Storage Facility Insurance

What is commercial storage facility insurance?

Use our comparison tool to find a range of cheap quotes for storage facility insurance in moments. If you still have questions, read on to find out the key things to look at when taking out storage facility insurance.

Commercial storage facility insurance is a form of financial cover that helps protects a business or storage facility owner. The facility may be affected by damage, theft, or claims by a customer.

Why do I need commercial storage facility insurance?

Storage facilities may be targeted by thieves or vandals. You may need commercial property insurance to help protect you if something happens to the building. There may be a flood or fire, which means you can’t run your business. Public liability insurance helps protect you when dealing with the public and their belongings. If you have staff, you will probably need employers’ liability cover.

What does commercial storage facility insurance cover?

Each storage facility is different and so is each policy. Most policies cover situations such as theft, accidental damage, and property owners’ liability. It can also cover employers’ liability, legal issues, and the cost of repairs or rebuilding.

How much is commercial storage facility insurance?

Policy prices depend on factors such as the size of the facility, its location, and specific details related to the business. Commercial storage facility insurance can take the value of goods and the amount of time they will be stored into account. Make sure you provide full details of your business to get accurate quotes.

Does my business insurance cover goods in storage?

Most business insurance policies won’t cover long-term off-site storage. Some policies may include on-site storage cover if the location is within a specified area. This is not always guaranteed. It’s important to check the details of any policies you have. You may need additional cover.

Do my storage facility customers need to take out insurance?

It’s not compulsory that your storage space users take out insurance, but it can be a good idea. Property insurance for a storage facility typically covers the cost of damage caused by the storage facility owner. It may not cover customers’ belongings.

What items are not covered in a storage facility?

Each policy will have its own specified allowances. The most commonly prohibited items include flammables, weapons, and animals. Illegal items, and anything that might explode, are usually not covered either.

Why use Quotezone to find your commercial storage facility insurance?

At Quotezone, we provide fully independent quotes so you can compare them and save money. When you find the storage facility insurance quote that suits your needs, you can accept the quote by clicking on it.