TopCity Storage

Topcitys Guide on Self Storage Insurance


We get asked about why our tenants are required to have insurance when renting a storage unit. Our response, having insurance as a requirement is not a bad thing. As a self-storage customer, your property is not insured by the self-storage facility you are renting at. Most storage leases require that each tenant maintain insurance coverage on their property. Insurance is actually a good thing for everyone owners, managers and tenants. Insurance will provide peace of mind when uncontrollable things happen. However, you may choose to use your homeowner’s policy to protect your items, up to the coverage limits of your policy. At TopCity we just ask for proof of your policy. If you do not have homeowners or renter’s insurance, we have you covered. TopCity Storage partnered with Badger Insurance and when you rent a storage unit from us online, we will ask if you would like to add storage insurance to your rental, thus making it simple to get the coverage you need. Storage insurance is specifically tailored to the storage industry making it less complicated to file a claim in stressful times as compared to homeowner’s insurances who may not be used to the same encounters as the self-storage insurance professionals. What Events Could Qualify Coverage By Self-Storage Insurance? · Fire · Tornado · Theft · Hurricane · Lightning · Wind · Hail · Burglary · See the complete list on your own summary of coverage causes. Is flood covered? Much like homeowner’s policies, damage from flood, surface water, waves, tides, tidal waves, storm surge, overflow of any body of water, or spray is not covered. What is the difference between burglary and theft? Burglary is defined as stealing property by forcible entry into a securely locked storage space, provided there are marks of forcible entry on the exterior storage space. Theft does not require forcible entry. Theft and Unknown Disappearance of items are not covered under storage insurance policy. ...

Crystal Reuter
June 1st, 2021