Yes, but only vehicles. Yes, but only lawn and garden equipment. Generally, both homeowners and tenants insurance cover property placed in a storage facility, subject to the terms and conditions of the policy. Besides having your own coverage, it is a good idea to inquire about coverage provided by the storage company.
Individual companies regulate themselves d .
Insurance company rates are reviewed and controlled by state regulators. Besides helping to assure that policies are not overpriced, regulators check to see that rates are not set too low. The concern is that if a lot of carriers suffer heavy losses in a particular line of insurance, they may stop selling it. Such a situation would be detrimental to consumers. All Rights Reserved.