Insurance Coverage for Self Storage Units Matters

You have cleaned out the attic, basement, the garage, or you are moving and need to store items you simply do not want to get rid of. Where to go? A self storage Unit facility. Whether it be a car, furniture, or that collection of glassware that has been collecting dust, are your items covered by the storage company’s insurance policy?

When you rent out a self storage unit, you are basically renting a room. You do not live in this room, but your items have a place there. You have a contract or policy to follow, pay on the storage unit every month and you have access to your items to take out or add more when you want. Some facilities offer you a basic coverage in case of theft or fire and you pay a small extra fee every month, but does their insurance cover the cost of your items if they need to be replaced?

Just like getting coverage for you personal items with renters insurance, self storage insurance is similar. You need to determine what insurance coverage you need by figuring out how much the items you are storing are worth. If the storage facility has the coverage you need there is no reason to purchase more. If you have items that are worth more money, a house full of furniture, etc then purchasing a policy for more coverage would be wise.

When you are looking for coverage, figure how much it would cost to replace your items. Make a list of what you have, and write down on the list serial numbers if available and keep your list and receipts for any purchases if you have them in a folder. As you add or take out of the storage unit, go back to your list and make the necessary changes. Make sure your policy will cover you for anything that can happen to your property such as theft, fire, flooding and more.

Call us today to get your questions answered. 863-453-3903

or visit our website budgetbirite.com fill out the form and we will have an agent contact you within 24 hours.

We find insurance that meets every budget!

Ashley Bishop Owner/Agent

Budget Bi Rite Insurance, Inc

Serving all of Florida

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Home or Apartment Tips for the Renter

In the past few years with the Real Estate Market downward spiral, many people are either forced by foreclosure or choose to rent. The rules have changed and purchasing a home is not as easy as it was before.

There are many homes for sale, and at cheap prices. Foreclosures have been unfortunately abundant in the past few years, and many now may need upgrading and repairs.Employment is getting easier, but if you had a foreclosure, your credit score is down. Without a great credit score and a couple years of stable employment, you chances of purchasing a home and getting a loan is not that great.

Renting an apartment or home is on the rise and actually more affordable at this time then making an investment that well, could take a lot longer to fulfill then before. Instead of coming up with thousands of dollars for closing, inspections, an appraisal and more, you only have to come up with a few for your firsts months rent, last months rent and a security deposit. Yes, your credit may be checked depending on the landlord and a call to your job.Of coarse the owner of the rental is looking for dependable renters that will fulfill a contract and be more flexible then a bank.

If you are looking to rent, check over your lease and the property you are considering carefully. Get everything in writing, from repairs that may need to be done, to how long your lease is for.

Check the lease to be sure how much it may cost you for pets. Do they allow a relative or friend to visit for more then two weeks. Yes, if you have someone stay with you, some contracts have stipulations on how long they can stay before being considered a renter themselves on your property and could cost your more money. For pets, a separate deposit is usually required and more a month for little fido or kitty.

There are many benefits to renting when it comes to repairs. The air conditioner goes out, need a new fridge or the roof needs repair. It is your landlords responsibility and while you may be inconvenienced for a short time, you are not putting out the money for these repairs.

In today’s economy, renting is a popular option but as convenient as it is you should know your rights and make sure your personal belongings are covered.Click Here for more information on the importance of Rental Insurance.

Call us today to get your questions answered. 863-453-3903

or visit our website BudgetBiRite.com fill out the form and we will have an agent contact you within 24 hours.

We find insurance that meets every budget!
Ask us about deductibles as low as $100.00.

Ashley Bishop Owner/Agent

Budget Bi Rite Insurance, Inc

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