Storage Facilities

The Liabilities of Storing Other People’s Belongings

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Owners of storage facilities face unique risks. Owens Group has both expertise, and access to specialized insurance programs designed to meet the needs of storage facilities.

A standard commercial insurance contract does not typically cover some of the risks associated with storage facilities. In addition to the core Property and Liability coverage, does your current policy cover the following types of losses?

Lockout of Customer’s Goods / Sale and Disposal
Provides protection against claims of negligent acts relating to the lockout, removal, disposal or sale of a customer’s property. Coverage for defense of allegations is included.

Legal Liability for Customer’s Goods
Provides protection against, damage to, or loss of a customer’s personal property, for which you may be legally liable. Coverage for defense of allegations is included.

Limited Pollutant Clean-Up and Removal
Provides coverage for the cost of the removal of pollutants from a storage unit, when required by a statutory authority.

For an in-depth review of your current insurance program and a complete assessment of your needs, please contact us.