Generally speaking, you choose to put something in a storage unit because you care about it. Even if you don’t have room for it in your home or place of business, you still want to keep it around.
Given that fact, some people wonder about getting the items in their storage unit insured.
Does Homeowner’s Insurance Cover Items in Your Storage Unit?
Some homeowner’s insurance policies cover the items in a storage unit, others don’t. To determine whether or not your items are covered, check your policy for “off-premises” coverage.
Ultimately, the best way to be sure that you’re covered is to speak with your insurance agent. They’ll be able to tell you exactly how much you’re covered for. If your policy doesn’t provide the coverage you want, you’ll also be able to speak with them about getting the proper level of coverage.
Please note that Xtra Storage doesn’t offer insurance policies.
Can You Buy a Separate Insurance Policy for the Items in Your Storage Unit?
If you’re not covered under your homeowner’s or renter’s insurance policies, you may want to buy insurance specifically for your storage unit. This is called “Tenant’s Insurance”
When purchasing this kind of policy, there are a few different things you want to look for. The first is how much coverage the policy is going to give you. You want to make sure you’re getting what you believe to be an appropriate amount of compensation from the policy. This will of course impact the monthly cost of your plan, which you also need to consider.
After that, you need to know what the policy is able to cover. Some policies don’t cover expensive items, like jewelry. Obviously, you want to be aware of these restrictions before signing onto a plan.
Just like you need to know what items will be covered, you also want to know what types of damage will be covered. The most common kinds of damage that are covered are theft and natural disasters. Check for these events in your insurance policy, and if you have any additional concerns, make sure to bring them to your agent as well.
Finally, you need to make sure you understand any additional restrictions inherent in the policy. Sometimes insurance companies will require you to take photos or keep a detailed inventory, and not following these restrictions can make your life more difficult when you’re trying to collect on your policy.
Looking for a Secure Storage Unit in Brickell?
Of course, it’s best not to need insurance in the first place. If you’re worried about your items, you’ll want an air-conditioned, secure unit.
At Xtra Storage, we offer several levels of security. There are state-of-the-art cameras placed throughout the facility. As well, people are only allowed to enter the building when an employee is present. Finally, all storage units are locked with your personal lock.
If you’re looking for a secure storage unit in Brickell, Xtra Storage has you covered. You can find us at the intersection of SW 8th Street and SW 6th Avenue. If you want to call to reserve a space with us, we can be reached at (305) 257-9307.