Insurance & Risk Management
Insurance & Risk Management
The Price Of Protection: Coverage Challenges Climb For Carriers And Policyholders
Insurance is one of the highest costs for self-storage facility owners. While it’s always subject to increases, this is especially true with costs rising...
An Eye For Danger: Mitigating Risk In Self-Storage
When you hear the term “risk mitigation,” what comes to mind? “Mitigating risk is really about being aware of your surroundings and if you notice...
Recipe For Disaster: Extreme Weather, COVID-19, And Rising Construction Costs
Natural disasters, COVID-19, and rising construction costs are proving to be the perfect storm, frustrating owners of new self-storage facilities under construction and those...
Insure For Disaster: Protecting Your Investment Against Extreme Weather And Natural Disasters
In 2019, the National Centers for Environmental Information recorded 14 weather and climate disaster events across the United States with losses exceeding $1 billion...
Ella Tayrien
Ella Tayrien, Vice President of Claims, MiniCo Insurance Agency, LLC December is here, bringing with it the possibility of wintry precipitation. And that possibility may...
Single-Source Insurance Protection
Inside MiniCo’s New Workers Compensation Program An employee tries to fix a stuck roll-up door and cuts his hand, requiring a visit to an urgent...
The Importance of a Good Business Owner’s Policy
Recovering from a financial loss arising from a lawsuit or property damage can make it difficult for business owners to find the financial resources...
The Importance of a Good Business Owner’s Policy
Recovering from a financial loss arising from a lawsuit or property damage can make it difficult for business owners to find the financial resources...
MiniCo Insurance Agency Publishes Tenant Insurance Best Practices
To better differentiate the
various financial products targeted to self-storage customers, Phoenix-based
MiniCo Insurance Agency has published a list of best practices for offering
tenant insurance. MiniCo's...
The Road To Recovery
Recuperating From 2017's Natural Disasters Hurricanes Harvey and Irma inundated the Gulf Coast region in 2017, causing billions of dollars in damage. Wildfires indiscriminately scarred...
Profitable Protection
Tenant Insurance Boosts Bottom Line It took the devastation of Hurricane Harvey in Texas to impress upon residents the value of having insurance to protect...
James Appleton, MiniCo Insurance Agency, LLC, Director of Sales, Special Risk
When it comes to customers’ stored belongings, industry
professionals jest that tenants store junk but lose heirlooms. In other words,
the items they place in storage...
Think Outside The Box!
Competing With On-Demand Storage Businesses While the concept of on-demand storage
is not a new one, as PODS (Portable On Demand Storage) was founded in...
Why Offering Tenant Insurance Is Good Customer Service
James Appleton, Director of Sales, Publishing & Special Risk, MiniCo Insurance Agency, LLC There’s a reason people choose to
store their belongings in a self-storage...
Insurance Update
Coming To Terms With Aging Storage Facilities As the self-storage industry matures, the 50,000-plus facilities that house customers’ contents are showing their age. These storage...
It’s Raining Claims!
Obtaining Adequate Roof Insurance The recent cycle of extreme weather has created havoc for residents, businesses, and insurance companies all over the country. Severe wind...
Protect From Peril
Fire Safety Improvements For Self-Storage Facilities In 2015, a website called Becoming Minimalist posted 21 statistics that exposed how materialistic the average U.S. citizen has...
Risk Management: Maintaining Roof Integrity
A focal point of self-storage facility maintenance is the integrity of the roof, especially with respect to preventing water damage claims resulting from roof...
Insuring Profits
Tenant Insurance Flows New Revenue Stream To Bottom Line As self-storage occupancy reaches all-time highs nationwide, operators are eagerly fishing for new revenue streams that...
The Price Of Safety
Fire Code Sparks Costly Change In Charleston, S.C., a memorial,
appropriately called the Charleston Nine site, protects the sacred ground where
the Sofa Super Store, a...
Thinking Outside The Box
Insuring The Most Challenging Properties We have all seen the news reports of businesses and homes damaged by hail, wind, tornadoes, and other severe weather...
Training Is The Key To Tenant Insurance Success
Tenant insurance is one of the oldest insurance products in the self-storage industry. Once viewed as a novelty, the product has evolved over the...
Are You Protected?
Industry Specific Policies Safeguard Owners Against Mishaps, Litigation, And Disasters A manager at a self-storage facility noticed an odd wobble in a roll-up door as...
Publisher's Picks
Blog
Storelocal Hercules – Build to Stand Out
As the demand for self-storage grows, so does the number of buildings popping up that often look like a...
Is It Time for a Self-Storage Renovation?
How To Assess and Plan for Renovations at Your Self-Storage Facility
As any facility owner knows, it’s essential not to...
AZSA 23rd Annual Conference & Trade Show and Golf Tournament
Register for Hotel Here Member Rate - Regular admission is $230 until 2/11/23
February 15-16, 2023
23rd Annual Arizona Self-Storage Conference &...
4 Lessons the Self-Storage Industry Can Learn From Big Brands
Remember when you thought the best instant photos were Polaroids and Sears was the only place to buy appliances?...
The Truth about Self-Storage Lead Aggregators
Over the last decade, the self-storage industry has witnessed the rise and fall of several specialized lead aggregation websites....