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Tenant Storage Insurance For Your Stuff

If it’s worth storing, it’s worth insuring.

The Gran Park Self Storage proudly offers Tenant Storage Insurance to new and existing customers. The insurance offered is a month to month policy with the premium paid along with your rent. While The Self Storage Depot doesn’t require our customers to carry insurance to protect their property, we strongly recommend it because though we do our best to protect our property, we are not responsible for the contents of your storage unit. Our insurance program, offered through an affiliation with The Bader Company, is specifically designed for self-storage.

The Tenant Insurance Program has three standard levels of coverage for our valued tenants. They are as follows:

  • $8 a month for $2000 insurance coverage
  • $12 a month for $3000 insurance coverage
  • $20 a month for $5000 insurance coverage
  • Over $5000 in coverage will be quoted individually

Frequently Asked Questions About Tenant Storage Insurance

Q. What does this insurance cover?
A. It protects you against damage to, or loss of, your property from 32 different causes, including fire, earthquake, water Damage, and burglary. There are some qualifications and exclusions. A copy of the Certificate of Insurance or Policy is available at The Gran Park Storage office.
Q. Won't my homeowners insurance cover my property?
A. You may opt to use your homeowners or renters insurance, however many of these policies provide limited coverage for property stored in self-storage. Please check with your insurance agent to see if it will be in your best interest to utilize your policy.
Additionally, many homeowners and renter policies have steep deductibles (typically $1000-$3000) that can persuade you not to file a claim if the unfortunate happens, and many times filing a claim can raise your monthly premium or worse – cancel your policy all together.
Q. What type of property is eligible for coverage?
A. Almost any personal or business property you store is eligible for coverage. Some of the exceptions are items such as accounts, bills, firearms, currency, deeds, evidences of debt, securities, money, notes, animals, jewelry, watches, precious or semi-precious stones, furs and garments trimmed in fur.
Q. Is flooding covered?
A. As with regular homeowner’s policies, damage from flood or rising water is not covered. Flood insurance is available from the Federal Government.
Q. What is the maximum amount of coverage offered?
A. The maximum amount of insurance that can be provided is $20,000 per insured. All property in excess of $5,000 requires pre-approval. Call the Gran Park Storage at (772) 781.3733 for information.
Q. When does my coverage start?
A. Coverage starts when you complete and sign the Enrollment Form and pay your first month’s premium. Your property is also covered while in transit to, and within 100 miles of the storage facility.
Q. When will my insurance expire?
A. This is a pay-as-you-go, monthly renewable policy. Your coverage continues as long as you pay your monthly rental rate and insurance premium. You may terminate your lease and/or your coverage at any time.
 
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