Insurance


  • 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
  • Risks of False Advertising
    It's the beginning of a new year and the time when storage owners start refreshing their advertising campaigns. Most use some form of advertising to attract new customers and create recognition for their facilities. Whether your advertising is elaborate or subtle, you want ...More
    January 1, 2004 Amy Brown Posted in Articles
  • After The Storm
    Last September, in the wake of Hurricane Isabel, five states were declared federal disaster areas. Hundreds of businesses were damaged, and more than 30 deaths were blamed on the powerful storm. Hurricane Isabel started traditional rounds of severe fall and winter weather. ...More
    December 1, 2003 Amy Brown Posted in Articles
  • Winning Women
    They are business owners, consultants, company presidents and industry experts. Many of them have been working in self-storage for 10 years or more. While there are many wonderful women of note working in the business, for this special feature, ISS chose a few of these ...More
    December 1, 2003 Amy Campbell Posted in Articles