Self Storage Protection Agreement
Did you know that the storage facilities insurance policy does not cover your items while in storage? Almost all, if not all, self storage facilities require that customers purchase insurance that will cover the items being stored.
Thankfully, the State of California allows us to assume limited responsibility for stored goods through our Self Storage Protection Agreement. The Self Storage Protection Agreement is not insurance but is an inexpensive way to meet the insurance requirement in the Rental Agreement. The Self Storage Protection Agreement has been designed specifically for our customers and provides for a reimbursement of up to $2,500 due to the following:
- Fire, explosion or smoke
- Theft, vandalism or malicious mischief
- Roof leak or water damage (Loss or damage caused by flood, surface water, underground water or water that backs up through or overflows from a sewer, drain or sump is not covered)
- Windstorm that first causes damage to the building
- Collapse of the building where your property is stored
- Impact of aircraft, missile or vehicles
- Moth, insects, rodent or vermin damage up to a maximum of $500.00
There is no deductible. The customer will receive a reimbursement from the very first dollar worth of loss. This agreement can be terminated at any time by providing proof of insurance.
Customers who already have insurance in place may want to compare their current plan to the Self Storage Protection Agreement offered. Most insurance policies have deductibles and will not pay the customer until a deductible as high as $2,500 to $5,000 has been met. These policies tend to be costlier than the Self Storage Protection Agreement that we have designed, and they may be less of a value.
