BUSINESS

Self-Storage Tenant Insurance When you sign up to rent a unit.

Your storage facility may provide you with insurance. Self-storage tenant insurance can also be purchased from third-party insurance companies that specialize in storage unit insurance.

The renters insurance you already have is completely separate from these policies.

You should think about the costs and coverage, such as deductibles, monthly premiums, and which accidents are covered by the policy, just like you would with any insurance policy.

Using your current renters policy, increasing your policy limit is the easiest way to increase your storage unit coverage.

If your renters insurance will cover your stored possessions up to a certain percentage of your limit, increasing that limit will also increase coverage for stored possessions.

For instance, suppose your approach conceals assets away to 10% of your inclusion limit. Your inclusion limit is $50,000, so hid away are concealed to $5,000. Your items will be covered up to $10,000 if your policy limit is increased to $100,000.

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