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Storage Units: Are you covered?

Twice this week I had Storage Unit related questions.  and then I came across this article from Trusted Choice.

What it boils down to is this:

Your homeowner’s policy offers you worldwide coverage for your personal contents.  HOWEVER, items stored at a separate location are covered up to 10% of your total contents coverage.

If you have $250,000 contents coverage on your homeowner’s policy, you would only have UP TO $25,000 coverage for your items in storage.

It’s essential to have a solid inventory of all your personal belongings and their value to make sure that you’re covered in the event of a catastrophe.  And if more than 10% of your contents is in storage, maybe it’s time to re-evaluate how much contents coverage you need, or whether everything needs to be in storage in the first place.

The Article from Trusted Choice can be found HERE.


One comment on “Storage Units: Are you covered?

  1. […] Storage Units: Are you covered? (myinstraining.wordpress.com) Share this:FacebookTwitterPrintEmailLike this:LikeBe the first to like this. […]

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