MiniCo Insurance Agency LLC is offering a deductible-waiver option designed to help relieve some of the financial burden on self-storage insureds in the event of a loss caused by hail or wind that causes cosmetic damage to roof coverings. Currently available in Arkansas, Colorado, Kansas, Oklahoma and Texas, the option permits the waiver of the applicable wind and hail property deductible when the named insured and the company mutually agree to choose elastomeric roof coating in place of roof replacement to repair cosmetic damage to roof coverings.
 
Elastomeric roof coating may be a more viable solution in situations where the damage caused by hail does not compromise the structural integrity or functionality of the roofing. Full-scale roof repair and replacement in most cases will require self-storage tenants to be relocated and prevent units from being rented for an extended period of time. MiniCo’s deductible waiver provides an option to avoid these types of disruption while reducing costs for both the insured and the insurance carrier.
 
The deductible-waiver option will be added to most renewal policies and new business policies with locations in eligible states.
 
Phoenix-based MiniCo has provided specialty self-storage insurance programs since 1974.

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