Guide
Guide
Guide
Looking for a competitive advantage while generating additional revenue?
Now you can give your tenants peace of mind with affordable protection for their stored goods. It’s easy to implement and it generates additional revenue while increasing your asset value.
Learn how much the World Self Storage Protection Plan could add to your bottom line.
The World Self Storage Protection Plan Is A Tenant Protection Plan—not Insurance. It Is A Contractual Agreement Between The Storage Facility And The Tenant, With The Facility Assuming Limited Responsibility For The Tenant’s Belongings Stored In A Locked Unit. Offering Tenant Protection Has Many Advantages For The Facility Owner.
Plans are inexpensive for owners and tenants and provide the operator with strong profits while increasing asset value.
Protection plans are offered as an addendum to the renter’s lease agreement. It is not a separate insurance policy.
The operator chooses the monthly pricing and sets the plan limits.
Fees are collected with monthly rent and claims are handled by licensed adjusters.
The facility owner offers this protection program to tenants via an addendum to the rental agreement at a monthly rate the owner determines. The tenant simply signs the addendum and pays the monthly fee with their rent.
Sample Revenue Table
| Coverage Amount | Net Profit | Coverage Units | Monthly Revenue |
| $2,000 | $8 | 100 | $800 |
| $3,000 | $13 | 100 | $1,300 |
| $4,000 | $18 | 100 | $1,800 |
The World Self Storage Protection Plan claims process is simple and handled directly by your tenants. In the event of a claim, the tenant completes an incident report and contacts the World Self Storage Protection Plan claims department directly at 888-899-7711.
In the event of theft, a police report needs to be filed as well.