Self Storage – Insuring Your Stuff

A common mistake made when storing your stuff in a storage unit is assuming that your belongings are insured by the facility. Wrong! The storage facility is simply providing you with a place to stow your belongings and usually makes it clear, though sometimes in small print, that they are in no way, shape, or form responsible for your belongings. So what can you do?

If you own your home, check with your insurance company. Your homeowner’s policy may cover your items that are being stored, but then again, it may not. Never assume you are covered because the time may come when something happens to your stuff in storage and you find that you aren’t insured and something valuable will be lost forever. If you are a renter and have renters insurance, the same applies. Call your insurance company and ask if your items that are being stored are covered I your policy. What if the answer is no?

If you are not covered by your existing policy you can always ask them if they do offer protection for self-stored items and how much it will cost. Then you can ask the manager of the storage unit facility if they recommend any insurance agency to handle insuring your things. Believe it or not, there are actually insurance companies that specialize in insuring self stored items. Once you have all the information in front of you look at things like coverage and cost and make your decision accordingly.

Just remember, your self storage unit facility does not insure your stuff, you have to do it. But don’t feel overwhelmed, as finding cost effective insurance for your possessions is nothing more than a few phone calls away.