Self Storage
Insurance Program

Commercial Insurance Package

Altruis Group has developed a specialized insurance solution for the owners and operators of Self Storage facilities. With the industry growing so rapidly, it is important to make sure the risks owners and operators face are effectively covered at a fair price. Altruis Group has full binding authority for this program. Our firm will underwrite and price your risks directly.


Please use the button below to submit an application or get in contact with us regarding the insurance for your facility.

Submit a Risk
Application For Insurance
SOV Template

Target Classes of Business

Self Storage Facilities

Facilities originally designed for Self Storage

Converted Self Storage Facilities

Facilities that have been renovated to operate as Self Storage Facilities

RV and Boat Storage

Facilities that engage in the storing of customer's boats and RVs

Program Underwriting Guidelines & Highlights

  • All states except Alaska and Hawaii eligible
  • Policies written on A- (Excellent) paper
  • Commercial Property coverage up to $5 million in TIV per location (higher limits available upon request)
  • General Liability coverage options of $1 million per occurrence and $2 million aggregate or $2 million per occurrence $4 million aggregate
  • Deductible Options of $1,000, $3,000, $5,000 and $10,000 (larger deductible options available upon request)
  • Hired and Non-Owned Auto, Workers Compensation, Cyber, Equipment Breakdown, EPLI, Inland Marine, Earthquake and Flood coverage provided upon request
  • Coverage for Backup of Water Drains and Sewer
  • Individual risk driven rates for market competitive pricing
  • Long- term partnership approach
  • Multi site account capabilities

Coverages

Property
Ensures the longevity of the bricks and mortar at your facility posed by various commonly experienced perils.
General Liability
Provides coverage for the liability that you bear by allowing independent third parties to access your facility.

Additional Coverages

Business Auto

Autos owned by the facility that are operated on site

Worker’s Compenstation

Insurance solution to protect
on- site employees

Cyber

Electronic data breach and basic cyber exposures

Inland Marine

Equipment such as forklifts and small power machines operated on site

Earthquake

Losses to property directly caused by seismic activity

Flood

Losses to property directly caused by flood

Policy Features

  • Property and General Liability
  • Capacity for larger limit and extended coverage enhancements
  • Credits available for multiple locations and membership to a franchise or association
  • Coverage for Customer Goods and Sales and Disposal Legal Liability
  • Earthquake and Flood add-on capacity

Resources

Storage Program Brochure
Altruis Group Overview
Application For Insurance
SOV Application

Contact

Underwriting

Jason Beneducci
(561) 589 3092
jasonbeneducci@altruisgroup.com

Sales

Joseph Beneducci
(561) 589 3093
josephbeneducciiv@altruisgroup.com

ADDRESS

700 S. Rosemary Ave
Suite 204 - 461
West Palm Beach, FL 33401

© 2023 Altruis Group. All Rights Reserved.