Can I Rent a Self Storage Unit Without Insurance?

Self storage units help people and businesses lock up their belongings and keep them sheltered from the elements. It just makes sense to add another layer of protection with storage unit insurance. But if your budget is tight or you already have homeowners or renters insurance, do you really need a separate policy? Access Self Storage has been happy to help many customers with their storage needs, including making sense of storage tenant insurance requirements.

Who’s Responsible for Property Loss?

Although Access Self Storage strives to enhance security at every opportunity, we aren’t responsible for damage to items stored at our facilities. That’s why, just as many apartment dwellers must show proof of renters insurance, we require tenants to obtain storage insurance. We recommend asking the insurer handling your homeowners or renters insurance policy whether items kept in self storage units are covered. We’re glad to help with your general questions, but keep in mind our staff is not qualified to assess what’s covered in these policies. We do offer affordable storage insurance policies as a convenience for our customers.

Do I Need Storage Unit Insurance?

Many people don’t think about what would happen in the unlikely event of a break-in or some other scenario in which their belongings could be damaged. While rare, these situations can be costly if you’re not protected. Even if you only need a short-term storage unit rental, it’s a good idea to safeguard your things against theft, damage, or loss. Extreme weather in particular can wreak havoc on even the best-built structures. And, though a good combination disc padlock and an excellent security system go a long way toward preventing theft, determined burglars can be surprisingly resourceful.

Other Considerations

When insuring the contents of their self storage units, there are plenty of factors tenants may not be aware of. That’s why it’s always a good idea to read the fine print in your policy and ask for clarification on any unclear details. For example, even renters and homeowners insurance policies may not cover high-dollar items; you can purchase a separate policy for these. Some types of natural disasters aren’t covered by these policies, either. Ask your agent if floods, earthquakes, and other catastrophes are included in your coverage.

It’s especially important to find out how inventory is handled. Your insurer will need proof of the contents of your unit, so be sure you’re clear on whether you’ll need to send a photo, video, or inventory list each time you remove or place an item in storage.

How Much is Storage Unit Insurance?

As your local self storage provider, we are not a licensed insurance provider or agent in any way. Rather, we can set you up with a supplementary insurance plan that is simple to add at the time of your storage unit rental. The cost starts as low as $12 per month and is built into your monthly payments. Have questions? Read more about our storage tenant insurance program—administered by Xercor Insurance Services LLC.

Does Homeowners Insurance Cover Storage Units?

Yes, homeowners insurance typically covers storage units under off-premises personal property coverage, but with limits—usually 10% of your total personal property coverage. It protects against perils like fire, theft, and vandalism but often excludes floods, earthquakes, and pest damage. High-value items may have sub-limits, requiring additional coverage. If your policy’s limit is too low, you can purchase storage insurance through your provider or the facility. Always review your policy and consider extra coverage for valuable or fragile belongings.

Ensure Your Belongings Are Covered with Access

Whether the contents of your storage unit are protected by your homeowners insurance or you need to purchase a new policy, safeguarding your stuff is a must for both financial reasons and your peace of mind. Fortunately, Access Self Storage offers storage insurance to meet your needs.

If you’re in need of convenient storage near you, reserve a unit online anytime or get in touch with us today!