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Self-Storage Insurance

Self-storage facility insurance: building coverage, tenant property legal liability, general liability, and crime coverage for storage facility operators.

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Self-Storage Insurance

Self-storage facility insurance addresses the exposures of a business that earns revenue by storing other people's property. The primary property exposure is the facility itself — buildings, security systems, and fencing. But the more distinctive exposure is tenant property liability: your legal obl…

Key Coverages for Self-Storage Businesses

  • Building coverage at replacement cost for all structures
  • Tenant property legal liability for damage to stored property
  • General liability for premises injuries in common areas
  • Business income and extra expense
  • Crime coverage for employee theft and burglary
  • Cyber liability for keypad access and online reservation systems

Frequently Asked Questions

Am I liable if a tenant's stored property is damaged?

Your rental agreement limits liability to a specified amount, but tenants can still sue and you'll incur defense costs regardless. Tenant property legal liability defends these claims and pays within the contractual limit. Even a case you win can cos…

Does standard commercial property cover a storage facility?

Standard property covers your buildings and owned contents but not your legal liability for tenants' stored property. Self-storage specialty programs add this critical coverage component.

Related Resources

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