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Storage units may help consumers keep extra items

Posted On Tue, March 13, 2012

The Insurance Information Institute recently released a report showing that consumers who have too much stuff may want to look at rental storage devices. However, these items need to be properly insured.

When looking for the perfect fit, it is important to make sure the rental venue is secure, according to the report. Also, 24-hour surveillance and security codes could help tremendously. In addition, it should have climate control so nothing gets too warm or cold. Having a place to put items that is clean is also important.

"If an item is valuable enough that you are willing to pay for storing it, the item should be financially protected with the proper amount and type of insurance," said Loretta Worters, vice president for the III. "Even in the best managed storage facilities, theft, fire and other disasters can and do occur."

Consumers who have valuables that they want to make sure are covered may have the luxury of getting home insurance that offers this. Comparing home insurance quotes could give a homeowner something that is sufficient.

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