The Importance of Having Insurance Coverage on Your Belongings

Insurance


Delphos Self Storage
May 4th, 2023


When you rent a self-storage unit, you are entrusting your belongings to a third-party. While self-storage facilities take measures to keep your items safe, unexpected events can happen. That's why it's important to have insurance coverage on the belongings you are storing at a self-storage facility. In this blog post, we will discuss the reasons why having insurance coverage is important and how it can protect you and your belongings.

Protect Your Belongings from Loss or Damage
When you store your belongings in a self-storage unit, there is always a risk of loss or damage. For example, your items could be damaged by water or fire, or they could be stolen. If you don't have insurance coverage, you may have to bear the cost of replacing or repairing your belongings out of your own pocket. Having insurance coverage can help protect you from these unexpected costs.

Comply with the Storage Facility's Requirements
Most self-storage facilities require tenants to have insurance coverage on their belongings. This is because the facility is not responsible for loss or damage to your items. By having insurance coverage, you can comply with the facility's requirements and ensure that your items are protected.

Peace of Mind
Knowing that your belongings are covered by insurance can give you peace of mind. If something does happen to your items, you will not have to worry about how you will pay for the repairs or replacements. Insurance coverage can help you feel secure in the knowledge that you are protected in the event of an unexpected loss or damage.

Types of Insurance Coverage for Self-Storage
There are different types of insurance coverage available for self-storage units. Some options include:

  • Homeowner's or renter's insurance: Some homeowner's or renter's insurance policies may cover items in a self-storage unit. However, it's important to check with your insurance provider to confirm coverage and the extent of protection.
  • Storage facility insurance: Many self-storage facilities offer their own insurance policies. These policies may have certain limitations, such as coverage limits or specific exclusions. At Delphos Self Storage, we have partnered with Bader Insurance.
  • Third-party insurance: You can also purchase insurance coverage from third-party insurance providers. These policies may offer more comprehensive coverage and may be tailored to your specific needs.
Conclusion
Having insurance coverage on the belongings you are storing at a self-storage facility is important for protecting your items and giving you peace of mind. There are different types of insurance coverage available, so it's important to research your options and choose a policy that best fits your needs. Don't risk losing or damaging your items - call us today to see what your insurance coverage options are.