Self-Storage Facility Insurance
Don’t leave your self-storage business exposed.
Self-storage facility insurance helps secure what matters most.
Insurance tailored for self-storage facilities
Your business safeguards the personal belongings and prized possessions of your tenants. From the storage units themselves to the items inside, unexpected events can happen. Self-storage facility insurance helps protect both your property and your business from financial loss.
Essential coverage for your self-storage business
Key coverages to consider include:
Commercial Property Insurance – Protects your storage units, offices, and facility from covered events like fire or storm damage.
General Liability Insurance – Covers incidents involving tenant property damage or injuries on your premises.
Business Income Insurance – Helps cover operating expenses and lost income if your facility is forced to close temporarily.
A proper security guard insurance policy helps protect against these risks.
Additional coverage options
Further protect your self-storage business with:
Crime Insurance – Safeguards against theft or criminal acts on your property.
Equipment Breakdown Insurance – Covers climate-control systems or other equipment failures that could damage stored items.
Sales & Disposal Liability Insurance – Provides protection if tenant property is mistakenly sold or disposed of.
Understanding the risks
Security guard services vary widely, so insurance needs differ depending on the operation. Self-storage owners face unique risks:
Damage to storage units or tenant property
Theft or vandalism on the property
Tenant disputes over disposed or sold items
Potential lawsuits over lost or damaged belongings
While you aren’t responsible for insuring tenants’ belongings, you are responsible for protecting your property and managing liability. Insurance ensures you are prepared for these challenges.
The business side of self-storage operations
Even as a self-storage business, you’ll need standard business insurance coverages:
Cyber Liability Insurance – Protects sensitive tenant information from hacks or breaches.
Commercial Umbrella Insurance – Offers additional coverage if your primary policy limits are exceeded.
Employment Practice Liability Insurance – Protects against discrimination or harassment claims from employees.
Workers’ Compensation – Covers employee injuries on the job.
Employee Dishonesty Insurance – Protects against theft by employees.
Protect your facility, your tenants, and your business.
Contact us to discuss self-storage facility insurance options and the coverage that fits your needs.
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