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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.

4 Charged in Theft of Plymouth, NH, Self-Storage Facility
Apr 21, 2021
Four people have been charged in connection with a 2020 break-in at a self-storage facility in Plymouth, N.H. The theft of Security Storage occurred last May. Items taken from the property at 265 Yeaton Road include bicycles, kayaks, Coach...
Worcester, MA, to Limit Self-Storage Development
Apr 19, 2021
The Worcester, Mass., City Council approved a zoning amendment last week that’ll limit new self-storage development in the city. The new code puts self-storage in its own use category and prohibits it in manufacturing zones. The 8-3 vote came...
Arson Suspected in Fire at Monster Self Storage in Evans, GA
Apr 16, 2021
Investigators believe a fire that started inside a tenant’s unit at Monster Self Storage in Evans, Ga., on Monday morning was set deliberately. First responders found clues that pointed to arson as the cause, according to the source...
Stowaway Self Storage in Gray, TN, Hit in 3-Car Collision
Apr 13, 2021
The rental kiosk at Stowaway Self Storage in Gray, Tenn., was damaged on Sunday evening when three cars crashed in the parking lot just outside the facility entrance at 119 Stowaway Court. Washington County Deputies were called to the scene at...
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