Benefits of Storage Insurance
When it comes to protecting your home's contents, insurance is a must and something we never question. You just never know if, or when, sudden incidents might strike which can adversely affect your home. Just as your home doesn't have ironclad immunity against severe weather, fire, break-ins, or other possible events, neither does any storage facility.
You might be surprised to learn that your personal property is not insured by the storage facility for loss or damage. Customers are responsible for their own insurance and their own contents. Typically, standard homeowners and renter's insurance policies do include some type of off-premises property protection which may have limited coverage and only for 30 days. Some policies exclude theft.
Although Riel Park RV & Self Storage takes steps to minimize risks, such as security cameras, electronic gate access and professional pest control, you still need to insure your personal property. Get piece of mind with the coverage you need for your belongings in storage.
Understandably, your home insurance policy covers every aspect of your property, not just your contents, and this is reflected in the cost. But, depending on your situation, it might not be worthwhile to pay for a more expensive form of insurance, especially when the only thing you're really concerned about are your contents in storage.
At Riel Park RV & Self Storage, tenant insurance is inexpensive and easy to manage. Your insurance is paid at the same time as your rental payment every month. Monthly premiums are $10 per month for $10,000 worth of coverage. Riel Park RV & Self Storage is pleased to offer this extra storage service for your added protection.
WHAT IS COVERED BY STORAGE INSURANCE?
Buying self-storage insurance will usually give you coverage from the following, but remember to always discuss details with your insurance agent once a policy has been created:
- Surface water and sewage backup
WHICH ITEMS ARE NOT PROTECTED BY SELF STORAGE COVERAGE?
Self-storage coverage places limits on many items. Certain things may be covered up to a specific dollar amount or not covered at all. Cars, boats, motorcycles, ATVs (anything motorized) must be insured separately.
Some items that may not be covered are:
- Artwork Collections
- Deeds and Legal Documents
- Precious Stones
Search out other insurance or storage options for these items.
Self-storage insurance does not cover damages resulting from:
- Mold and Mildew
- Breakage of Fragile Items
- Mysterious disappearances
- Water seepage or condensation damage
Remember, the cost to insure your belongings is far less than the cost to replace them.