Looking for Storage Insurance?
Protect your storage business from tenant property damage, facility liability, fire damage, and theft claims. Get coverage for self-storage facilities, warehouse storage, and climate-controlled storage operations.
What is Storage Insurance?
Storage facility insurance protects operations from tenant property damage, facility liability, fire, and theft. Coverage includes general liability, property insurance, and tenant storage coverage. Lenders, tenants, and municipalities require proof of insurance before financing, rental agreements, or permits.
Facility Liability
Coverage for tenant injuries and property damage at storage facilities.
Property Protection:
Protects buildings, security systems, and facility assets from damage.
Tenant Storage:
Optional coverage for stored tenant property from covered perils.
Certificates:
Fast proof for lenders, tenants, and municipalities.
Who Needs Storage Insurance?
- Self-Storage Facilities : Businesses requiring specialized insurance coverage
- Warehouse Storage Operations : Businesses requiring specialized insurance coverage
- Climate-Controlled Storage : Businesses requiring specialized insurance coverage
- Vehicle Storage Facilities : Businesses requiring specialized insurance coverage
Why Harper?
Storage Facility Expertise
We understand storage operation risks—tenant disputes, fire damage, theft claims, and facility liability. Get coverage for self-storage, warehouse storage, or specialty storage operations.
Fast Proof for Lenders
Lenders financing storage facilities require comprehensive insurance. We deliver certificates quickly for financing compliance.
Clear Simple Guidance
We explain facility liability, property coverage, and tenant storage insurance clearly.
Tailored to Your Facility
Match coverage to your storage—self-storage units, warehouse storage, climate-controlled, RV/boat storage, or document storage.
Frequently Asked Questions
What insurance do storage facilities need?
Storage facilities need general liability for tenant injuries on property, property insurance for buildings and facility improvements, and equipment coverage for security systems, gates, and elevators. Business interruption protects revenue during facility repairs, while crime coverage addresses employee theft. Optional bailee's or warehouse legal liability covers stored tenant property, though most facilities disclaim liability and require tenants to maintain their own insurance.
Is storage facility insurance required?
Lenders financing storage facility purchases or construction require comprehensive property insurance and general liability coverage as loan conditions. Municipalities require general liability for business licensing. While facilities typically aren't required to insure tenant property (rental agreements disclaim this liability), some facilities offer tenant storage insurance as an additional service or revenue stream.
How much does storage insurance cost?
Small self-storage facilities with 50-100 units pay $5,000–$15,000 annually for basic property and liability coverage. Mid-sized facilities with 200-500 units pay $15,000 to $40,000+ annually. Large multi-facility storage operations pay $50,000 to $200,000+ annually. Costs depend on facility value, number of units, climate-controlled versus standard storage, security systems, fire suppression, location, claims history, and whether offering tenant storage coverage.
Does insurance cover tenant property?
Standard storage facility insurance typically does NOT cover tenant property stored in units—rental agreements usually disclaim this liability and require tenants to maintain their own insurance. However, facilities can purchase warehouse legal liability or bailee's coverage for tenant property if they choose to offer this protection. This coverage is expensive and comes with significant limitations, so most facilities instead offer tenant insurance programs as an add-on service.
Does insurance cover storage facility fires?
Property insurance covers fire damage to storage facility buildings, but self-storage faces elevated fire risk due to combustible stored items, limited fire access to individual units, and sometimes tenant negligence. Insurers often require fire-rated construction, sprinkler systems, fire lanes, and sometimes a prohibition on certain stored items (propane, chemicals). Facilities without adequate fire protection may face coverage limitations, high deductibles, or difficulty obtaining coverage.
Can facilities require tenant insurance?
Yes, storage facility rental agreements can require tenants to maintain their own property insurance covering stored belongings and require the facility be added as additional insured. Many facilities partner with tenant insurance providers to offer convenient coverage at move-in. While enforcement is challenging, requiring tenant insurance helps protect facilities from disputes over damaged or stolen property and educates tenants that the facility isn't responsible for their belongings.