Understanding Today’s Insurance ‘Insanity’ and What Self-Storage Operators Can Do About It

October 10, 2024

1 Min Read
Understanding Today’s Insurance ‘Insanity’ and What Self-Storage Operators Can Do About It

As natural disasters increase in frequency and intensity, things are getting crazy in the insurance market, with some providers withdrawing from high-risk areas and others charging ridiculous premiums. This isn’t just bad for homeowners, it’s dangerous for self-storage operators! But don’t worry. This video will help you understand specialized coverage options and risk-management techniques to fortify your business and avoid financial instability. Speaker Terry Anderson shows you a path forward in “Insurance Insanity! What’s Happening to Your Coverage, Plus Solutions to Offset Costs and Risk.” You’ll learn about the new 831(b) captive insurance programs, tenant insurance and protection plans, and other tools and strategies.

Anderson is CEO and president of Arizona-based Tenant Property Protection, which partners with self-storage operators nationwide to provide protection of tenant goods while maximizing facility revenue. He has 40-plus years of experience in nonprofit, retail and professional services. He’s also a licensed property and casualty insurance agent.

You can purchase this video on its own or as part of several discount packages. It was originally presented as part of the Ownership Track at the 2024 Inside Self-Storage World Expo. For even more information, explore the Operator Essentials Package or the Total Solutions Package, which includes all 42 seminars from this year’s event-education program. Once purchased, the product will be immediately uploaded into your “My On-Demand Library,” so you can start figuring out the insurance insanity right away!

Related:From the 2024 ISS World Expo: Dallas Cothrum Discusses Generational Impact and Self-Storage

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