Self storage facilities are not responsible for their customer’s belongings while in a storage unit or space, which is why most rental or lease agreements require the customer to have insurance on their belongings.
In an effort to provide convenient, accessible, and affordable insurance, your self storage facility has opted to offer Self Storage Tenant Insurance administered by Xercor Insurance Services LLC to its customers. You can purchase coverage when you sign your lease or rental agreement. It is possible that this coverage may provide duplication of coverage you have through your Homeowners’, Renters’, or other property insurance. Please speak with your insurance agent if you have questions about your existing coverage.
Some of the benefits of Self Storage Tenant Insurance are:
- $500 coverage for damage to your belongings by vermin, rodents, insects, or
- $500 coverage for damage to your belongings by mold, mildew, fungus, and wet or dry rot.
- $1,000 coverage for damage to your belongings caused by Flood or rising water.
It’s convenient and hassle-free. Coverage begins the moment you elect coverage and pay your premium.
This is a general description of the policy features. This is not the insurance policy. For further information or questions regarding the policy, please call or email Xercor Insurance Services LLC at 1-844-769-2904 or info@xercor.com.
Self Storage Tenant Insurance is underwritten by Old Republic Insurance Company, an AM Best A+ Carrier.
**The Xercor Insurance Services option is administered by Xercor Insurance Services LLC (“Xercor”), which is a licensed insurance producer in this Compass Self Storage facility’s state. The insurance is underwritten by Old Republic Insurance Company (“Old Republic”), which is a licensed insurer in this Compass Self Storage facility’s state. The insurance is provided under a Master Policy of insurance issued by Old Republic to the self storage facility owner or operator. If you participate in this insurance program, your coverage will be evidenced by a Certificate of Insurance that will be issued to you. A copy of the Certificate may be obtained at any time by contacting Xercor at 800-492-6116. All questions regarding the Insurance Program should be directed to Xercor. Compass Self Storage, or its affiliates, may benefit financially if you participate in the Xercor Insurance Program. Affiliates of Compass Self Storage have an interest in a reinsurance company that reinsures the risk undertaken by Old Republic under the program. For additional information about the program, please visit www.xercor.com. Policy Form #XIM 00 01 CA License #0L230665.