Storage insurance is an important aspect of renting a storage unit.
Renting a storage unit is very similar to renting an apartment. The building owner insures their asset (building), but insuring the contents of the apartment is the responsibility of the tenant. Storage facilities, like Sentinel, are in charge of keeping the building and the unit secure, but are not responsible for what’s inside the unit. Storage renters are strongly encouraged to have content insurance.
“But what can happen?“. Terrible events like the Fort McMurray fire and Calgary floods are an examples of what can happen.
One advantage of being in business for over 40 years is Sentinel has excellent relationships with our insurers. Many years ago, our insurance experts worked with us to create a Customer Insurance Program, at a low monthly cost. For as little as $4 a month, coverage is available and easy to add onto your monthly payment. There is a low $250 deductible. Coverage is based on REPLACEMENT COST, not actual value. Plus, all our plans include $1 million dollars liability coverage for any damage you or your parties may cause while at our facility.
Sentinel strongly recommends that our renters purchase their own insurance for piece of mind. Check your home insurance policy closely as sometimes contents are not insured when they are not in the home.
For more information, please contact one of our friendly storage experts.