When I was a teen I had severe depression and a suicide attempt on my medical records. Since being an adult there is none of that and I am healthy and thriving. Will this affect my husband and I ...
yeah, its all in the main one Additional Details It's all virtual for one of my classes, but i'm supposed to find out if workmans compensation would cover them if they died on ...
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Hi. I'm having issues with a collections agency trying to collect on a bill I had last year. I was under my husbands (now ex husband) insurance. I think this cost should have been covered by the ...
tippy
My husband owns a moving co. and he wants to build a storage unit. The insurance is way too high. Any ideas?
Additional Details I've heard people transfer home insurance to their goods in storage. How does this work - is the building only insured for fire, etc. and the goods are covered by home insurance?
Is he building the storage unit for his business on his business premises for his own use? If yes, then your business insurance needs to include the storage unit and the contents as covered property.
If no, and you are going to rent the unit out to others, then you need to include only the storage unit as covered property. The contents will automatically be excluded as it is not yours.
If you are building a storage unit on your property that you live on, then your homeowner's policy should automatically pick up coverage and it should also include coverage for your contents inside the storage unit as well.
If someone rents a storage unit, they usually have coverage for their own property inside the unit through the homeowner's policy.
Kind of confusing, but call your agent and ask them what kind of coverage you currently have and if it will pick up the coverage you need.
fr_chuck
What type of storage unit.
Normally the material you store for others is not insured by the storage company.
But if the insurance is way to high, either you have not conisdered all the income properly or are not charging high enough income.
Storagge areas either commerical or self are some of the highest profit areas when managed properly.
Perhaps as suggested you check on other insurance companies. and sit down and figure exactly what insurance you need
Big Jay 7
shop around for lower insurance
robin_baker_uk
By a field and buy a whole load of surplus shipping containers. Charge low rates but advise people that they must insure their own belongings that you will not be responsible for damage, fire, theft etc.
QuestionWyrm
Why don't you lease storage space from another company? It seems like you'd save insurance wise by letting them deal with it?
ishkodenini
either lease an empty building and make a portion self storage or approach a local corparation to manage their inventory ahh now ure catching on everybodys paying and u defer some cost as well people pay me for this
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