No, storage unit insurance is not mandatory in Florida. However, we recommend that you insure your belongings stored in a self-storage unit since most homeowner’s and renter’s insurance policies do not cover items stored off-premises.
There are many reasons why you should consider insuring your belongings stored in a self-storage unit. First, if your home or apartment is burglarized, your insurance will likely not cover items stolen from an off-site storage unit. Second, even if your storage unit is located on the same property as your home or apartment (such as in a detached garage), it may still be considered a separate structure by your insurance company and therefore excluded from coverage.
Third, most self-storage facilities require that you purchase some form of insurance before renting a storage unit. This is because the facility’s own insurance policy will not cover your belongings – only the building itself in case of fire or other damage that is out of your control.
Finally, self-storage insurance is relatively inexpensive and can give you peace of mind knowing that your belongings are protected against theft, fire, flooding, and other disasters.