Insurance


  • Installation: Word of Warning
    In the wake of the fire that took place Feb. 20 at the Station Night Club in W. Warwick, R.I., taking 99 lives and causing injury to nearly 200, I would like to point out some facts related to the event. This tragedy has a direct correlation to the self-storage industry, ...More
    June 1, 2003 Al Costantino Posted in Articles
  • Employee Dishonesty
    Most storage owners would like to think their employees are loyal, trustworthy, honest and dedicated to the self-storage business. Unfortunately, temptation, greed, social issues and financial pressure can put some in a position to potentially betray their employers. Even ...More
    June 1, 2003 Amy Brown Posted in Articles
  • Recognizing and Reducing Slips and Falls
    Self-storage owners should be concerned with recognizing and reducing liability exposures. One of the largest types of claims seen among insurance companies is the ever-popular slip-and-fall injury. Judges are cracking down on storage owners who allow dangerous conditions ...More
    May 1, 2003 Amy Brown Posted in Articles
  • The Dangers of Gate Damage
    Self-storage owners purchase automatic access-control gates to heighten the security of their premises and the safety of their tenants' goods. Customers feel assured about storing their possessions in a gated facility because gates are great devices for deterring potential ...More
    April 1, 2003 Amy Brown Posted in Articles
  • Looming Legal Issues
    When you first get involved in self-storage, there are so many things to think about and so many decisions to make, you may forget all about the legal issues facing you. Presuming you have survived the buying of a facility and the process of obtaining zoning approval; ...More
    March 1, 2003 Jeffrey Greenberger Posted in Articles
  • Why Flood Insurance?
    As the winter snow melts and the spring months deliver frequent rain, floods are one of the most common natural disasters. Flooding occurs when heavy rains pour over dry land or rain falls too fast for the earth to soak up all the water. Flooding also results from ...More
    March 1, 2003 Amy Brown Posted in Articles
  • Specialized Insurance Coverages
    THE SELF-STORAGE INDUSTRY HAS UNDERGONE A SERIES of tremendous changes over the past two decades, evolving from a core group of small, mom-and-pop facilities to a large, powerful organization of professional business people. The rapid growth of the industry has further ...More
    February 1, 2003 Posted in Articles
  • The Importance of Roof Care
    IN PARTS OF THE UNITED STATES THAT EXPERIENCE EXTREME WINTER WINDS, rain and natural disasters, it is not uncommon for storage facilities to experience roof damage. The elements are a common threat to your facility and your customers' stored goods, so it is essential to ...More
    January 1, 2003 Amy Brown Posted in Articles
  • Universal Insurance Facilities Ltd.
    Meet the Team IN THE WORLD OF SELF-STORAGE, MANY OWNERS ASSUME TERRIBLE things only happen to the other guy. But in today's litigious society, recognizing and controlling liability exposures must be a prime concern for every business owner. No one expects to be sued, but ...More
    December 1, 2002 Posted in Articles
  • The Risk of Retaining Tenant Keys
    One of a self-storage manager's worst fears is entering his facility one morning to face an angry tenant waiting at the front desk. The tenant is extremely upset because some electronic equipment he had stored in his unit has disappeared, and he wants to know what happened ...More
    December 1, 2002 Amy Brown Posted in Articles