Whether or not a lease is specific in this regard, self-storage space rental firms, in general, advise householders that the lessor's property insurance is limited to the building and that they should look to their homeowners policies for coverage of temporarily stored household furnishings and other personal property. With this in mind, and in light of the widespread building of new self-storage facilities and the growing demand for them, it is likely that insureds will be calling those who provide their homeowners insurance to confirm protection under their policies. Coverage of homeowners policies, in general, applies to covered property anywhere in the world, subject to reasonable limitations. Thus, Section I coverage for loss of or damage to personal property and Section II coverage for personal liability apply at a self-storage facility. Questions may arise over the storage of certain types of personal property.
Lawn mowers are a good example.
Perils covered are those applicable under Coverage at the residence premises described in the applicable homeowners policy. They are named perils in the vast majority of policies. Particularly significant where heavy items are stored in multilevel storage buildings, loss to contents caused by building collapse from specified causes is covered. Special limits of liability applicable to Coverage must be noted. They are often stored, especially when people move from one residence location to another.