Compare Storage Unit Insurance

Once you ve bought a storage insurance policy from us you ll be emailed a certificate of cover which you can show to your storage company.

Compare storage unit insurance. Standard homeowners and renters insurance policies will generally cover a percentage of your possessions while in storage units anywhere in the world. For example you may be required to lock the unit with a particular type of padlock or store your contents in plastic damp proof boxes rather than cardboard. How to get tenant insurance coverage for a storage unit. Storage insurance can be found at very low cost and is often within the 8 10 price range per month which is typical for a 2 000 policy.

We strongly recommend acquiring tenant insurance even if the storage facility doesn t require it. If you re using a self storage unit you should check whether there s a how to store your items stipulation in the insurance policy. On average storage unit insurance costs anywhere between 50 cents and 2 for every 100 worth of property in the unit. Of course if you want extra protection like a higher coverage limit or coverage for damage caused by vermin or natural flooding your rate would be a little higher.

The amount will vary by insurer and is usually around 10 of your personal property liability limit. Be a smart consumer by doing your research before you set foot inside a storage facility. Ask your storage company in advance what their policy is on storage unit insurance. Core coverages for self storage businesses.

The telegraph money uncovered further examples of customers being charged up to seven times as much as the normal rate for storage unit insurance with some being told that they cannot shop around for a better deal and others being charged more for the insurance policy than the actual storage unit itself. At nationwide we set ourselves apart from other companies who offer storage unit insurance by offering dependable self storage business insurance that is customizable to your specific needs.