Insurance


  • 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
  • Anticipating the Refinance
    The fall marks the season when many people focus on time ahead. The kids are back in school, summer vacations are over, and the days are getting shorter. This is the time when I start the house projects I put off over the summer. Have you ever noticed the first 80 percent ...More
    November 1, 2002 Neal Gussis Posted in Articles, Finance
  • Fire Prevention and Safety
    FIRE PREVENTION WEEK IS HELD EACH YEAR TO COMMEMORATE ONE OF THE WORST FIRES IN AMERICAN HISTORY--the Great Chicago Fire of 1871. According to popular legend, at about 9 p.m. on Sunday, Oct. 8, a cow in a barn behind Katherine O'Leary's cottage at 137 DeKoven St. kicked ...More
    November 1, 2002 Posted in Articles
  • Legal Libations
    YOU'VE DONE THE RESEARCH, POURED OVER THE POPULATION DEMOGRAPHICS, AND THERE IS DEFINITELY A NEED FOR WINE STORAGE IN YOUR AREA. It would make a nice adjunct to your existing facility and entice new customers to view the premises. You have brainstormed a marketing plan and ...More
    October 1, 2002 Elaine Foxwell Posted in Articles
  • Offering Tenant Insurance
    THERE ARE MANY DIFFERENT TYPES OF CRIME THAT CAN AFFECT SELF-STORAGE BUSINESSES: burglary, arson, vandalism, drugs and many more. With the various items tenants store in self-storage facilities, it isn't surprising break-ins and theft are one of the most significant ongoing ...More
    October 1, 2002 Amy Brown Posted in Articles
  • A Complete Rental Package
    AS THE ONSITE MANAGER AT A STORAGE FACILITY, YOUR MAIN GOAL is to rent those units. You should be prepared to lease the units in an orderly, timely fashion. That means having all your paperwork in order and at your fingertips. Following is a list of all the items that ...More
    October 1, 2002 Pamela Alton Posted in Articles