No matter how secure a storage unit facility is, there is always some risk of damage or theft. In the same way that the items in your home are at risk from unpredictable and severe weather or determined thieves, items in storage face the same risk. However, a private storage facility that places safety and security first likely protects your items better than your home! All the same, storage unit insurance is never a bad idea.
What Is Storage Unit Insurance?
Because self-storage is immensely popular with Americans, it’s no surprise that insurers are willing to provide insurance for off-site storage units. Storage unit insurance is exactly that—insurance on the items you have placed in a private storage unit.
Items in your storage unit may fall under your homeowner’s or renter’s insurance policy. But you’ll need to confirm with your insurance company. Never assume high-value items such as cars are covered under existing policies. Likewise, remember that there is always fine print in insurance policies, so it is important to speak with your insurance agent to understand exactly what your policy covers and what is not covered.
Should I Buy Storage Unit Insurance?
Consider that floods and fires do happen. Likewise, despite all efforts of the storage facility to protect your items, theft is a possibility. When in doubt, it is always better to be safe than sorry, and purchase insurance. And while it is an investment, it will give you even more peace of mind that your items are safely stowed for when you need them.
To determine what type of insurance you need to cover your items while in storage, speak with your insurance agent. You may need to purchase specific, additional coverage, particularly if you’re storing items with high value. You may also ask the storage facility if they offer insurance, or which company they recommend for insuring your stored items.
What Type of Insurance Do I Need for My Storage Unit?
To provide the greatest protection of your items, it is advisable to confirm that your insurance on stored items covers the following:
Be sure to look for exclusions in any storage unit policy you purchase. Likewise, make sure you understand limits to coverage, maximum payable amount, deductibles, and more. In other words, treat your storage insurance policy the same way you’d treat your homeowners, car, or even health insurance.
The Most Secure Storage Facility in Eugene
Armored Storage in Eugene is the most secure storage facility in Lane County. Located in a residential area, rather than in an industrial area, helps reduce transient trespassers. Our storage facility is surrounded by a gate, offering controlled access only. We maintain an onsite manager. Our bright lights, coupled with our 50 security cameras monitoring all areas of our facility, serve as a deterrent to would-be thieves. Each storage unit includes an alarm system, as well.