does renters insurance cover storage unitsRenter's insurance serves as a valuable financial safety net for tenants. But what about your possessions when they're stored off-site in a storage unit? The good news is that many renter's insurance policies extend coverage to items stored in storage units, providing protection against a wide range of potential risks.

Most renter's insurance policies cover personal property both inside and outside your rented residence. This means that items you've stashed away in a storage unit can typically benefit from the same protections as if they were still in your apartment or house. However, there are some things to consider, such as policy limits and specific terms and conditions.

Do Storage Companies Offer Insurance, and Is It Worth It?

Storage companies often provide insurance options to customers, allowing you to purchase coverage directly through them. While this may seem convenient, it's essential to weigh the pros and cons. Storage facility insurance can be more expensive than extending your renter's insurance coverage, and it may have limitations in terms of coverage.

It's generally more cost-effective to rely on your renter's insurance policy to cover your items in storage, but be sure to review the policy terms and conditions carefully. If you have high-value items, it may be worth considering additional coverage options to ensure comprehensive protection.

What Perils Are Covered With Renter's Insurance?

Renter's insurance typically covers a range of perils, and this extends to your items in storage. Common perils covered by renter's insurance can include:

  • Fire
  • Theft
  • Vandalism
  • Pest infestation
  • Fungus and mold
  • Damage from various natural disasters

It's crucial to review your renter's insurance policy to understand what perils are covered and if any exceptions apply. If you're storing particularly valuable items, you might want to consider additional coverage options or riders to address specific risks.

How To Get Coverage for Items in Storage With Renter's Insurance

To ensure your possessions are adequately protected in a storage unit, follow these steps:

  1. Review your current renter's insurance policy: Start by examining your existing policy to determine whether it covers items in storage and what limitations or deductibles apply.
  2. Contact your insurance provider: Reach out to your insurance company or agent to discuss your specific storage needs and clarify any doubts you may have about your coverage.
  3. Consider additional coverage: If you have valuable items that exceed your policy's limits or face unique risks, discuss options like scheduled personal property endorsements or floater policies with your insurer.
  4. Document your items: Create an inventory of the items you plan to store in the unit. This documentation will be invaluable in case you need to make a claim.
  5. Secure your storage unit: Ensure your storage unit is secure, well-maintained, and equipped with appropriate security features.

Jumbo Storage Self-Storage Units in Asheville, NC

Renter's insurance can offer valuable protection for your items in a storage unit, but it's important to understand your policy terms and coverage limitations. By taking the necessary steps to review and enhance your coverage as needed, you can ensure peace of mind and safeguard your possessions, even when they're not within your rented space.

If you are in Asheville, North Carolina, and are considering renting a storage unit, Jumbo Storage offers secure and reliable storage solutions to meet your unique storage needs. Whether you're storing seasonal items, classic cars, RVs, furniture, or valuable possessions, you can count on our facilities to provide a safe environment for your belongings. 

Contact us today for more information, have your questions answered, or rent one of our spacious self-storage units.