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Contents in Mini-Storage Inland Marine from JSA

//Contents in Mini-Storage Inland Marine from JSA

Contents in Mini-Storage Inland Marine from JSA

Don’t leave these personal belongings out in the cold

9.4% of all Americans rent one of the 50,000 self-storage units nationwide with over 2.311 BILLION square feet in storage space (SSA Self Storage Demand Study, 2017). That means there is a little over 7 square feet of mini-storage space for every man, woman, and child living in the U.S. today. That is a startling amount of personal property that may not have the coverage it needs.

Individuals that rent these units often don’t realize that their standard homeowners insurance may not extend off-premises to the storage unit at the limits that would cover the full replacement costs of their possessions.

For example, a homeowners policy with a dwelling coverage limit of $100,000, may include $50,000 of personal property coverage in the homeowners policy, but off-premises items – in mini-storage for example – may be capped at only $5,000. If the contents of a mini-storage space exceed that amount, it’s worth considering an Inland Marine policy for mini-storage like that offered by JSA…. [more]

By | 2019-01-22T16:42:50+00:00 January 22nd, 2019|0 Comments