What insurance do I need for storage?

For storage unit, you need self-storage insurance or renters insurance that covers stored belongings against theft, fire, water damage, and other perils, as most storage facilities require proof of insurance and do not cover your items under their insurance. Types of insurance needed include self-storage insurance, also called storage unit insurance, which is specialized policy covering personal property in storage unit, typically covering theft, fire, vandalism, windstorm, and sometimes water damage, but often excluding flood, earthquake, and mold unless added, cost is around 10 to 30 dollars per month for 5000 to 10000 dollars coverage. Alternatively, your existing renters insurance or homeowners insurance may already cover belongings in storage unit up to percentage of total policy, usually 10 percent of personal property coverage, so check with insurer if your renters insurance extends to storage, which may be cheaper. For vehicle storage, you need comprehensive auto insurance plus storage insurance. For valuable items like art or electronics, you may need additional scheduled coverage. Facility may offer their own insurance at rental office, but compare coverage. You need insurance that covers replacement value, not just actual cash value. So you need either dedicated storage insurance or renters or homeowners insurance that covers off-premises storage, ensuring coverage for theft, fire, and damage, and check exclusions for climate-related damage, as non-climate units have higher risk, similar to protecting tools in waterproof Packout boxes.