Self-storage can be a great way to store items, but it's important to have contents insurance in case something happens to your storage unit or the items you’ve stored. 

This insurance will cover the contents of your storage unit if something happens to the facility or to your storage unit. While contents insurance can be pricey, it is worth it in case something goes wrong with your storage unit.

What you need to know about storage units

Storage units can come in a variety of sizes and prices. Some are cheaper than others, but all have one common purpose, which is to effectively store your belongings. Whether you need a self-storage facility for a few items or a full apartment, there’s a storage unit out there that will suit your needs.

When choosing a self-storage unit, then consider the storage costs Melbourne residents are lucky, as they have access to a number of storage facilities. The cost will vary based on the size of the unit, how many items you intend to store and how long you’ll be storing them for.

Additionally, size matters when it comes to storage. Ensure that the storage unit you’re enquiring about has ample room for your belongings.

Why is content insurance important? 

Content insurance is an important type of insurance to invest in if you own a storage unit. If something happens to your storage unit or your belongings, your insurance might cover the costs of anything that was broken, stolen or misplaced.

Content insurance is designed so it will protect you against any loss that may occur to your storage unit. You can talk to a number of insurance agencies either in-person or online to discuss what level of insurance you need for your storage unit.

Content insurance is also great if your contract states that it can cover any belongings that were stolen or damaged.

What do you need to know about content insurance before buying?

When you are thinking of purchasing content insurance, it is important to talk to the experts about your options. Whether that’s chatting to your bank or an insurance provider, they are the experts on all things insurance and can provide you with sound advice and direction. 

Content insurance can help protect your belongings from being lost or damaged should something happen to your items directly or the storage facility. There are a few things to keep in mind when purchasing this type of insurance, including the cost and coverage you will receive.

Costs for contents insurance can vary depending on the insurance provider and what type of policy you choose. Some policies offer a minimum amount of coverage, while others provide more comprehensive protection. When choosing a policy, make sure to ask about coverages such as third-party damage, loss due to fire and theft.

If you decide to purchase contents insurance, make sure to have a plan in place that meets your specific needs.