Don’t Overlook Your Vulnerabilities: Prepare Your Facility for a Natural Disaster
According to the Federal Emergency Management Agency (FEMA), 40 percent of small businesses never reopen after a disaster, and another 25 percent that do reopen fail within a year. Jim Redick, director of Emergency Preparedness and Response for Norfolk, Va. states, “Small businesses are a huge contributor to our economy so if they’re unable to ...Read more
The Advantages of The Storage Shield Protection Plan
According to the Self-Storage Association, one out of every 10 households in America rents a self-storage unit. That means 10.8 million Americans are comfortable that their possessions are safe, secure, and well protected at their local self-storage facility. Despite these precautions, you want to be prepared for anything. Self-storage insurance is important, but a tenant ...Read more
Is Your Self Storage Business Insurance Portfolio Up to Date?
As a self storage operator, you face unique risks. Purchasing only the insurance basics is not enough. As the self-storage industry has evolved, so have the risks, and there are specialty coverages that need to be considered. If you don’t want to expose yourself to lawsuits and financial anguish, look into adding the following coverages ...Read more