It seems as if we have insurance for everything nowadays and self storage is no exception. Although we sometimes feel it is a bit redundant, the truth is that we never know what is going to happen. Whether your self-storage facility requires you to have insurance for of self-storage unit or not (this may be optional with some facilities), when storing your valuable items in a self-storage facility, it is crucial to keep in mind why insurance for your storage unit is important. What makes it so important? In this article, Seven Hills Self Storage in Redding, CA explains the importance of being covered under self storage insurance and provides some useful tips!
Many self-storage facilities give you the option of purchasing an insurance policy for your storage unit directly with the company, or you can also obtain this coverage from your current insurance company. We know that insurance policies can be complicated and confusing but also very necessary to protect you and your property. What are some examples of the need for this type of insurance policy?
Unfortunately, things happen that are beyond our control. For instance, imagine a customer who intentionally breaks the rules and stores items they are not supposed to and a fire breaks out; Your valuables could be in danger.
Besides potential fire hazards, some other examples include:
*Flood: Whether a flood is caused by natural weather conditions or damages from a neighboring unit, your belongings could get damaged by any type of flood.
*Customer Negligence: As mentioned above, a customer could potentially store some hazardous items in their unit or accidentally leave their unit unlocked. Things do happen whether intentional or accidental.
*A break-in: Of course we take very cautious measures to prevent these things from happening, but unfortunately, they happen from time to time.
*A toxic chemical spill: A toxic chemical spill could damage your personal belongings beyond repair.
*Natural events such as hurricanes or earthquakes: We have no control over mother nature and depending on what part of the country you live, this may or may not be a concern. Nonetheless, it’s better to be safe than sorry.
Even if your self storage facility doesn’t require insurance, we highly recommend you get some sort of coverage or you could be taking unnecessary risks. You protect your car, your home and your life with insurance so if you are storing things that you value, make sure they are covered from loss as well. You never know what could happen, don’t wait until it’s too late.
If you currently have renter’s or homeowner’s insurance, that may or may not provide the necessary coverage for your storage unit. However, we are not insurance agents and since all policies are different, we urge you to check with your insurance company to inquire for more information. If you have any questions or need assistance, give us a call or come in and talk to one of our professionals, Seven Hills Self Storage in Redding, CA is always happy to be of assistance!