Most of us know that insurance for our primary dwelling often covers the possessions inside of it. However, few of those who rent an additional space in order to store their stuff know that you can actually purchase a policy that will provide some coverage for your things. These policies vary widely in their cost and coverage. Ensure you completely understand your investment in insurance, prior to making your selection. Often, the facilities that provide the service will also have some option for you to use the insurance.
- The monthly cost of storage unit insurance can range from $8 to $38.
- Some homeowner and renter policies cover storage units, but may not cover smoke or water damage.
- Keep an inventory of the items in your storage unit and how much they are worth.
“This article will take a look at a quick guide on understanding storage insurance.”