Self-Storage Commercial Insurance

Upgraded BOP

COMING SOON!

MiniCo's upgraded self-storage BOP and Supporting Solutions provide expedited service for agents and enhanced protection for policyholders.

  • MORE coverages
  • MORE convenience
  • MORE customer service
Get the White Paper

Key Benefits of MiniCo's Upgraded BOP:

  • New coverages and limit and deductible options
  • Flexibility in policy options to fit most needs
  • Faster policy and endorsement issuance
  • In-house claim processing for fast, fair resolution

New Supporting Solutions Designed for Self-Storage Risks:

  • Umbrella excess limits available for enhanced coverage
  • Workers Compensation support for self-storage operations
  • Multiple Cyber Insurance options starting at $129, designed and priced for self-storage operations
  • Equipment Breakdown protection for critical, specialized equipment and systems
  • Wind/Hail Deductible Buy-Back options to decrease out-of-pocket exposure
  • Multiple A.M. Best “A” rated carriers providing solutions for coastal locations and challenging properties

Workers Compensation Sample Premiums

State Limits Payroll Premium
  • Arizona
  • Georgia
  • Illinois
  • Texas
  • Washington
$1M/$1M/$1M $30,000
  • $1,389
  • $1,264
  • $1,254
  • $1,092
  • $1,326
  • Arizona
  • Georgia
  • Illinois
  • Texas
  • Washington
$1M/$1M/$1M $60,000
  • $2,778
  • $2,514
  • $2,508
  • $2,184
  • $2,652

Cyber Insurance Sample Premiums

Coverage Limit Premium
Data Compromise $50,000 $129
Cyber and Data Compromise $50,000 $233

Cyber and Data Compromise are optional coverages under the self-storage BOP.

Equipment Breakdown Sample Premiums

Coverage Property Limit Premium
System Protection $566,315 $103
System Protection $5,418,315 $557

System Protection is an optional coverage under the self-storage BOP.

Wind/Hail Deductible Buy-Back Sample Premiums

Florida

Building limit $1.8M
5% wind & hail deductible $90K
Buy back to 2% deductible $36K
Deductible reduction $54K
Premium $3,443

Texas Coastal

Building limit $1.8M
5% wind & hail deductible $90K
Buy back to 2% deductible $36K
Deductible reduction $54K
Premium $2,754

Coverage Highlights

View Coverage Highlights for more detailed information. Some coverages may not be available in all states.