Insurance


  • 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
  • Surveillance Tapes: Maintenance, Retention and Backup
    Surveillance Tapes: Maintenance, Retention and Backup By Amy Brown In addition to access controls and alarm systems, self-storage owners are increasing their use of video surveillance for added security and protection. Surveillance cameras can ensure the safety of staff and ...More
    June 1, 2004 Amy Brown Posted in Articles
  • After Property or Liability Loss
    When a storm damages the roof of your storage facility or someone is injured on your property, you may be faced with an insurance claim. That is not the time to learn how to file one. Losses can be difficult, but there are steps you can take to speed the claims process and ...More
    May 1, 2004 Amy Brown Posted in Articles
  • The Basics of Tenant Insurance
    Insurance is a safety net. It is a formalized risk-transfer mechanism that relieves selfstorage owners from a certain amount of financial worry over fires, tornadoes, lawsuits, etc. Historically, facility operators have only been concerned with covering their interests in ...More
    April 1, 2004 Chuck Slagle Posted in Articles
  • Lightning Risk
    Lightning is a great threat to self-storage facilities, especially since storage owners are becoming more reliant on electronic communication and security. Losses from lightning strikes can damage a facility’s structure, grounds, computers, security systems, electronic ...More
    April 1, 2004 Amy Brown Posted in Articles