Do I Need Storage Insurance?
At Edgewater Self Storage insurance or tenant protection is required to rent a unit. You may use an existing homeowner or renters' insurance policy, or you can enroll in our separate coverage though Tenant Property Protection.
What Does Your Protection Plan Cover?
The biggest difference with our Tenant Protection Plan and typical insurance is that we offer no deductible, full replacement cost value, and coverage for more incidents:
Claims with NO DEDUCTIBLE
REPLACEMENT cost for lost goods
Protection against FIRE
Coverage for THEFT
Safeguarding against WINDSTORM
Protection in case of a FIRESTORM
Coverage for WATER damage caused by leaks
RODENT coverage
How Much is Your Protection Plan?
We have multiple options depending on how much coverage you need. Our plans start at $10 per month for $1,000 of coverage, however, if you are interested in a higher plan, they do offer a $2,000 plan for $12/mo or a $3,000 plan for $15/mo and a $23/mo for $5000 of coverage.
Can I Use Homeowners or Renters Insurance?
Homeowners insurance typically covers storage units. However, you should always check the coverage section in your insurance policy to see what’s covered before making a decision. If stored items aren’t covered by your homeowner's insurance, you might benefit from adding coverage with Tenant Property Protection.
Renters insurance usually includes off-premises coverage, which generally includes belongings kept in a storage unit. However, your policy may only offer a percentage of the initial coverage amount or have a high deductible. Supplemental coverage with your insurance provider or through a third-party protection plan might make sense for you in this case.
What If I'm Storing a Vehicle?
At this time, outdoor parking spaces do not require insurance coverage at Edgewater Self Storage. However, we do require carrying your own auto insurance policy for any vehicle that you may store. Our Tenant Property Protection Plan does not currently offer coverage for outdoor vehicle storage.
For Vehicles stored inside an enclosed storage unit, we require auto insurance requirement to give you added protection and peace of mind.