4 Reasons Why You Should Get Storage Insurance

28 May 2020/General, Storage Tips

Is Storage Insurance Necessary?

U•STORE•IT has many security features to keep our customer’s units safe and secure: heated units, gated facilities, fireproof buildings, 24-hour surveillance, a security system, and on-site managers. With these comprehensive security measures in place, some people might wonder “do I really need storage insurance?” While we don’t require our customers to purchase coverage from our facilities, there are several important reasons why you should still purchase insurance protection when you rent a storage unit.

1. Storage Insurance Extends Beyond Your Home Policy

Some homeowners and tenant insurance policies may cover items in storage for up to three months, but after that grace period expires, your belongings aren’t covered anymore. Having dedicated storage insurance after this initial coverage period is over is important to keep your valuable belongings continuously protected. Make sure you check your existing insurance policy to determine the exact duration and the specific risks that are covered for off-premises storage.

2. Safeguarding Your Valuables in Storage

If you want the peace of mind that the value of your belongings are protected while they are put away in storage, then specialized storage insurance can relieve some of your concerns. Potential damage to your belongings, theft, fire, and flooding may be covered under your storage insurance policy. You’ll have peace of mind knowing that you have recourse to make a claim for your stored possessions should exceptional circumstances or unexpected events occur.

3. Simplified Storage Insurance With Monthly Payments

U•STORE•IT offers storage insurance as a convenient add-on that can be included with your existing self-storage rental agreement. The insurance premium is charged as one payment, once a month for your convenience. You don’t even have to think about managing separate insurance payments or dealing with another bill.

4. Cost-Effective Protection for Your Inventory

The rates for our storage insurance plans start as low as $7 per month for smaller storage units. Our experienced staff can help you decide how much coverage you need based on the size of your unit and the particular items you’ll be storing in your self-storage unit.

If you have any questions about our storage insurance policies or want to inquire about specific pricing options, contact us to get a quote that will cover your belongings while they are in your storage unit. We have self-storage facilities located in North Edmonton, West Edmonton, South Edmonton, St. Albert, and Red Deer.

Key Takeaways about Storage Insurance Protection

Homeowners and tenant insurance policies typically only cover items in storage for up to three months, after which you need specialized storage insurance for your unit to maintain protection.
Storage insurance provides valuable protection against multiple risks including damage to belongings, theft, fire, and flooding that might occur while your items are in storage.
U•STORE•IT offers storage insurance as a convenient monthly add-on to your existing self-storage rental, eliminating the need for separate payments.
The cost of storage insurance starts as low as $7 per month for smaller units, making it an affordable way to protect the value of your stored belongings.
U•STORE•IT provides heated storage units along with multiple security features such as gated facilities, fireproof buildings, and 24-hour surveillance to keep customer units secure.
When deciding on Storage insurance coverage, U•STORE•IT can help determine the appropriate amount based on your unit size and the specific items you plan to store.
For questions about insurance policies or to inquire about pricing, customers can contact U•STORE•IT directly to get a personalized quote for coverage.
U•STORE•IT maintains multiple self-storage facilities throughout Alberta including locations in North Edmonton, West Edmonton, South Edmonton, St. Albert, and Red Deer.