Insurance


  • Insurance Risks and Real Estate
    You’ve decided to purchase a self-storage facility and you need to buy insurance. Many buyers want to know how much to put in their pro formas for this coverage. While there is no black-and-white answer, there are factors that contribute to the insurance premium. Knowing ...More
    February 1, 2005 Amy Brown Posted in Articles
  • Workers’ Compensation
    Workers’ compensation is designed to ensure that employees injured or disabled while on the job are properly compensated, negating the need for related lawsuits. It also provides benefits for dependents of workers killed by work-related accidents or illness. Some laws also ...More
    January 1, 2005 Amy Brown Posted in Articles
  • Health Savings Accounts
    This article is intended for smaller self-storage operators as well as managers who purchase their own health insurance or who, for economic reasons, have insurance with high deductibles. For the rest of you, tune in to this column in February for something more relevant ...More
    December 1, 2004 Jeffrey Greenberger Posted in Articles
  • Sale-and-Disposal Legal Liability
    Your Tenant stops paying rent on his self-storage unit. You have gone through the legal process of eviction, and now it is time to reclaim your space. You know that whatever the renter leaves behind may be removed and discarded, but only through strict statutory methods. ...More
    December 1, 2004 Amy Brown Posted in Articles
  • What's Up With Permanent Financing?
    “Unbelievable” is the only word to describe continued financing opportunities for self-storage and most other commercial-property types. To illustrate, the following chart shows a sample of long- and short-term index rates over the last 10 years. Today’s rates are still ...More
    November 1, 2004 David Smyle Posted in Articles, Finance
  • Employee Credit-Card Fraud
    Incidents of credit-card fraud and identity theft have risen dramatically in recent years. With increased use of e-commerce and technology in business, it has become easy for thieves to steal and misuse credit-card numbers. The dangers do not always come from outside a ...More
    November 1, 2004 Amy Brown Posted in Articles, Finance
  • Trees and Potential Property Damage
    Trees and Potential Property Damage By Amy Brown Trees and shrubs contribute to property value by enhancing appearance, reducing noise, cutting energy costs and blocking unsightly views. Unfortunately, trees meant to be part of a facility’s permanent landscape are often ...More
    October 1, 2004 Amy Brown Posted in Articles
  • Facts on Builder’s Risk
    Facts on Builder’s Risk By Amy Brown When constructing a new facility or expanding a current one, it is critical to include insurance in the planning of the project. Construction sites involve unique risks that may not be included in a standard business-insurance policy. It ...More
    September 1, 2004 Amy Brown Posted in Articles
  • Inside Self-Storage Magazine 07/2004: Maintenance Q & A
    Maintenance Q & A By Amy Brown Preventive maintenance and repair to your storage facility is essential to preserve and enhance the value of your property and reduce your potential for liability claims. Let’s look at some commonly asked questions about self-storage ...More
    July 1, 2004 Amy Brown Posted in Articles
  • What Are You Offering?
    Issues of Truck Rental By Jeffrey Greenberger Many self-storage operators offer the use of a truck at move-in as an incentive to prospective tenants. There are certain pitfalls and issues of which owners should be aware before deciding to offer this service. This column ...More
    June 1, 2004 Jeffrey Greenberger Posted in Articles