Property Insurance and Storage Units
According to the Self-Storage Association, an estimated 10.8 million people keep their property in a self-storage unit, either temporarily or long-term. If you choose your self-storage location carefully, your possessions should be secure—i.e., safeguarded against intruders, thieves and damaging elements like heat and moisture. But even when your belongings are at a secure facility like Holiday Self-Storage, you should consider additional protection through a homeowner’s or renter’s insurance policy
Why Consider Property Insurance
At Holiday Self-Storage, we make every effort to ensure the security of your possessions. We restrict access and have on-site management; we provide routine pest control and climate-controlled units. However, our storage facility is not immune to disaster, such as:
To replace or recover the value of possessions lost or damaged because of natural or other disasters, you need to make sure they are covered by a personal insurance policy.
Insurance Coverage Options
Because many self-storage units are rented while people are in transit, your possessions may be covered under your homeowner’s policy, particularly for short-term storage leases. Your insurance agent will be the best source of information about your policy coverage. To make sure your possessions in storage are covered, ask about:
- Restrictions (if any) for possessions located remotely
- Security requirements for self-storage units
- Coverage limits for valuable personal property, like fine jewelry, art and/or recreational vehicles (these may require a separate policy)
If your homeowner’s policy does not cover items in storage (or you do not have a homeowners’ policy), inquire about renter’s insurance. Renter’s insurance coverage for a leased residence may also cover leased storage space, or you may be able to get a separate renter’s insurance policy specifically for your possessions in storage.