Five Reasons Why You Should Protect Your Storage Facility with a StorInsure Insurance Policy
Today, StorInsure helps self-storage businesses across 48 U.S. states safeguard their facilities. This cost-effective coverage enables an insured to obtain a customized package of protections against selected risks at reasonable rates. Today, companies which furnish services in this unique marketplace require this valuable self-storage insurance:
1. Self-storage Facilities Sometimes Sustain Business Disruptions
If heavy winds or a fire necessitate the closure of a self-storage facility for an extended period of time, the business may lose vital revenue and risk bankruptcy. StorInsure offers coverage for lost business income based upon actual losses sustained for specific periods of time. Obtaining this coverage could mean the difference between closing down a company or recovering and remaining open!
2. Obtain Sale and Disposal Liability Coverage
In most cases, if customers cease paying for services, self-storage facilities seek compensation by auctioning the customer’s stored property. Lawsuits and liability sometimes arise in these situations. Self-storage insurance helps protect the business against claims up to specified limits selected by the insured.
3. Safeguard Your Business Against Equipment Breakdowns
Insurance for self-storage facilities offers some protection in the event critical equipment fails. If you offer air-conditioned storage but the HVAC unit breaks down and tenants experience losses as a result, you’ll gain greater peace of mind knowing your self-storage insurance helps cover equipment repair and replacement, and indirect losses.
4. Protect Your Facility Against Some Tenant Breaches of Storage Rules
Self-storage businesses cannot always prevent tenants from ignoring facility rules. If you must detoxify your site after a customer violates rules against storing environmental hazards, for instance, it helps to maintain insurance for self-storage facilities. Obtain coverage for expensive hazmat removal and cleaning.
5. Select Comprehensive Protections
Insure against risks of most concern to you. This flexibility accommodates unique business needs! It offers cost-effective protection.
Contact StorInsure today to begin discussing your policy and changes you might like to implement today for your self-storage facility.
