Risk Management

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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Prepping Your Self-Storage Business for Hurricane Season

May 08, 2019

With hurricane season approaching, it’s time to prep your self-storage property. Having faced the wrath of past storms, the authors share how to protect your facility and communicate with tenants and the community.

Individual Unit-Door Security Technology: The Benefits to Self-Storage Tenants and Operators

May 03, 2019

Your self-storage customers expect their belongings to be safe at your facility, but they also want convenient access to their space. Individual unit-door security offers both benefits. Today’s technology provides you with a competitive advantage...

New Mexico, North Dakota Governors Sign Self-Storage Tenant-Insurance Bills

May 01, 2019

The governors of New Mexico and North Dakota have signed bills that allow self-storage operators to sell tenant insurance. New Mexico Gov. Michelle Lujan Grisham signed Senate Bill 378 (SB 378) on April 3, giving storage operators the opportunity...

West Virginia Legislature Considers Update to Self-Storage Lien Law

Apr 26, 2019

Update 4/26/19 – West Virginia Gov. Jim Justice signed HB 2761 on March 26, overhauling the state’s self-storage lien law. Among the provisions not previously reported are the abilities to charge a late fee of $20 or 20 percent of monthly rent...

UK Self-Storage Association Warns Industry About YouTube Video ‘Homeless’ Scam

Apr 24, 2019

The Self Storage Association of the United Kingdom (SSA-UK) has issued a warning to facility operators about a video scam officials believe could encourage customers to rent units with the intent of living or sleeping in them. The e-mail message...

Kent, WA, Self-Storage Manager Killed After Carjacking

Apr 23, 2019

Update 4/23/19 – Police say Kainth admitted to shooting self-storage manager Jered Sperling before abandoning the stolen vehicle. Though the suspect claimed he shot Sperling with a gun he found in the center console of the pickup truck...

Self-Storage Attorney Scott Zucker Speaks on Ethical Wills at TEDxAtlanta

Apr 15, 2019

Self-storage attorney Scott I. Zucker, a founding partner in law firm Weissmann Zucker Euster Morochnik & Garber, P.C. in Atlanta, was a featured presenter at TEDxAtlanta, a March 15 event in Downtown Atlanta. Held at the Rialto Center for the...

The 3 Biggest Cybercrime Threats in Self-Storage and How to Guard Against Them

Apr 14, 2019

Cybercrime is on the rise and it isn’t just large companies under attack. Learn about the three biggest threats to your self-storage business and how to mount a defense.

Woman Fakes Armed Robbery at Space Shop Self Storage in North Charleston, SC

Apr 11, 2019

A 27-year-old woman was arrested Monday after falsely reporting an armed robbery that was supposed to have taken place at Space Shop Self Storage in North Charleston, S.C. It’s unclear from sources if Hilary Kaye Daniels was an employee of the...

National Self Storage Association Successfully Impacts Changes to New International Building Code

Apr 08, 2019

The national Self Storage Association (SSA) reports that it has positively impacted changes to the 2021 International Building Code (IBC) and how they’ll affect storage facilities. Upcoming modifications include distance to restrooms, maximum...

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