Insurance for Self Storage

Self Storage Insurance Advice From M4 Self Store


Self-storage insurance is designed to protect your belongings while they are stored in a self-storage unit. There are several options available for self-storage insurance, which can vary depending on the provider and the level of coverage you need. Here are some common options:

  1. Homeowner’s or Renter’s Insurance: Often, your existing homeowner’s or renter’s insurance policy may cover items stored off-site, including in a self-storage unit. However, this coverage might be limited, so it’s important to check your policy or speak with your insurance agent.
  2. Self-Storage Company Insurance: Many self-storage facilities offer their own insurance policies. These can be convenient and designed for self storage and offer comprehensive cover. These policies typically cover risks that are not usually included in standard home or business insurance policies. It’s important to understand what is covered and what is not, as these policies can vary widely.
  3. Third-Party Insurance: There are insurance companies that specialise in self-storage insurance. These policies may offer more comprehensive coverage than what is available through your homeowner’s policy. They can cover a range of perils, including theft, fire, water damage, and more.
  4. Specialised Insurance for Valuables: If you’re storing high-value items like antiques, fine art, or jewellery, you might need a specialised policy that provides adequate coverage for these items.

When choosing self-storage insurance, consider the following:

  • Coverage Limits: Ensure that the coverage limit is high enough to replace all of your stored items.
  • Excess: Understand the excess amount, which is what you’ll pay out-of-pocket before insurance covers the rest.
  • Covered Perils: Check what events are covered. Common perils include theft, fire, and water damage, but coverage can vary.
  • Accessibility and Claims Process: Understand how to access your policy and file a claim in case of loss or damage.
  • Business or Personal Insurance: If you are storing items on behalf of a business it’s advisable to obtain business storage insurance as the policy and cover will be different from personal/household effects cover.
  • Delivery To/From Storage: Some insurance policies will cover your items whilst they are in transit to or from the storage service.

Always read the fine print and ask questions to ensure you fully understand the policy’s coverage. It’s essential to choose a policy that meets your specific needs and provides adequate protection for your stored items.

M4 Self Store offer comprehensive insurance for you items whilst in storage. Our insurance policies are tailored to your specific circumstances. We are always happy to help with enquiries in regards to insurance so contact us today via phone or email.


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