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.

Parma, OH, Passes New Ordinances Restricting Self-Storage Development

Jan 28, 2021

The Parma, Ohio, City Council has approved two new ordinances that could limit self-storage development in the city. The move comes nearly a year after the council imposed a six-month moratorium that allowed officials to consider how they wished...

When It Comes to Self-Storage Security, Owners, Managers and Tenants All Have a Role to Play

Jan 28, 2021

Self-storage operators rely heavily on their security systems to keep their properties safe, but ownership, managers and even tenants all have a role to play in keeping the site protected. Learn about the responsibilities of each stakeholder.

Augusta, ME, Considers Allowing Self-Storage in 2 New Zoning Districts

Jan 27, 2021

Augusta, Maine, city officials are considering whether to allow new self-storage development in two zoning districts. Though there isn’t yet a proposal for either area, the move would enable vacant retail buildings in the Civic Center District and...

Case Studies of Self-Storage Facility Fires Underscore the Importance of Prevention

Jan 22, 2021

A fire at a self-storage facility can be devastating. Case studies of these disasters at three properties underscore the importance of taking preventive actions as well as having the right insurance coverages in place.

Self-Storage Tenants Charged With Multiple Break-Ins at Bally, PA, Facility

Jan 20, 2021

A self-storage tenant and his wife have been charged with multiple break-ins that occurred last summer at Bally Storage in Bally, Pa., where they rented a unit. Though the couple has yet to be arrested, they became the focus of the investigation...

Blaine, WA, Self-Storage Burglars Arrested Following High-Speed Chase

Jan 18, 2021

Police nabbed a trio of culprits suspected of breaking into 11 units at a Blaine, Wash., self-storage facility last week following a high-speed chase. The pursuit from Pantec Mini Storage ended when the burglars’ vehicle became stuck in mud...

Red Flags: How to Detect and Prevent Employee Theft in Your Self-Storage Operation

Jan 13, 2021

No self-storage owner likes to think his employees will steal from him, but theft and other bad behavior occur every day. Learn the key areas of your operation to monitor closely and other strategies to deter embezzlement.

Man Accused of Burglarizing 32 Units at Budget Mini Storage in Orangeburg, SC

Jan 12, 2021

Willis Earl Hartin, 33, was arrested last week on suspicion of cutting locks and breaking into 32 units at Budget Mini Storage in Orangeburg, S.C. Hartin faces 32 counts of violent second-degree burglary, which each carrying a maximum...

Your Guide to Self-Storage Door Cleanliness, Safety and Maintenance

Jan 12, 2021

Your self-storage unit doors are used by customers regularly. How they look and function is an important part of the tenant experience. Here’s how to keep them clean, fresh and in proper working order, as well as when to replace them.

Police Discover Alleged Burglar in Lamar, MO, Self-Storage Unit

Jan 12, 2021

A man was arrested last week in connection with several break-ins at a Lamar, Mo., self-storage facility after a police officer discovered him inside one of the units. Lamar Police Department Cpl. Toby Luce was patrolling Lamar Mini-Storage on Jan...

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