Our Blog
Insuring Your Stuff in Storage
11/9/2009 8:15:54 AM
"We
will have to place items in a self storage facility for approximately
six months while our new home is being built. Does the homeowners
policy cover these items or do we need to obtain more specific
coverage?"
As long as there is a homeowners policy in place on the current residence, or a tenant's policy if an apartment, you should be OK. Subject to certain restrictions, personal property owned or used by an insured is covered worldwide.
But your issues may not stop with your property, there are also a number of liability and contractual exposures to consider, so while the homeowners policy provides broad coverage for insureds in most storage-related situations, there are certain specific exposures that are not covered.
At Eastern Insurors, we can point out potential gaps in coverage and make appropriate recommendations to insureds when reviewing their personal insurance.
Call us today for a no-cost review.
As long as there is a homeowners policy in place on the current residence, or a tenant's policy if an apartment, you should be OK. Subject to certain restrictions, personal property owned or used by an insured is covered worldwide.
But your issues may not stop with your property, there are also a number of liability and contractual exposures to consider, so while the homeowners policy provides broad coverage for insureds in most storage-related situations, there are certain specific exposures that are not covered.
At Eastern Insurors, we can point out potential gaps in coverage and make appropriate recommendations to insureds when reviewing their personal insurance.
Call us today for a no-cost review.
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