Storage Insurance

Insurance Protection for Storage Customers

This insurance coverage is designed to protect your household goods and other property against loss and/or damage due to fire, burglary (by forcible entry), explosion, malicious damage, windstorm, smoke damage, lightning, earthquake, impact (excluding damage caused by vermin, insects – wildlife), riots and strikes, aircraft, water damage, storm and/or tempest and/or rainwater.

The policy will indemnify you for such losses.

Your Responsibility

Self-storage complexes generally do not provide insurance and disclaim liability for damage or loss of your stored property. The point is this: if you want to insure your property against loss due to the above perils, you must provide your own Insurance.

Midland insurance Brokers have prepared this low cost, broad coverage insurance policy for the convenience of storage customers. (Storage insurance can be costly and difficult to obtain through most conventional companies.)

Consider what it would cost to replace the goods you are storing. Just a few major items may have a substantial value. Self Storage Insurance can protect your property and your peace of mind. And, you purchase only the amount of insurance you need for as long as you need it.

To be fully reimbursed for loss or damage, be certain to select a sufficient amount of insurance to cover the maximum loss.

Sum Insured $	to 3 months $	to 6 months $	to 9 months $	to 12 months $
15,000	55	75	98	120
20,000	60	90	121	156
25,000	66	105	145	190
30,000	75	121	173	217
35,000	82	138	190	251
40,000	90	156	220	285
50,000	105	188	268	345

* Minimum premium $55

Policy information

• All applications are subject to approval.
• All premiums must be prepaid.
• Maximum coverage available is$50,000 per space.
• The policy is subject to a 3 month minimum term and $55 minimum premium.

The policy does not cover:

• War, warlike operations, invasion, hostilities, civil war, rebellion.
• Confiscation, requisition or destruction by order of government or statutory authority.
• Nuclear weapons, material, fuel or waste and ionising radiations or contamination by radioactivity there from. Losses which are otherwise recoverable from any other insurance contract.
• Any consequential loss.

There is no coverage provided for currency, deeds, securities, money notes, jewellery, watches, precious stones, furs or garments trimmed with fur, paintings, curios and works of art.

Burglary coverage exists when there are visible signs of forcible entry to your Individual storage space or the building.

Coverage ceases upon removal of insured property from the individual storage space nominated on your proposal form

Excess – $200 – All claims This is only a summary of the details of the policy. Be sure to read the terms, conditions and limitations of the actual policy.