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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Self-Storage Talk Featured Thread: Illuminating the Costs and Benefits of Facility Lighting

Jul 23, 2019

Self-storage owners aim to provide a safe and secure site for their employees, customers and guests, and thorough facility lighting should be part of that goal. Providing all that illumination, however, comes at a cost. Not only is there equipment...

Burglary, Murder Suspect Found Hiding in Longmont, CO, Self-Storage Unit

Jul 22, 2019

Police arrested a murder suspect on Thursday at a Longmont, Colo., self-storage facility. Isaiah Ismael Rios, 29, was found hiding inside a unit at East Point Mini Storage after having fled the scene of a home burglary where an 80-year-old man was...

3 Kittens Freed From U-Haul Self-Storage Unit in Thornton, CO

Jul 19, 2019

Three feral kittens have been freed from a self-storage unit at U-Haul Moving & Storage of The Mile High City in Thornton, Colo., after being trapped for nearly two weeks. One was rescued while the other two eluded capture by animal control...

Grass Fire Destroys 50 Units at Pacheco, CA, Self-Storage Facility

Jul 18, 2019

A fire that ignited Tuesday afternoon in a grassy area behind a Pacheco, Calif., self-storage facility burned about 50 units and sent billowing smoke across nearby highways. The blaze near the junction of Interstate 680 and State Highway 4 started...

New Hampshire Governor Signs Bill Overhauling Self-Storage Lien Law

Jul 18, 2019

New Hampshire Gov. Chris Sununu signed Senate Bill 192 (SB 192) on July 16, overhauling the state’s self-storage lien law. The new law goes into effect on Oct. 10, allowing facility operators to send lien notices via e-mail, conduct lien sales...

Man Found Dead After Self-Storage Unit Fire in Fargo, ND

Jul 16, 2019

Firefighters discovered the body of Jonathan Liles, 58, inside a Fargo, N.D., self-storage unit on Sunday after it was consumed by flames. Crews responded to the fire at M&M Service Center, 1725 1st Ave. N., at 2:39 a.m. and spent...

Man Taken Into Custody After Barricading Himself at Tillamook, OR, Self-Storage Facility

Jul 15, 2019

A hatchet-wielding man in a mental-health crisis was arrested on July 11 after barricading himself in a Tillamook, Ore., self-storage unit. Local police chief Terry Wright was passing Tillamook Mini Storage at 3316 3rd St. at about 7:50 a.m. when...

Protecting Your Facility Perimeter: Fencing and Other Security for Self-Storage Properties

Jul 15, 2019

The most basic security measure you can apply at your self-storage property is perimeter fencing. Learn what goes into a thorough fence system and get tips to maximize its ability to detect, deter and delay incidents.

Heat, Hurricanes and More: Self-Storage Operators Cope With Wacky Weather

Jul 12, 2019

Self-storage operators have faced some nasty weather over the last few years. Whether it’s heat or freezing temperatures, storms or tornadoes, the key to keeping yourself, your facility and your customers safe is preparation.

Birmingham, AL, Officials Approve Moratorium on Self-Storage Development

Jul 10, 2019

Update 7/10/19 – Birmingham, Ala., officials last week approved a six-month ban on new self-storage development within the city limits. The council will also have the option to extend another 90 days, according to a source...