Insurance for Storage Facilities
The Storage Facilities Insurance program from Ryan Specialty National Programs offers tailored protection for a wide range of self-storage operations. Designed for agents and brokers seeking a competitive and flexible solution, this program covers traditional and non-traditional storage risks—including those located in coastal or wind-prone areas.
Whether your client operates a large multi-building self-storage facility or a converted warehouse with mixed-use exposures, this program provides robust coverage solutions, including hard-to-place excess liability and pollution options. We also accommodate operations with additional business activities, offering a comprehensive approach to risk management.
Highlights for Storage Facilities
- Available in all 50 states
- Customized policy forms
- Competitive rates and commissions
- Discounts for association members and those offering tenant insurance
- Coverage available for non-storage exposures
- Wind coverage available in coastal zones
Ideal Accounts and Appetite
This program is built to serve a wide variety of storage-related operations, including:
- Traditional self-storage facilities
- Boat and RV storage (limited appetite)
- Converted buildings used for storage
You might have a client who runs a suburban self-storage center with 24/7 keycard access and tenant insurance offerings. Or perhaps a facility housed in a repurposed industrial building with a mix of storage and light retail operations—this program can often accommodate those hybrid exposures.
Coverage Highlights and Advantages
- General Liability – primary limits up to $6M / $7M
- Property – enhanced forms with broader coverage and higher sub-limits
- Cyber Liability
- First-Party Pollutant Removal
- Third-Party Limited Pollution Liability
- Customer’s Property Legal Liability
- Sale and Disposal Liability
- Excess Liability – high-limit options available
- Employment Practices Liability
- Business Income – actual loss sustained basis
This program is non-admitted in all states, providing the flexibility to tailor coverage for unique risks.
Underwriting Notes and Minimum Premiums
Minimum premiums vary by risk and location. Ryan Specialty National Programs requires the following for submission consideration:
- Completed supplemental applications
- Four years of currently valued loss runs
Each submission is underwritten individually, with a focus on understanding your client’s full risk profile—including any ancillary operations.
Territories and Availability
This program is available nationwide, including all 50 states and Washington, D.C. Coastal and wind-prone areas are eligible, and wind coverage can be quoted as needed.
Why Work With Ryan Specialty National Programs
As a specialized program administrator, Ryan Specialty National Programs brings deep expertise in self-storage risks. Our underwriting team understands the nuances of this industry and works closely with agents and brokers to build coverage solutions that address both standard and emerging exposures.
With nationwide reach, flexible underwriting, and value-added enhancements such as pollution, cyber, and tenant liability, this program is designed to help you deliver strong results for your storage facility clients.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Traditional self-storage facilities, converted buildings used for storage, and select boat/RV storage operations are all good fits. Facilities with additional business exposures can also be considered.
Is wind coverage available for coastal properties?
Yes, we can quote wind coverage for facilities located in coastal areas, subject to underwriting review.
Do you offer coverage for non-storage business activities?
Yes, coverage for non-storage exposures may be included as part of the program, depending on the nature of the operations.
What are the submission requirements?
We require completed supplemental applications and four years of currently valued loss runs to begin the underwriting process.
Is this program admitted in any states?
No, this is a non-admitted program available in all 50 states and Washington, D.C.
Need help placing an account? Connect with a market specialist.