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Coverage Highlights

MiniCo’s self-storage specialty property and casualty insurance provides superior coverage specifically designed for the unique exposures of self-storage businesses.

Specialty Coverages

Customer Goods Legal Liability (optional)

  • Coverage against loss or damage to customers’ personal property for which the insured may become legally liable, including property stored in the open.
  • Includes defense against allegations.
  • Limits available from $25,000 to $1,000,000.

Sale And Disposal Liability  ($10,000 included)

  • Coverage for claims against the insured for negligent acts arising from the lockout, sale, removal or disposal of customers’ property when reclaiming rented space for which rental or other charges are delinquent or unpaid.
  • Includes defense against allegations.
  • Limits available from $10,000 to $1,000,000.

Limited Pollutant Removal  (optional)

  • Pays for costs to remove pollutants from a storage unit required by the appropriate statutory authority. Coverage is afforded to all the spaces at the insured facility, not just to units that are rented after the date of coverage.
  • Limits of $25,000/$100,000 and $50,000/$200,000 available.
  • For facilities over 1,000 units, limits of $100,000/$200,000 and $200,000/$400,000 are available.
Business Property & Business Income

Coverage is provided for the following exposures:

  • Buildings and structures including fences, building glass, signs, walks and roadways, and buildings under course of construction. 
  • Business personal property including mini-computer equipment. 
  • Business income (actual loss incurred up to 15 months; higher options available).

Coverage features include the following:

  • Replacement cost coverage.
  • No co-insurance clause.
  • Deductible options of $1,000, $2,500, $5,000, $10,000, $25,000, $50,000, and $100,000.
  • Business income coverage includes extra expenses.
  • Extended business income is included up to 180 days beyond the date of repair or replacement.

Additional coverage is provided for the following exposures:

  • $25,000 pollutant cleanup and removal (must result from a covered loss and be reported within 180 days). May be increased up to $100,000.
  • $10,000 for employees’ personal property (may be increased up to $15,000).
  • Building ordinance coverage included up to full property limit.
  • $25,000 personal property off premises and in transit.
  • $10,000 for trees, shrubs and plants (not to exceed $1,000 on any one tree, shrub or plant).
  • $25,000 valuable papers and records coverage (may be increased up to $250,000).
  • $25,000 accounts receivable coverage (may be increased up to $250,000).
  • $10,000 fine arts coverage (may be increased up to $250,000).
  • $10,000 recharging of fire protection systems.
  • $20,000 additional media and data coverage (may be increased up to $250,000).
  • Fire department service charge is now actual loss sustained in lieu of a $5,000 limit.
  • Identity recovery coverage is now included. This coverage provides case management service and expense reimbursement coverage if certain requirements are met.


  • $10,000 money on premises and $5,000 money off premises.
  • $15,000 employee dishonesty (higher limits available).
  • $10,000 forgery.
Business Liability

Coverage is provided for the following exposures:

  • Business liability ($1,000,000 occ/$2,000,000 agg or $2,000,000 occ/$4,000,000 agg limits available).
  • Personal injury and advertising injury.
  • Hired and non-owned auto liability.
  • Medical expenses ($10,000 limit).

Umbrella Coverage (up to $10 million)

Optional Coverages

Deductible Waiver Option

  • Option to waive the named insured’s property deductible when the named insured and the company mutually agree to choose elastomeric roof coating in place of roof replacement to repair cosmetic loss or damage to roof coverings caused by wind or hail.
  • Currently available in Arkansas, Colorado, Kansas, Oklahoma and Texas.

System Protection

  • Coverage for equipment breakdown exposures including security systems; electronic gate systems; HVAC compressors, pumps, fans and blowers; and business equipment to include computers, cash registers, telecommunication systems and photocopy machines.


  • Not available in California or Alaska.

Employment Practices Liability

  • Coverage for claims against the insured for wrongful employment practices.
  • Includes defense against allegations.

Cyber and Data Compromise Coverage

  • Coverage provides a variety of assistance to insureds pertaining to a wide range of possible cyber attacks and data breaches such as electronic theft or hacking (available in most states).

Employee Resident Manager’s Personal Liability

  • Personal liability coverage for resident managers. 

Some coverages may not be available in all states. Coverage limits vary by state.