When your items are tucked away in a self storage unit, you may find it easy to forget about them. However, this forgetfulness does not mean you should be careless once they are out of sight. Insuring your items in self storage can be the best way to protect losing their value in the event of severe weather or robbery.
Items in self storage may be covered by your homeowner’s insurance policy, but it is possible that they are not included. Nearly all self storage facilities have insurance that protects damage to their building. However, that does not mean your items are included in that policy either. Adding an insurance fee to your monthly rent payment will ensure you will not lose the value of items you have chosen to store.
Why you should consider insurance for self storage
Ask about tenant insurance when you rent a self storage unit. This fee can be added to your monthly rental fee so that you can have added peace of mind. Typically, you can get up to $4,000 in coverage for your belongings for a fee of nearly $9 a month. If you are storing valuable items, you may be able to choose additional insurance. The policy will likely cover accidents caused by water, theft or fire damage. You can also request flood insurance.
Those who rent a self storage unit for their business should seriously consider purchasing insurance. If you are storing office supplies or equipment, you should consider the consequences the business would face if these things were destroyed. Sometimes, insurance will prove to be a wise investment to ensure your business stays running.
What’s covered in tenant insurance?
Every insurance policy is different, but nearly every item in your self storage unit can be insured. Read through your policy carefully to make sure you understand what is covered. Usually, you will have coverage against fire, theft, water and flood damage.
Calculate the value of the items you have stored so you know their worth in case they are destroyed or stolen. Stay organized and create an inventory of your items. In the event of an accident, you will be prepared and have peace of mind if you follow these steps.
Are you looking for extra storage space? Sparky’s Storage Solutions in Amarillo, TX is a cutting edge storage facility complete with an access controlled gate and closed circuit recorded surveillance.Visit us online to learn more about self-storage in Amarillo or call us today at (806) 353-9500 to find out more information about our units. You can also Contact Us by email or visit us in person at 7550 Golden Pond Place.