What is storage unit insurance and do I need it?

What is storage unit insurance and do I need it?

Storage unit insurance protects your belongings in case of theft, damage, or loss. It's not always required, but it's highly recommended.

What types of coverage are available for storage unit insurance?

There are typically two types: actual cash value, which covers the depreciated value of items, and replacement cost, which covers the full cost to replace them.

How can I purchase storage unit insurance?

You can purchase it through your storage facility, an insurance company, or even as an add-on to your renters or homeowners insurance.

What should I consider when choosing a storage unit insurance policy?

Consider the value of your items, the type of coverage you need, deductibles, and the policy limits.

Are there any exclusions I should be aware of?

Yes, common exclusions include items like cash, jewelry, and certain collectibles. Always read the policy details carefully.