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.

Arkansas, Utah Update Self-Storage Lien-Law Legislation

Mar 23, 2021

Arkansas and Utah have passed legislation to update their respective self-storage laws and provide more options for advertising lien sales. Industry operators in those states will now be able to promote their auctions in places other than a local...

Safety Is the Priority! How the Inside Self-Storage World Expo Plans to Deliver a Hygienic, Productive Experience

Mar 23, 2021

The Inside Self-Storage World Expo is back this year, July 13-16, with education, networking and exhibits at The Mirage Hotel & Casino in Las Vegas. Learn how we’ll be keeping you safe, including enhanced health and safety standards to protect all...

Illegal Residency Causes Fire at Reading, PA, Self-Storage Facility

Mar 23, 2021

A fire that began inside a Reading, Pa., self-storage unit yesterday morning was likely started by a couple who were living in the space, which is against the law. Fire crews responded at 5:30 a.m. to Route 625 Storage at 824 New Holland Road...

Making the Move to E-Leasing: How My Self-Storage Facility Did It and What We Learned Along the Way

Mar 19, 2021

Moving to paperless leasing is a goal for many self-storage operators, but how do you do it? A manager shares the challenges and triumphs of creating an e-lease system for Encinitas Self Storage in California and the advantages of doing so.

The Language and Provisions You Must Have in Your Self-Storage Rental Agreement for 2021

Mar 16, 2021

A well-written rental agreement is the key to minimizing risk for your self-storage business. If yours hasn’t been updated in some time or doesn’t include the necessary provisions, it isn’t offering sufficient protection. Find out what a good...

CA Governor Reduces State Price-Gouging Order; Self-Storage Restrictions Remain in Most Counties

Mar 10, 2021

California Gov. Gavin Newsom has this month reduced the statewide price-gouging order he issued in January, now limiting its application to emergency and medical supplies, and only through Sept. 4. However, the change doesn’t leave the self...

Body Found in Unit at Roscoe, IL, Self-Storage Facility

Mar 05, 2021

The body of a 33-year-old woman was discovered on Tuesday inside a self-storage unit at a U-Haul facility in Roscoe, Ill. The McHenry County Sheriff’s Office obtained a probable-cause warrant to search the property, where investigators found...

Self-Storage Cyberattack! How to Avoid It and What to Do If Your Business Becomes a Target

Mar 05, 2021

Self-storage facilities, like all other businesses, can be vulnerable to malicious activity by cybercriminals. Learn the biggest threats facing you today, how to ward off an attack and what to do if you’re targeted.

Arrest Made in Connection With Burglary at American Self Storage in Paradise, CA

Mar 02, 2021

Police have arrested a man in connection with a burglary last month involving two units at American Self Storage in Paradise, Calif. Video surveillance aided authorities in identifying the theft at 9100 Skyway, according to the source...

Man Arrested for Burglarizing 40 Units at Millbrae, CA, Self-Storage Facility

Mar 02, 2021

A man suspected of breaking into and stealing $30,000 worth of property from 40 units at Millbrae Station Self Storage in Millbrae, Calif., was arrested last week. The thefts at 210 Adrian Road occurred between Feb. 19 and Feb. 25, according to...

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