Commercial Property Insurance
Commercial property insurance covers the physical facility itself — your storage buildings, roll-up doors, climate systems, perimeter fencing, gates, security equipment, signage, and office contents — against fire, wind, hail, vandalism, and other covered perils.
Commercial Property for Self-Storage Operators
Your facility is a major capital asset, and a single fire, windstorm, hail event, or vandalism spree can damage multiple buildings at once. Commercial property insurance pays to repair or rebuild the structures and equipment that make up your operation — the storage buildings and roll-up doors, the climate-control units, the gate and access systems, perimeter fencing and lighting, signage, and the contents of your office.
Self-storage property is best written on a special form (all-risk) basis with adequate blanket limits across multiple buildings, and careful attention to co-insurance so you're not penalized at claim time for underinsuring. In catastrophe-exposed regions, wind/hail and named-storm deductibles are set separately, and we structure them so a major weather event doesn't become an uninsured loss.
Don't Overlook Equipment & Improvements
Gates, keypads, cameras, elevators, and climate systems are expensive to replace and easy to underinsure. We schedule these properly, and pair property coverage with business income so that when a covered loss takes units offline, both the rebuild and the lost rents are protected.
What's Covered
Frequently Asked Questions
Replacement cost is strongly preferred for self-storage buildings — it pays to rebuild at today's costs without depreciation. Actual cash value depreciates the payout and can leave a large gap on an older facility. We quote both so you can compare.
A co-insurance clause requires you to insure the property to a stated percentage of its value (often 80–100%). Underinsure, and the carrier reduces your claim payment proportionally. We help you set accurate building values to avoid a co-insurance penalty.