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Risk Management

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From criminal activity to onsite injuries to natural disasters, self-storage operators must predict and and mitigate all manner of business threats. Important aspects to managing risk include understanding legal issues, practicing theft prevention, investing in insurance coverage, and keeping pace with laws that affect the industry.

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Risk Management
- Legal
- Insurance
- Government
- Crime
- Disaster
- Safety

Happening Now

Metal-Over-Metal Re-Roofing: A Quick, Cost-Effective Option for Self-Storage Owners

Dec 05, 2021

Is Self-Storage Inflation-Proof? A Case for Why It Might Be

Dec 04, 2021

Winter Release! New Self-Storage Educational Products on Tap Provide Holiday Cheers

Dec 03, 2021

Heitman Acquires 3-Property All Seasons Self Storage Portfolio in Germany

Dec 03, 2021

Self-Storage Tenants Arrested in Connection With Burglaries in Palm Desert, CA

Dec 03, 2021

Westy Self Storage Sues Port Chester, NY, Over New CubeSmart Project

Dec 03, 2021

Self Storage Management Co. Explores Sale of MiniStorage Southern California Portfolio

Dec 03, 2021

Follow Your Nose: Keep Your Self-Storage Facility Fresh From an Olfactory Point of View

Dec 03, 2021

Newly Released for 2022! Maintenance-Calendar Package

Keep your facility in tip-top shape with detailed calendars outlining tasks by day, week and season, plus a book of expert advice.

Highlights

Self-Storage Tenants Arrested in Connection With Burglaries in Palm Desert, CA

Dec 03, 2021

A couple who rented a self-storage unit at a Life Storage facility in Palm Desert, California, was arrested this week in connection with...

Police K-9 Unit Locates, Arrests Methuen, MA, Self-Storage Burglar

Nov 30, 2021

A police officer and her K-9 partner tracked and found a burglar last week who was hiding at the U-Haul Moving &...

Hampden, MA, Residents Oppose Neighboring Self-Storage Projects

Nov 30, 2021

Update 11/30/21 – Hampden residents continue to strongly oppose a pair of self-storage projects proposed for...

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Forecast for the Self-Storage Insurance Market: Cloudy With a Chance for Rain

Nov 26, 2021

Property owners have been hit with a higher frequency of natural disasters and other catastrophes over the last two years. These events have sent insurance carriers reeling. Here’s what a rush of claims and payouts may mean for your self-storage...

‘Tis the Season of Giving … and Theft? Staying Vigilant to Protect Your Self-Storage Business

Nov 26, 2021

A recent theft at a high-end retailer is a good reminder that the holiday season can bring about more criminal activity. Consider the following advice to keep your self-storage business from being vulnerable.

84-Year-Old Man Dies After Crashing Into Holland, MI, Self-Storage Facility

Nov 23, 2021

An 84-year-old man died after crashing his car last week into a self-storage facility in Holland, Michigan. Authorities believe Glenn Schrotenboer suffered a medical emergency around 8:15 a.m. on Nov. 19 that led to the accident at Holland Self...

OSHA Temporarily Halts Pandemic-Related Requirements for Companies With 100-Plus Employees

Nov 23, 2021

Update 11/23/21 – OSHA has temporarily suspended implementation of the pandemic-related ETS rules that would have begun impacting self-storage companies with 100-plus employees on Dec. 5. The decision came after the 5th U.S. Circuit Court of...

In the Face of Natural Disaster: Preventing Injury and Property Damage at Your Self-Storage Site

Nov 18, 2021

Self-storage facilities aren’t immune to natural disasters. If one occurs at your property, you must prevent injury and damage...

ISS News Desk: Owners of Valley Storage Forge Winning Partnership With Law Enforcement

Nov 17, 2021

Smart self-storage operators seek ways to continuously bolster facility security and build a positive relationship with their...

Beckley, WV, Adds New Regulations for Self-Storage Facility Development

Nov 16, 2021

Update 11/16/21 – The Beckley Common Council passed a new ordinance on Nov. 9 that requires a conditional-use permit for self...

Explosion Ignites RV at Rockrimmon Self Storage in Colorado Springs, CO

Nov 12, 2021

An RV stored at Rockrimmon Self Storage in Colorado Springs, Colorado, became engulfed in flames on Tuesday after an explosion. It’s unclear if the blast emanated from the vehicle or occurred nearby. A woman inside the RV was able to escape...

Mobile, AL, Police Make Arrest in String of Self-Storage Burglaries

Nov 12, 2021

Police arrested a man this week in connection with a string of burglaries at self-storage facilities in Mobile, Alabama. Five units were raided at Airport Schillinger Self Storage and two other storage properties, according to sources...

ID, Please! Getting Identification Before Taking Your Self-Storage Prospect on a Facility Tour

Nov 09, 2021

It’s standard practice to ask a new self-storage tenant for identification. Many facility operators make a copy and attach it to the customer’s file. But what about a prospect who seeks a facility tour? Do you need to see a driver’s license or...

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