An individual or family needs storage facilities for one or all of the following reasons:
During relocation when temporary warehousing space is needed to keep some of the goods for a short time.You want to keep some of your valuable goods and important official documents in a safe and secure space.Your home has become overcrowded.
You want to move some to a convenient storage unit, so that they can be accessed whenever needed. The reasons for seeking storage space could be many more, depending on personal needs. Be that as it may, getting the right storage space that offers convenience of use, safety, the right environment, easy accessibility, security and of course affordability can be a challenging task.
One of the important aspects that you have to keep in mind while looking for a storage space is whether it offers you complete peace of mind or whether you still have worry about the fate of your stored goods on a stormy night! For instance, if you hire one of the cheapest storage facilities, located in the shadiest part of the city and manned by dubious looking security guards, you might be putting your expensive china or that imported rug at risk of getting stolen or broken. On the other hand, if you spend a fortune and put all your life’s valuables including deeds, wills, powers of attorney, bank papers, jewels etc in one of the most sought after storage units fitted with the smartest security covers, one more Katrina can bring all your dreams crashing down.
Because of the inherent risks that a storage space carries, perhaps the wisest decision to handle the ambiguity of the situation is to buy the right type of storage insurance. There are plenty of companies selling storage insurance, but before you buy a policy, take a critical look at what you are paying out and what you are getting in return. The kind of coverage, the clauses that govern such coverage, duration of the insurance and so on,
Burglary, lightning, windstorm, hail, fire, smoke, earthquake, building collapse, explosion, vandalism, riot and water damage are some of the areas covered under self-storage insurance policies. Remember, several storage insurance policies provide no coverage for loss or damage caused by floods or tidal waves, etc. If the storage facility is located in a coastal area you could contact the National flood Program of the US government, which offer flood insurance.
While choosing an insurance policy for your stored items, do you have any idea of the items which can not be covered by insurance? These items may not be covered even if you hike the premium or extend the coverage plan. These items include deeds, bills, currency notes, evidence of debt, securities, money, jewelry, watches, precious stones, furs, boats, vehicles and some official or business documents are never covered by any storage insurance. Perhaps for some of the smaller valuables, the bank locker is the safest bet.
