IN THIS ISSUE:

Preparing Your Property for Hail Storms

If you operate a self-storage business in an area prone to hail storms, you are probably familiar with the damage they can inflict on a property and your bottom line. Hail losses have been trending upward in severity and frequency over the past several years. The pain felt by insurers has been passed on to property owners in the form of stricter underwriting guidelines, increased premiums, and declinations. In the most challenging locations, wind/hail deductibles of up to five percent may be applied to property insurance policies, which can create a large financial exposure for the business owner in the event of a major loss. With that in mind, here are some recommendations to help protect your facility from the costly effects of hail damage.

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Special Event Insurance:
Affordable Coverage to Protect Your Business

Whether you are planning a lien sale or hosting a marketing event such as an open house, these situations could expose your business to risk that may not be covered by your existing businessowner’s insurance policy (BOP). The good news is that there are simple and affordable steps you can take in advance of the event to protect your operation.

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On the Road with MiniCo

Representatives from MiniCo Insurance Agency will be traveling to self-storage industry events this spring. If your plans include attending these shows, we hope you will stop by the MiniCo booth.

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