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.
Most self-storage operators have policies about when and how they accept certain kinds of payments including cash, checks and credit cards. However, if those rules aren’t clear in the rental agreement, enforcement of them could seem discriminatory...
A 30-year-old woman was arrested on Sunday after allegedly ramming her car into a self-storage tenant’s vehicle at Murphy Street Mini Storage in Missoula, Mont. The incident occurred around 3:30 a.m. An unidentified man called police...
A 19-year-old construction worker fell to his death last Thursday while working on the roof of a CubeSmart self-storage facility in Baltimore. Cesar Ismael Villalobos Lima tried to use his foot to stop a large cart from rolling off the roof, but...
Your risk-management efforts can mitigate incidents of property damage or bodily injury at your self-storage facility. However, there may be a time when you need to file an insurance claim. Here are three things your adjusters want you to know...
The Superior Court of Pennsylvania has upheld a lower-court decision to throw out a tenant lawsuit against Weigh Scales Mini Storage Inc. of Shamokin, Pa. The statute of limitations for the plaintiff, a woman identified only by the last name of...
Police shut down Shogun Self Storage in Spokane, Wash., last week for years of alleged code violations. A 150-page abatement warrant filed on July 12 in Spokane County Superior Court describes the business as a “drug nuisance property,&rdquo...
To supplement shortfalls in sales-tax revenue, officials in Tuscaloosa, Ala., are considering a change to the city’s business-license fee structure in five categories including telecommunications, carnivals, check-cashing and title loans...
