Hidden Hazards: Identifying and Insuring Common Self-Storage Property Exposures

Hidden Hazards: Identifying and Insuring Common Self-Storage Property Exposures

Self-storage facilities may look like typical brick-and-mortar business operations from the outside — but, when it comes to insurance coverage, they’re not. The truth is, with their distinct property exposures, self-storage facilities require a different approach to insurance coverage, one that accounts for their specific vulnerabilities. ...

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Meeting the Growing Need for Expert Self-Storage Insurance

Meeting the Growing Need for Expert Self-Storage Insurance

The self-storage industry has grown rapidly in the past several years, reaching an estimated market value of $44.37 billion, outpacing many other notable companies like Aflac, General Mills, Humana, and even 7-Eleven.  The reason?  People love their stuff — and they don’t want to part ways with it. According to Josh Leykam, MiniCo Vice...

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Self-Storage Demand Holds Steady With Few Signs of Post-Boom Decline

Self-Storage Demand Holds Steady With Few Signs of Post-Boom Decline

Americans love our stuff — and we’re so reluctant to part with it that we’re willing to pay someone else to store it. Storage Cafe estimates that 38% of Americans have used or plan to rent space to store what they can’t (or don’t want to) keep in their homes. Over the past two years, there’s been a boom in the self-storage industry, driven...

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4 Specialized Insurance Coverages for Self-Storage Businesses

4 Specialized Insurance Coverages for Self-Storage Businesses

Within the commercial real estate market, the self-storage industry stands out from the crowd. With its seeming immunity to economic fluctuations, the self-storage sector rode out the Great Recession, a global pandemic, and supply-chain disruptions and is currently seeing an upswing in new construction and expansion. Industry newcomers need to be...

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Insurance Agency Management: 3 Ways to Improve Employee Productivity

Insurance Agency Management: 3 Ways to Improve Employee Productivity

Agency Management: 3 Ways to Improve Employee Productivity As a busy agency owner, it’s critical that your employees have the ability to work independently and productively, allowing you to focus on sales. The following are four ways you can increase agency productivity without having to hire additional staff. Establish a basic training program...

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