When it comes to protecting your belongings, self-storage units do a great job. At Elite Self Storage, we provide individualized keypad access, security cameras, and friendly customer service to help keep your items secure. Our facilities feature well-lit grounds, monitored security systems, and convenient access for tenants.
While self-storage is a secure option for storing your belongings, there is always a slight chance of unexpected events such as fire, theft, severe weather, or other natural disasters. That's why storage insurance is an important part of protecting your investment.
Whether you're looking for storage in Edmonton AB or storage in St. Albert AB, understanding your insurance options can help provide peace of mind while your belongings are in storage.
Your stored items should be covered by some form of insurance. Your first step should be to check whether your homeowner's or renter's insurance policy extends coverage to items stored outside your home or apartment.
We recommend obtaining tenant insurance for your storage unit, as landlords often require it as a condition of renting.
Here are some common questions about storage insurance:
Why is storage insurance necessary?
Reasons to consider storage insurance.
Will my current homeowner's or renter's insurance policy work?
Should I purchase the insurance offered by the storage facility?
What is not covered?
You may not realize that property stored in a self-storage unit may not be covered by the storage facility in the event of loss or damage. Because of this, we recommend having adequate insurance coverage for your personal property.
Some homeowners and renters insurance policies provide limited off-premises coverage and may apply only for a short period.
Having storage insurance provides peace of mind. Storage insurance can help repair, replace, or reimburse you for items that are damaged while in storage. Coverage often includes protection against fire, smoke damage, lightning, theft, vandalism, and certain types of water damage.
Affordable storage insurance options can help protect your belongings without significantly increasing your monthly expenses.
Even though storage facilities offer strong security measures, there are still reasons to consider additional coverage.
Some belongings may have significant financial or sentimental value. Weather-related events, accidental damage, or theft can occur despite the best precautions. Insurance helps provide an added layer of protection for those important items.
If you're storing furniture, electronics, family keepsakes, or business inventory, coverage can help reduce the financial impact of an unexpected loss.
For added protection, many customers choose climate controlled storage units when storing valuable or temperature-sensitive belongings.
If you already have homeowner's or renter's insurance, contact your insurance provider to determine whether your policy includes off-premises coverage for items stored in a storage unit.
Carefully review the details of your policy to understand:
Coverage limits
Deductibles
Exclusions
Claim requirements
Your policy may have limits on off-site storage coverage. It's also important to remember that filing a claim could potentially impact future insurance premiums.
Homeowner's insurance typically covers personal property such as clothing, furniture, appliances, and electronics, but coverage amounts can vary. Make sure you have enough protection for both your home and any items stored.
Many storage companies work with preferred insurance providers and can help connect customers with affordable storage insurance options.
Storage Shield is a low-cost insurance program that allows customers to choose the level of protection they need. Coverage may include protection against fire, water damage, burglary, wind damage, and other covered events.
For example, coverage can be available for as little as $16 per month for $10,000 worth of protection.
At Elite Self Storage South Edmonton and Elite Self Storage Riel Park in St. Albert, insurance is mandatory. If your homeowner's policy already provides coverage, simply provide a copy of your certificate of insurance within 30 days and the insurance fee can be waived.
Climate controlled storage units are ideal for storing some of your most valuable belongings, but there are still items that may not be covered by storage insurance policies.
Many policies exclude:
Artwork
Jewelry
Collectibles
Furs
Cash
For high-value items such as jewelry, collectibles, and cash, consider using a bank safety deposit box instead of a storage unit.
Damage caused by insects, rodents, or other pests is also commonly excluded. It is always a good idea to ask about pest-control programs when choosing a storage facility.
At Elite Self Storage, we work with professional pest-control providers to help maintain our facilities and protect customer belongings.
As with any insurance policy, take the time to read the fine print. You may need additional coverage or a separate rider policy for certain high-value items.
Self-storage insurance is an affordable way to add another layer of protection for your stored belongings. Whether you're storing household goods, seasonal items, business inventory, or furniture, the right coverage can provide valuable peace of mind.
At Elite Self Storage, we want every customer to have a positive storage experience. Whether you're looking for storage in Edmonton AB or storage in St. Albert AB, our team is here to help you find the right unit and explain your available insurance options.
For more information about unheated drive-up storage units, climate controlled storage, and affordable storage insurance options, call 780-347-0433 today or reserve your storage unit online.
Our storage facilities proudly serve customers throughout Edmonton, South Edmonton, St. Albert, and surrounding communities.
