The fact is, Tenant Property Protection is smarter than insurance. Because unlike complicated insurance programs that require self-storage owners and managers to obtain licensing, attend classes, have their fingerprints taken, submit to background checks, and buy costly errors and omissions coverage (they actually have to have insurance for their insurance), our tenant property protection plan is remarkably simple. Best of all, when it’s claim time, we don’t hit your tenants with a pile of exclusions and “other insurance” nonsense.
They’re covered. And you’re the hero. We told you it was simple.
Storage property protection plans have become so popular with owner/operators and tenants that some insurance providers – and even some of the largest operators in self-storage – are trying to hide their outdated insurance products by naming them Self-Storage “Protection Plans.” They’re hoping that tenants using self-storage won’t notice that it’s still just insurance. What tenants tend to notice most is when the unexpected happens and it’s time for a claim. Tenants with insurance have to jump through hoops, deal with depreciation, complicated forms, and timelines that can take months. With a Tenant Property Protection plan, there is no deductible and claims, on average, are settled within a 72-hour target timeframe. Sign up with TPP and say, “R.I.P. Insurance!”