What Kind of Insurance Do I Need for Things in My Storage Unit?

A storage unit can offer a sheltered and secure space for belongings that might not fit in your home. However, relocating your belongings to someone else’s property may entail significant financial risk, as you cannot be physically present to safeguard them from various dangers and incidents.

Fortunately, certain insurance solutions can come in handy.

Understanding Coverage Options for Storage Unit Contents

When you begin renting a storage unit, the proprietor may require you to have insurance for its contents. This can limit their own liability risks, as fires, break-ins, burst pipes and other incidents can quickly inflict significant losses. When shopping for coverage, consider the following potential options:

• Storage unit insurance—These policies may be available from insurance carriers, as well as storage unit facilities themselves. By purchasing suitable coverage, you can access financial aid following covered incidents, such as theft, fire, wind-related damage, some types of water damage and smoke.

• Scheduled property coverage—These coverage options may be available as additions to your homeowners or renters insurance policy. Although these types of insurance may already cover belongings located away from your home, coverage limits are often lower. Scheduled property coverage can augment your insurance and ensure you’re able to fully recoup losses involving your storage unit’s contents.

We’re Here to Help

At Integrity Insurance Agency Inc in Chadds Ford, Pennsylvania, we’re dedicated to helping you cover your belongings and protect your financial interests. Contact us today to learn more about coverage options for the contents of your storage unit or to compare personalized quotes.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.