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Do I need insurance for my storage unit?

Your belongings in storage should be covered by your renters insurance policy up to a certain limit.

Contingent upon what you keep away, your leaseholders strategy might be adequate. Include your stored items in your home inventory to find out how much they are worth.

You should look into getting additional coverage if the value of your stored items is greater than what your current policy covers.

When looking for storage unit insurance, pay attention to the limits of the policy. Compared to the limited coverage provided by your renters insurance policy, some policies may provide less coverage.

Storage unit insurance from a private storage insurance carrier can vary between companies, but many cost approximately the same as renters insurance.

Renters insurance policies typically include coverage for items not stored at home and typically cost between $15 and $30 per month.
Your stored items are probably unprotected without insurance.

When you store your belongings at a storage facility, the level of risk you accept should be stated in the contract.

To determine whether your belongings are covered by the storage facility’s insurance or if you are responsible for all risks associated with storing them on the property, carefully read your lease contract.

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