Home Insurance The Importance Of Insuring Your Items In Storage

The Importance Of Insuring Your Items In Storage

If you choose to lease a self-storage unit for the safe keeping of your belongings it is more than likely that they will be secure and untouched, since you will provide your own padlock and thus be the sole owner of a key! An added form of security will also be the 24-hour surveillance at the storage facility, as well guards on patrol at night. However this doesn’t mean you should not purchase insurance for your items, particularly if they are of some monetary or sentimental value! We all know that most things are replaceable, but why take the risk of having to purchase new items if your old ones are stolen or irrevocably damaged? Don’t gamble with your possessions. It isn’t worth it. Not if you can acquire insurance and protect your belongings.

So how does one go about obtaining insurance for belongings in self-storage units or storage rooms? You definitely want secure storage and no matter the high level of protection at the storage facility, you’d be wise to invest in some extra coverage! In fact some storage companies will not arrange your storage space if you haven’t got proof of insurance coverage. If you don’t have insurance, then not to worry! Most storage firms are willing to offer insurance cover if you don’t have the time to shop around for a good policy. Just be sure to ask for information when speaking to your storage company or check out details on their website!

The Importance Of Insuring Your Items In Storage

Whether your investing in home storage, business storage or student storage, you’ll want your belongings protected and safe. Insurance is essential as it covers all your items in the unlikely event that something happens to them. Ask yourself if you would forego on your home insurance? This is the same thing. If you are using a self-storage room to store business stock remember to make sure your insurance covers you for business items. So no matter what you require insurance for, it’s best to get a cover policy in place sooner rather than later and you can rest easy knowing that you would get a pay-out to cover any of your items that are lost or damaged.

Sometimes it can prove difficult to find an insurance company that will give adequate cover for goods in storage. So you’ll need to really conduct a thorough search to find a company that offers affordable and flexible insurance cover for all your domestic or business goods. Some extra tips for self-storage insurance are to make sure your items are protected from damp. Place heavy-duty plastic coating over your belongings and don’t store fabric items in plastic bags, as this will make them susceptible to mildew damage. Do not store jewellery or cash in self-storage units, as they are not vaults, nor are they impenetrable! Make an inventory of all the items in your storage facility.

You may be asking yourself what self-storage insurance covers. This will ultimately depend on your policy but overall it should protect your items against damage or loss from fire, earthquake, floods or theft. The cost of cover will depend on the value of your belongings. For more information you can contact the Self Storage Association (UK), which is the trade association in the UK for the industry. They offer some great counsel in relation to insurance as well as overall info on the self-storage industry! On their website they advise everyone investing in self-storage to obtain insurance cover for their items!