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Storage Tips

Storage Tips

Benefits of Self Storage Insurance

Umbrella with boxes underneath

Did you know that your stored belongings might not be insured by your home owner's insurance policy?  If you are storing your belongings in a storage unit, you want to be sure your items are insured.

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  affect your home.  Just as your home can be subject to severe weather, fire, break-ins, or other possible events, so can 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.

Tenant insurance is intended to cover property stored inside a storage unit in the event of a burglary, damage or loss. Some homeowners and renters insurance policies will cover items stored off-site; if they don’t, separate insurance coverage is necessary.

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.  

Receive the coverage you need with the benefits of storage insurance and avoid the loss of your prized possessions.

COST

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.  It is important to look at all your storage insurance options and ask questions to ensure your belongings are protected.

At Riel Park RV & Self Storage, tenant insurance is inexpensive, can save you money and is easy to manage.  Your insurance is paid at the same time as your rental payment every month.  Monthly premiums are $13 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.  This insurance coverage is offered thru Cowan Insurance who specializes in self storage insurance.

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:

  • Fire
  • Theft
  • Tornado
  • Wind
  • 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:

  • Furs
  • Jewellery/Watches
  • Artwork Collections
  • Antiques
  • Deeds and Legal Documents
  • Precious Stones
  • Money

Search out other insurance or storage options for these items.

Self-storage insurance does not cover damages resulting from:

  • Vermin
  • Mold and Mildew
  • War
  • 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.  At Riel Park RV & Self Storage we want you to have peace of mind that your stored property is insured.  

If you are already covered through an existing policy, email or bring in your certificate of insurance providing proof of coverage within 30 days of move-in and we will credit your account for your first month’s insurance charge.

At Riel Park RV & Self Storage we have storage units of various sizes and types.  Whether you needed indoor climate controlled storage, drive-up unheated storage or RV Storage we can accommodate.  Give us a call today at 780-651-8056 for all your personal storage or business storage needs.

St Albert Storage made simple!

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