Insurance


  • Business-Interruption
    Every self-storage facility owner should be aware of the need to protect his income against business interruptions. If you should sustain a direct physical loss from a fire or other covered cause of loss, the chances are good you will also suffer an indirect loss of income. ...More
    May 1, 2002 David Wilhite Posted in Articles
  • Insurance Corner
    Floods can happen to any business at any time--you don't have to be located near water to be at risk. Heavy rains or winter-water runoff can cause flood damage, even in areas not normally prone to flooding. But did you know losses due to flooding are excluded from coverage ...More
    April 1, 2002 David Wilhite Posted in Articles
  • Insurance Corner
    Disasters happen. Natural disasters, such as fire, flood, hurricanes, tornados, earthquakes and even volcanic eruptions are a fact of life, and home and business owners have always had to deal with them. That's why, as a responsible self-storage facility owner, you need to ...More
    March 1, 2002 David Wilhite Posted in Articles
  • Contending With a Lawsuit
    In this industry, like many others, it is a possibility you will be sued at some point in time. Lawsuits come in many different varieties in self- storage, but there are several types we see all the time. The first and most obvious is the lawsuit over wrongful sale (the ...More
    March 1, 2002 Jeffrey Greenberger Posted in Articles
  • Insurance Corner
    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, 2002 David Wilhite Posted in Articles
  • Insurance Corner
    In today's litigious society, recognizing and reducing liability exposures should be a prime concern for every self-storage owner. Courts are getting tough on business owners who allow hazardous conditions to exist, and the dollar amounts juries award to injured parties ...More
    January 1, 2002 David Wilhite Posted in Articles
  • Do You Have a Disaster Plan?
    People don't generally enjoy anticipating things that could go awry--in their businesses, their personal lives or otherwise; but nothing demonstrated with greater impact the importance of a disaster plan than recent, tragic events in this country. Although your occupancy ...More
    December 1, 2001 Jeffrey Greenberger Posted in Articles
  • Protecting Your Facility Against Winter Weather
    Winter weather can present severe exposures to your self-storage operation and the systems necessary to keep your facility running. Freezing temperatures, blustery winds, ice, sleet and snow can all cause extensive damage to your buildings and property, especially if you ...More
    December 1, 2001 David Wilhite Posted in Articles
  • Year 2001 Claims in Review
    As we enter a new year, it can be helpful to review the types of claims reported by self-storage facility owners across the country during the past 12 months to help you assess your own risk of loss. As you will see, many of the kinds of claims filed were at least partially ...More
    November 1, 2001 David Wilhite Posted in Articles
  • Hurricane Facts
    Breezing Through Hurricane Season By David Wilhite In any given year, during the months of June through November, an average of three hurricanes will strike the United States. In 1995, hurricanes accounted for more than 100 deaths and caused billions of dollars in damage. ...More
    September 1, 2001 David Wilhite Posted in Articles