Inside Self-Storage

Tenant Insurance

Tennessee Governor Signs Self-Storage Tenant-Insurance Bills

Tennessee Gov. Bill Haslam recently signed parallel bills (House Bill 0980; Senate Bill 1147) that solidify the ability of self-storage operators to sell tenant insurance to customers. The law goes into effect July 1 and enables operators with a limited-lines license to ...More
6 days ago
Posted in News, Legal Issues, Management
Oregon Governor Signs New Self-Storage Lien Law, Tenant-Insurance Bill

Oregon Gov. John Kitzhaber recently signed an amended version of the state’s self-storage lien law (House Bill 2706) that enables self-storage facility operators to notify tenants about impending lien procedures via e-mail. The legislature has also passed a bill (House Bill ...More
3 weeks ago
Posted in News, Legal Issues, Management
Indiana Governor Signs Bill Allowing Self-Storage Operators to Sell Tenant Insurance

Indiana Governor Mike Pence signed a bill into law on April 24 giving self-storage operators the ability to collect payment for over-the-counter tenant insurance. ...More
April 30, 2013
Posted in News, Legal Issues, Management
State Associations Make Headway With Legislative Updates to Self-Storage Laws

State self-storage associations continued to make legislative gains through the first quarter of 2013, with at least 14 states making progress toward updating self-storage regulations. In most instances where at least one branch of a state’s legislature has recently passed ...More
April 10, 2013
Posted in News, Legal Issues, Management
New Whitepaper Highlights Benefits of Self-Storage Tenant-Protection Plans

In the self-storage industry, a tenant-protection plan is not the same as tenant insurance. Facility operators can learn the difference between the two as well as benefits to a protection plan in a new whitepaper titled, "Tenant-Protection Plan: A Storage Operator's Secret ...More
March 27, 2013
Posted in News, Management
Tenant-Protection Plan: A Storage Operator's Secret to Increase Rent Roll, Profit and Portfolio Value

A tenant-protection plan is not the same as tenant insurance. It takes advantage of the lessor/lessee contractual relationship and modifies the "Release of Liability" provisions found in most self-storage rental agreements. The operator, for an additional monthly fee, ...More
March 22, 2013
Posted in Whitepapers
Storsmart Insurance Hires Riehm as Western Region Sales Director

Storsmart Insurance Co., a provider of tenant insurance for the self-storage industry, hired Ben Riehm as western region sales director. Riehm will focus his efforts on helping self-storage operators improve the tenant-insurance component of their business. ...More
March 4, 2013
Posted in News
What Would You Do? Handling Common Crises in a Self-Storage Operation

Self-storage operators never know when a crisis may hit such as a fire, flood, roof leak or tenant injury. They must be prepared to act when something goes wrong. Inside Self-Storage recently reached out to self-storage operators and insurance experts to learn how they ...More
March 3, 2013
Posted in Articles, Legal Issues, Management
How to Choose a Self-Storage Tenant-Insurance Program That Pays: A Guide for Facility Operators

The economic climate puts pressure on self-storage business owners to seek additional sources of revenue, and a tenant-insurance program can be one of them. But before you choose a program based solely on dollar signs, here are a few important things you would be wise to ...More
January 4, 2013
Posted in Articles, Management
Digital Issue Teaches Self-Storage Operators About Tenant Insurance

To implement and maintain a successful tenant-insurance program, facility operators must choose the right model and partner and educate tenants about the product's value. To provide operators with insight to their options, Inside Self-Storage has released a free digital ...More
November 21, 2012
Posted in News, Management

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