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...
If you have self-storage clients, it’s a smart move to make sure they offer a tenant insurance program to their tenants. Why? As an insurance agent, you are in the ideal position to educate your clients about minimizing the risk of claims and lawsuits. Self-storage facilities that don’t offer tenant insurance are missing out on a simple and...
A self-storage lease agreement (or rental contract) is one of the most important elements of your self-storage operation's risk management program. It is the most critical document executed between the business and the tenant in terms of protecting the facility's interests. The lease agreement formally establishes the relationship between the...
Self- storage facilities generally have a list of items in their rental contracts that are prohibited from being stored in rented units. Tenants are prohibited from storing flammable items, hazardous materials, and food, to name just a few. Most of these restrictions are due to the damage that they can cause, such as accidental fires or unwanted...
Protect Your Stored Valuables from Water Damage Water damage is no joke. Flooding and water damage is not a concern only for people in coastal regions. No matter where you are, water can find its way into a self-storage unit. Here are three ways to help protect stored valuables from potential moisture and water damage. Insurance Self-storage...
5 Warm Weather Tips for Self-Storage Every year, approximately 40 million people in the U.S. relocate, with more than 50 percent moving during the summer months. Those contemplating a big move while the days are longer and the kids are out of school may have a need to put some of their personal property in storage. Here are five "good-to-know"...
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