Do self storage units have insurance for short term rents?

Both long term and short term storage units have insurance to cover the contents of your unit. When you book a storage locker, unit or room, you’ll be asked to provide an inventory of the goods you’re going to store inside. This helps to identify the level of insurance cover you need.

The best insurance cover is often a policy which replaces new for old. This means that if your items were lost or damaged, your insurance policy would cover the cost of replacing these items with brand new goods which are the same or similar.

Of course, the chance of anything happening to your items when they’re in storage is extremely low. Advanced security measures and well-maintained units ensure that your items are kept as safely as possible when they’re in storage units. This is one reason why long term and short term storage insurance is so cheap.

For just a few pence a day, you can obtain a significant level of coverage. Whether you’re storing furniture, electrical goods, sports equipment or even business materials, you can obtain an appropriate level of coverage when you arrange to rent a storage unit.

Indeed, you won’t just be encouraged to take out insurance when you rent a storage locker, unit or room, you’ll be required to do so. All storage facilities insist that their customers take out mandatory insurance as part of their terms and agreement, so you can be sure that your short term storage rental will have insurance.

How much insurance can I obtain? 

The level of insurance coverage should reflect the contents of your unit and the value of replacing these goods as new. How much insurance you choose to take out is up to you. Your contract simply requires that you have insurance in place before you can start using your storage units.

When assessing the value of your items, however, it’s important to take an objective view of what they’re worth. Many people underestimate the value of the items when they’re buying insurance, which can lead to a lack of coverage when it’s really needed.

Whilst it’s unlikely that you’ll ever need to rely on your short term storage insurance, it will give you peace of mind to know that you have a substantial level of coverage in place.

Where do I get insurance from? 

When you arrange to rent a long or short term storage unit at, you’ll be offered the opportunity to take out an insurance policy at the same time. For most customers, this is the cheapest and most efficient way to obtain the storage insurance they require.

However, you’re also free to arrange your own insurance policy, if you choose to do so. It’s important to note, however, that you’ll need to provide proof of your insurance policy before you can begin your rental agreement.

Once your insurance policy is in place and you’ve supplied other relevant documentation, you can begin moving your items into storage and making use of your locker, unit or room.

Virginia Canales

Virginia Canales