Print This Page


Named perils - Self Storage Coverage Insuring Agreement


Throughout this policy, "you" and "your" refer to the "insured" shown and "we", "us" and "our" refer to the Company providing this insurance.

The settlement based on Full Value Replacement insurance and Replacement insurance will be the lesser of repair costs, replacement value or as stated on the valued inventory. In the event that an item or its parts cannot be restored to its original condition through repair or replacement, subsequent loss of value is not covered beyond the repair or replacement cost of the item or its parts.

The Insurance Carrier reserves the right to replace the damaged or missing items with items of like kind and quality. If any item of a "set" is lost or damaged, payment is only made for proportionate value of the item damaged, not the entire set.

The Declared Value of the Policy cannot be less than the total value of the goods, including items listed on the high valued inventory form.


The amount of the loss multiplied by the ratio of the amount of insurance purchased (the limit of insurance) to the amount of insurance required (the value of the property on the date of loss multiplied by the coinsurance percentage), less the deductible.


We cover your personal property or the property of others for which you may be liable or have assumed liability prior to a loss, while in storage within the described storage space. Vehicles, trailers or boats in open storage are not insurable under this policy. Amount of Insurance applies separately to each storage space. Individual items with a value of $500 or more must be specifically listed and declared.

Fine Arts, Antiques and High Value items loss is limited to a maximum of $10,000 per item. Total liability per any one certificate is $50,000. All Fine Arts, Antiques and any individual items valued at $500 or greater must be specifically declared and valued at time of purchase.

There will be no coverage for loss or damage to any item unless the premium for the insurance, including premium for all monthly storage extensions, has been received by Storage Insurance, LLC, d/b/a Moving Insurance, LLC.


We cover direct loss to the insured property by the following causes of loss, except as otherwise excluded:

a) Fire or Lightning

b) Explosion of Sonic Boom.

c) Strikes, Riots or Civil Commotion.

d) Aircraft, Self-propelled Missiles or Spacecraft.

e) Vehicles.

f) Smoke.

g) Falling objects, provided the building is first damaged by such falling objects.

h) Vandalism or Malicious Mischief.

i) Earthquake or Volcanic Eruption.

j) Weight of Ice, Snow or Sleet.

k) Collapse of Buildings or any part thereof.

l) Water Damage except as excluded under paragraph (d) exclusions.

m) Sink hole collapse.

n) Burglary, except as excluded under exclusion (e).


We do not insure:

(a) Loss or damage to any item unless the premium for the insurance, including premium for all monthly storage extensions, has been received by S torage Insurance, LLC, d/b/a Moving Insurance, LLC.

(b) Motor vehicles subject to vehicle registration;

(c) Accounts, bills, currency, deeds, evidences of debt, securities, money, notes, animals, jewelry, watches, precious or semi-precious stones, furs or garments trimmed in fur;

(d) Against loss or damage caused by, resulting from, contributed to or aggravated by flood, surface water, waves, tidal water or tidal wave, overflow of streams or other bodies of water, or spray from any of the foregoing, all whether driven by wind or not;

(e) Against burglary, unless it occurred by forcible entry into a securely locked storage space provided there are visible marks of such forcible entry upon the exterior of the storage space. The mere absence of a lock or padlock will not constitute visible marks of forcible entry. Loss under this coverage must be immediately reported to the police department.

(f) Against loss or damage caused by or resulting from wear and tear, gradual deterioration, inherent vice, latent defect, moths, insects, rodents, vermin, mildew, wet or dry rot, atmospheric condition and or changes in temperature; breakage of glass or similar fragile articles; delay, loss of use or market;

(g) War Risk and Governmental Action to the extent set forth in the War Risk and Governmental Action Exclusion;

(h) Nuclear Hazard, to the extent set forth in the Nuclear Hazard Clause.

(i) Plants and living things.

(j) Appraisal fees, shipping charges, sales tax, items having no commercial value, items of sentimental value or property damage, subsequent loss of value is not covered beyond the repair or replacement cost of the item or its parts

(k) Loss or damage to the Self Storage Facility in which the goods are insured at.

(l) Loss or damage due to contributory negligence on the part of the owner and/or their agents. Damages or loss attributed to an act, order, or omission on the part of the insured. This certificate specifically excludes coverage for the following, and any damages caused as a result of these being in the shipment: hazardous materials, items that are flammable, corrosive or explosive; perishables: food, plants or living things that may die or spoil in transit.

(m) Loss or damage due to non payment of rental space, causing a lien sale of goods by the self storage operator.

(n) Mysterious Disappearance

(o) Laptop or tablet computers, mobile or cellular telephones.


All insured goods must be in the care, custody and control of and handled by a Storage Insurance, LLC approved Self Storage Facility.

Insurance will be bound only under the following conditions:

a) Facility has a fence constructed around it with specific and monitored entry points
b) Facility has a central station monitored security and Closed Circuit TV (CCTV) system
c) Facility is constructed of metal or brick materials
d) Facility is located outside flood or coastal areas.

Any goods stored in facilities which do not comply with these requirements will not be covered.


It is understood and agreed that any person authorized by the named assured or shipper to order this insurance is acting as the agent of the Assured and is aware of the certificate terms and conditions. In any case, a customer signed certificate and terms and conditions must be received by Storage Insurance, LLC two days prior to storage date. The Self Storage Facility, nor its' employees, are authorized representatives of the insurance carrier. They are not authorized to sell insurance, provide descriptions of coverage, or accept claims notification from insureds on behalf of the insurance carrier.


All loss or damage arising during the certificate period shall be adjusted in accordance with the valuations and limitation provisions of this certificate and will then be considered the "adjusted claim". From the adjusted claim or the applicable limit of this certificate, whichever is less, the sum stated under the applicable deductible amount shown in Declarations shall be deducted. Insurer shall have no obligations under this form until the claim exceeds the deductible. If no other Deductible is shown in the Declarations, your deductible is $100.


The value of property will be determined at the time of loss and will be the least of the following amounts:

(a) the replacement value of that property;

(b) the cost of reasonably restoring that property to its condition immediately before loss; or

(c) the cost of replacing that property with substantially identical property.


Pairs and Set coverage is not available under this certificate.


If a loss covered by this policy is also covered by other insurance, we will pay only for the amount of covered loss in excess of the amount due from that other insurance, whether you can collect on it or not. We will not pay more than the applicable Amount of Insurance.


CLAIMS MUST BE SUBMITTED IN WRITING TO STORAGEINSURANCE.COM, WITHIN 14 DAYS OF LOSS OCCURRENCE: All claim payments, minus any applicable deductible, will be made in U.S. Dollars.

The notice should include:

(a) how, when and where the loss occurred;

(b) the property involved, and your interest in it; and

(c) the names and addresses of any witnesses. An official claim must be filed via our website in order to be registered as a legitimate claim.

(d) The insurance carrier reserves the right to inspect and verify all reported damages and to require substantiation of any claims amounts, value of items claimed or proof of ownership.


It is the duty of the Assured and their Agents, in all cases, to take such measures as may be reasonable for the purpose of averting or minimizing a loss and to ensure that all rights against carriers, bailees or other third parties are properly preserved and exercised.


This insurance is void in any case of fraud by you relating to it. It is also void if you intentionally conceal or misrepresent a material fact concerning:

(a) this insurance;

(b) the covered property; or

(c) your interest in the covered property.


Before recovering for any loss you will, if requested:

(a) permit us to inspect the damaged property before it is disposed of or repaired;

(b) send us a sworn statement of loss containing the information we request to settle your claim. You must do this within 60 days of our request;

(c) agree to examinations under an oath at our request;

(d) produce others for examination under an oath at our request;

(e) provide us with all pertinent records and reports needed to prove the loss;

(f) cooperate with us in the investigation or settlement of the loss.


If you and we do not agree as to the amount of loss, you and we will each select a competent appraiser within 20 days of receiving a written request from the other. The appraisers will select an umpire. If they do not agree on an umpire within 15 days, either you or we will ask a judge of a court of record of the state in which the appraisal is pending to make the selection. The written agreement of any two will be binding and set the amount of loss. Each party will:

(a) pay its chosen appraiser; and

(b) bear the other expenses of the appraisal and umpire equally.


We will pay or make good any insured loss under this insurance within 60 days after we reach agreement with you, the entry of final judgment or the filing of an arbitration award. We will not be liable for any part of a loss which has been paid or made good by others.


No one may bring legal action against us unless:

(a) there has been full compliance with all terms of this insurance; and

(b) No suit, action, or proceeding for the recovery of any claim under this certificate shall be sustainable in any court of law or equity unless the same be commenced within twelve (12) months next after discovery of loss, provided, however, that by the laws of the state within which this certificate is issued such limitation is invalid, then any such claim shall be void unless such actions, suit or proceedings be commenced within the shortest limit of time permitted by the laws of such state. Any and all legal suits, actions or proceedings must be filed in the state of New Jersey, United States.


If any person or organization to or for whom we make payment under this policy has a right to recover damages from another, that right must be transferred to us. That person or organization must do everything necessary to assist us, and must do nothing after the loss to hinder us in our recovery.


(a) "Nuclear Hazard" means any nuclear reaction, radiation or radioactive contamination, all whether controlled or uncontrolled or however caused, or any consequence of any of these.

(b) Loss caused by the nuclear hazard shall not be considered loss caused by fire, explosion, or smoke, whether these perils are specifically named in or otherwise included within the "Covered Causes of Loss" Clause.

(c) This policy does not apply to loss caused directly or indirectly by nuclear hazard, except that direct loss by fire resulting from nuclear hazard is covered.


This policy shall not apply to loss or damage caused, directly or indirectly, by or due to any act or condition incident to the following:

  1. Hostile or warlike action in time of peace or war, including action in hindering, combating or defending against an actual impending or expected attack,
    1. by any government or sovereign power (de jure or de facto); or by any authority maintaining or using military, naval or air forces; or
    2. by military, naval or air forces; or
    3. by an agent of any such government, power, authority or forces, it being understood that any discharge explosion or use of any weapon of war employing nuclear fission or fusion shall be conclusively presumed to be such a hostile warlike action by such a government, power, authority or forces;
  2. Insurrection, rebellion, revolution, civil war, usurped power, or action taken by governmental authority in hindering, combating or defending against such an occurrence, seizure or destruction under quarantine or customs regulations, confiscation by order of any government or public authority, or risks of contraband or illegal transportation or trade.


The minimum term for this insurance is One

(1) Month and it is not prorated for any lesser time period.


Any statements or Agreements made by the storage facility or its representatives in contradiction to any of the Insurance Agreements contained in this document will not be recognized or endorsed during the Claim settlement process. The Insurance Agreements in this document precludes any verbal or written agreements between the storage facility or its representative and the insured where such agreements violate or conflict with the Insurance Agreements contained in this document.


This policy contains all the agreements between you and us concerning the insurance afforded. Its terms can be amended or waived only by written change authorized by us and made a part of this policy. Notes added to Certificate Summary by the assured can not alter or change coverage in any way.


  1. Cancellation of certificate for any reason must be done under the following conditions:
    1. 48 business hours prior to the effective date of insurance, as indicated on the original certificate.
    2. In writing by fax, letter or e-mail with our receipt acknowledgement.
  2. A $15.00 fee will be assessed to a cancelled certificate.
  3. I acknowledge that the total cost of this policy includes insurers' premium and a Policy Fee to Moving Insurance, LLC's administrative cost and expenses.
  4. In the event the certificate is cancelled, I understand that only the premium is subject to refund, less a $15 cancellation fee.
  5. Non-payment of premium and non-payment of any monthly storage fees will result in immediate cancellation of the coverage. All payments must be received by the time the insurance coverage goes into effect or within 10 days of invoice date; otherwise, coverage is Null and Void.