Insurance


  • 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
  • Construction Concerns, Domestic and Abroad
    Self-storage construction is not without its challenges, whether in the United States or the United Kingdom and Europe. In this article, industry experts talk about their experiences in the key areas of site selection, zoning and permitting, materials, conversions vs. ...More
    April 1, 2004 Elaine Foxwell Posted in Articles
  • Reporting Insurance Losses
    Many of us have wondered at one time or another whether we should report a loss to our insurance company. From the slightest fender-bender accident on our property to a customer’s slip and fall, we often hope our insurer won’t find out or the loss will go away on its own. ...More
    April 1, 2004 Jeffrey Duke Posted in Articles
  • Customers’ Goods, Sale and Disposal
    Many people are familiar with the term “underinsured.” You have no doubt read stories about personal loss and tragedy that occur in the aftermath of a wildfire or hurricane. Following such events, many businesses and homeowners are surprised and distressed to learn they do ...More
    April 1, 2004 Scott Lancaster Posted in Articles
  • Limitations on Value and Property
    One lease clause I consistently urge storage owners to include in their leases is a limitation on the type and value of property that can be stored in a unit. There are two distinct concepts in this type of clause. One is a dollar value on the property the tenant agrees to ...More
    March 1, 2004 Jeffrey Greenberger Posted in Articles
  • Unique Self-Storage Coverages
    Insurance is an excellent investment for your business, but it can become costly if you do not do your homework. Your self-storage operation has technical, legal and financial aspects not found in other businesses. Since your storage facility is unique, you will want ...More
    March 1, 2004 Amy Brown Posted in Articles
  • Here Comes the Flood
    As winter snow melts and spring months deliver frequent rain, floods become one of the most common natural disasters experienced by residences and businesses. In addition to excess waterfall created by seasonal changes and weather, drainage-system failure, inadequate dams ...More
    February 1, 2004 Amy Brown Posted in Articles