When you sign up for storage insurance through STOCK N LOCK STORAGE, you’ll receive the coverage you need to protect items in storage from the unexpected without affecting any of your current insurance policies. Here’s what you need to know…
You may be able to save quite a bit on the cost of insuring your items by going with a policy offered by your storage facility. For example, the base policy at STOCK N LOCK STORAGE offers $2,000 to $ 20,000 of insurance coverage on your belongings for a monthly fee of $9 to $83.
There’s no need to worry about your monthly homeowners or renters insurance premiums going up when you utilize self-storage insurance with STOCK N LOCK STORAGE. All claims are filed through the storage facility’s insurance company, rather than your own insurance company.
For business owners who may already have an insurance policy that covers equipment and other items being stored in a self-storage unit, you may wish to consider investing in the additional insurance offered by your STOCK N LOCK STORAGE facility. With the supplemental coverage, you can better protect yourself from having to cover the costs of items that may not be covered by your current policy.
MOST COMMON QUESTIONS ABOUT INSURANCE
Am I required to have insurance?
Insurance is required. If your homeowner or renter's insurance does not cover stored items, we can help you sign up with a storage insurance provider.
What is covered by the insurance program?
Insurance provided under the insurance program covers you in case of loss or damage to your stored goods from fire, lightning, windstorm, hail, the weight of ice, snow or sleet, the collapse of the building, smoke or water damage (except for flood), vandalism, malicious mischief, or burglary. For Burglary, there must be visible signs of forced entry and a police report must be filed. We also cover your goods while in transit to and from the storage facility as a result of fire, collision, or vehicle overturn.
What kinds of property is not covered by the insurance program?
Some of the items not covered are as follows: valuable papers, lottery tickets, financial records, electronic data, currency, deeds, securities, stamps, jewelry, watches, precious stones, furs or garments trimmed with fur, firearms, ammunition, and works of art or antiques.
When can I expect to receive my policy?
You will receive proof of coverage upon purchase.
How much of my loss can I recover?
Generally, you can recover today's value of your stored belongings (original cost minus depreciation), up to the amount of insurance coverage you purchased. Some limitations apply. Consult the certificate of insurance for details.
Are my stored possessions covered by my homeowner/renter policy?
Many homeowner/renter policies provide only limited coverage for possessions stored away from the insured location. You should contact your insurance agent or carrier for more specific details on your coverage.
What should I do if I have a claim?
Claims are best filed over the internet utilizing the online claim form which can be accessed by clicking on the 'file a claim' tab on the insurance site. A claims adjuster will personally handle your claim.
Is there a deductible?
In some states, there is a $100 deductible, which is waived if you secured your space with a disk or cylinder style lock.
How do I purchase insurance?
The insurance program is available to purchase at the time of your rental or at any time during your stay with STOCK N LOCK STORAGE.
How may I see a certificate of insurance?
A brochure and certificate of insurance are available for review in your online account. A copy of your certificate will be sent to you for your records.
Unit sizes advertised for rent are approximate only and units at the self-storage facility may differ slightly in shape and/or size. Customers should inspect the actual unit to be rented before signing a rental agreement and should base the decision to rent on the inspection of the unit and not on the advertised unit size. Rental amounts for a particular unit are not based on square footage measurements.