurance


  • Speaking of Sales...
    Self-storage titillates investors’ appetites because there are so many ways to push profits. On one hand, this is a demand-driven business that people need. Study your market correctly, build a nice facility on a good piece of ground, and customers will come to you. Once ...More
    April 1, 2006 Tron Jordheim Posted in Articles
  • HI-Tech Joins OpenTech Partner Program
    HI-Tech Smart Systems Inc. has joined the OpenTech Alliance Partner Program so users of its RentPlus software can take advantage of the INSOMNIAC self-storage kiosk. ...More
    March 23, 2006 Posted in News, Technology
  • Managing Your Operational Risks
    As a self-storage owner or investor, you’ve taken a risk on a growing asset that should generate profit for an unforeseen period of time; and you want to protect that investment from potential loss. This is where risk management becomes an important aspect of your business. ...More
    March 1, 2006 Mike Gong Posted in Articles
  • The Hurricane Chronicles
    During the furious hurricane season of 2005, storage facilities across Florida, Louisiana, Mississippi and Texas sustained serious damage. Few were prepared for the level of destruction, though some had learned from past storms and were better able to handle the turmoil. ...More
    March 1, 2006 Kathleen Hardesty Posted in Articles
  • A Pair of Protective Programs
    We’re well into the first quarter of 2006, and I’m willing to bet that some of your New Year’s resolutions disappeared faster than the holiday leftovers. It happens to all of us—we make big goals to start fresh in January, and then life goes back to its hectic pace. Grand ...More
    March 1, 2006 J.R. Lewinson Posted in Articles
  • Insurance Insights: Key Provisions of Your Rental Agreement
    When you apply for insurance for your self-storage business, the insurer will usually ask for a copy of your current rental agreement. Why is this document part of the underwriting process, and what is the insurance company looking for? Key lease provisions reduce ...More
    March 1, 2006 Scott Lancaster Posted in Articles
  • Speaking of Sales...
    From what I understand, not every storage facility offers tenant insurance, and those that do don’t require it. This makes no sense. As a storage operator, you’re doing tenants a disservice by allowing them to go uninsured.Should there be an unfortunate incident at your ...More
    March 1, 2006 Tron Jordheim Posted in Articles
  • Post-Storm Recovery
    After witnessing the destruction wrought by the hurricanes of 2005, self-storage operators are more aware than ever of their vulnerability to natural disasters. Whether you’re an owner, manager or part-time employee, it’s essential to understand your role and responsibility ...More
    March 1, 2006 Universal Insurance Facilities Ltd. Posted in Articles
  • Best Practices in Tenant Screening
    These days, self-storage operators face countless security challenges, and many have considered the use of tenant screening to prevent criminals from causing dangerous or costly incidents at their sites. The process is beneficial for businesses as well as the communities ...More
    March 1, 2006 Darin Barney and John Hall Posted in Articles
  • Choosing Your Insurance Professional
    Most of us are familiar with the process of buying insurance, having purchased it for our homes or vehicles. But commercial coverage is a horse of a different color. When it comes to protecting your business, how do you choose the right professional to assist with your ...More
    March 1, 2006 Toni Bader Posted in Articles