In most cases, storage units you rent will not come with insurance coverage. However, sometimes storage facilities require you to provide proof of insurance for stored property before they’ll allow you to sign a rental agreement. It is completely legal for storage companies to require insurance. Not all of them do, but many do as a means of protecting themselves and preventing them from being liable for any damage done to your items while they’re kept in storage.
With this in mind, if insurance isn’t included with a storage unit rental, but your storage facility requires you to have it, how do you get the coverage you need? In such a case, you’d need to seek out a tenant insurance policy.
Here’s a quick overview of what you need to know about insuring storage units in Kingston, MA.
Tenant insurance for storage units
Tenant insurance is a type of insurance geared toward protecting items stored in a rental property. While it is more common for this type of insurance to be used for an apartment or other rented home, you can also find tenant insurance policies that will cover your items in a storage facility.
Here are just a few reasons why you should consider taking out a tenant insurance policy for your storage unit:
- Your items might be valuable: The objects you keep inside a storage unit could be quite valuable, whether that means monetary value or sentimental value. Keep in mind that there are some types of high-value possessions that are not covered by rental insurance and will need their own special forms of insurance. These can include jewelry and priceless forms of artwork. You’d need to purchase that special insurance coverage separately.
- You will be protected in the event of extreme weather: If you have a major storm in your area that damages the storage facility, you can get an insurance policy that will cover the items you store there. Keep in mind that you’ll need special flood insurance to cover any items that would be affected by flooding.
- You will be protected in the event of burglary: Most storage facilities are highly secure, and feature fences, alarm systems, cameras and other surveillance and access control systems to keep out unauthorized parties. However, while these systems help monitor and deter criminal activity, they’re not perfect, and a burglary might still occur. Having tenant insurance keeps you protected if you become the victim of a burglary.
To get tenant insurance coverage for a storage unit, you should first look at your homeowners or renters insurance and see if there are any stipulations in your existing policy that would offer you the coverage you need. If not, you can see if there are any coverages you can add on to existing policies, or if the storage company has any recommendations for insurance providers. Make sure you research your various coverage options before making a decision.
For more information about insuring storage units in Kingston, MA, contact A Plus Storage Corporation today.
Categorised in: Storage Insurance