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

Maximizing Land Use in Self-Storage Development: Why Less Is Sometimes More

Jul 09, 2020

What Should You Do About Self-Storage Tenant Delinquency? Critical Considerations During COVID-19

Jul 08, 2020

Self-Storage Real Estate Acquisitions and Sales: July 2020

Jul 08, 2020

It’s Hurricane Season! Is Your Self-Storage Business Prepared?

Jul 08, 2020

Competition Lines Up to Buy Self-Storage Properties

Jul 07, 2020

Self-Storage Talk Featured Thread: Using Online Rental Tools During COVID-19

Jul 07, 2020

Setting Your Self-Storage Marketing Budget: A Data-Driven Approach

Jul 07, 2020

Man Killed in Meth-Lab Fire at Nashville, TN, Self-Storage Facility

Jul 07, 2020

Free Digital Issue! Strategies to Survive and Thrive in COVID-19

Get advice on staff and customer safety, contact-free service options, pandemic legalities, customer service and more!

Highlights

What Should You Do About Self-Storage Tenant Delinquency? Critical Considerations During COVID-19

Jul 08, 2020

Decisions, decisions. These days, it’s more like tough decisions and tougher decisions. Since the beginning of the coronavirus pandemic...

It’s Hurricane Season! Is Your Self-Storage Business Prepared?

Jul 08, 2020

It’s that time. Between June and November is when most hurricanes strike. The best way to avoid injury or damage...

Man Killed in Meth-Lab Fire at Nashville, TN, Self-Storage Facility

Jul 07, 2020

A man was killed late Saturday after what is believed to be a meth-lab operation ignited inside a Nashville...

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Minimum-Wage Increases Now in Effect in Several States, Local Jurisdictions

Jul 02, 2020

Minimum-wage rate increases were scheduled to go into effect yesterday in several state and local jurisdictions. Impacted states include Illinois, Nevada and parts of Oregon, while major cities include Chicago, Los Angeles, Minneapolis, San...

8 Suspects Face 54 Charges Connected to Ohio Self-Storage Break-Ins

Jul 01, 2020

Seven men and a woman face 54 criminal charges in connection with a string of self-storage unit burglaries in Ohio. The three-month investigation involved multiple storage properties in Dover, New Philadelphia and Strasburg as well as...

Is Your Self-Storage Business Struggling Due to COVID-19? Here Are 4 Stabilizing Solutions

Jul 01, 2020

The full impact of the coronavirus pandemic on the self-storage industry is yet to be concluded, but that shouldn’t stop owners who are struggling or worried about their financial future from doing what they can to help their business. Here are...

New Self-Storage Lien Laws Go Into Effect July 1 in Idaho, Mississippi, Tennessee

Jun 29, 2020

Update 6/30/20 – Idaho and Mississippi have also passed legislation that will update their respective self-storage lien laws on July 1. Both measures include language that bring them in line with other recent updates across the nation that address...

Battling COVID-19 Fatigue: It’s Time for Self-Storage Operators to Rearm

Jun 26, 2020

While we’re all suffering from COVID-19 fatigue, now’s not the time to relax. Self-storage operators need to arm themselves...

8 Specialty Insurance Coverages to Consider for Your Self-Storage Business

Jun 25, 2020

When it comes to insuring their properties, many self-storage owners purchase the basics, believing it covers them for any risk...

Self-Storage Owner Runs for Maine Congressional Seat

Jun 25, 2020

Dale Crafts, owner of two Crafts Self Storage locations in Lisbon Falls and Topsham, Maine, is running for a U.S. House of...

Get Tips for Managing Self-Storage During COVID-19 From Owner and Author Mark Helm

Jun 24, 2020

You’re probably sick of hearing about how self-storage operation has changed since the coronavirus pandemic (sorry for the horrible pun), but it’s true: Managing a facility is different now and may be for a long time to come. Perhaps forever! If...

StorageAuctions.com Announces 'Timeline Guarantee' for Online Lien Sales

Jun 24, 2020

StorageAuctions.com, a provider of online self-storage auction services, has announced its new “Timeline Guarantee,” a free service that helps facility operators navigate the online lien-sale process. The company’s platform is now optimized to...

Self-Storage Talk Featured Thread: Have You Changed Your Payment Policies in Response to COVID-19?

Jun 23, 2020

Self-storage operators have pivoted in recent months to reorganize operational practices around the coronavirus pandemic. One area in which they’ve had to adjust is how they handle rental payments, particularly cards and cash. Many facilities have...

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