Insure Your Stuff in a Self-Storage Unit
A wanna-be fulltimer posted this query on an internet forum:
"We are planning to RV full time for about a year. When our home sells, we will place our personal effects ( furniture, etc) in storage and go on the road. Our problem is that our insurance company will not insure our goods when they are placed in storage. As long as we have a house, our homeowners insurance covers the items in storage, but as soon as we sell the home it stops. We were offered insurance through the storage company, but it was very expensive."
What’s a fellow to do? Many wanna-be fulltimers face similar decisions: Unsure if they’ll really enjoy the lifestyle, they don’t want to burn their bridges, so they hang on to various possessions and see how things develop.
Depending on what "very expensive" is in your book, we were able to set up a scenario wherein an RVer in Arizona wanted to insure his storage unit items for $10,000. An insurance brokerage agency got us a quote for $50 a month. If that’s not expensive, it may be a way to give you peace of mind. Here’s a link to TenantOne.
"We are planning to RV full time for about a year. When our home sells, we will place our personal effects ( furniture, etc) in storage and go on the road. Our problem is that our insurance company will not insure our goods when they are placed in storage. As long as we have a house, our homeowners insurance covers the items in storage, but as soon as we sell the home it stops. We were offered insurance through the storage company, but it was very expensive."
What’s a fellow to do? Many wanna-be fulltimers face similar decisions: Unsure if they’ll really enjoy the lifestyle, they don’t want to burn their bridges, so they hang on to various possessions and see how things develop.
Depending on what "very expensive" is in your book, we were able to set up a scenario wherein an RVer in Arizona wanted to insure his storage unit items for $10,000. An insurance brokerage agency got us a quote for $50 a month. If that’s not expensive, it may be a way to give you peace of mind. Here’s a link to TenantOne.
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1 Comments:
We had the same issue. We solved it by having our sone, who had a renter insurance policy, rent the storage space. His rental policy also extended to cover the strage insurance. Good luck !
By John R, at February 24, 2007 9:06 AM
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