With top-rated package coverage, competitive pricing and trusted underwriting expertise, the RPS StorageFirst program helps retail agents readily place coverage for mid-sized to large-sized storage operators across the contiguous US.

Backed by significant in-house authority, the program team can underwrite high TIVs and blanket building limits while providing responsive service and real-world claims expertise to help you protect your clients with confidence.

Program Highlights

  • Admitted A.M. Best A Rated carrier
  • Industry program provider since 1998
  • Experienced underwriting team
  • Professional claims handling
  • Blanket building limits available
  • Low deductibles
  • Available in all states except AK, HI

Target Risks

  • Self-storage facilities
  • Multiple location schedules
  • Multi-story climate-controlled storage buildings
  • Mobile storage
  • Boat and RV storage
  • Self-storage with incidental retail/commercial LRO exposure

Commercial Property Coverages

  • Commercial property
    • Building
    • Business personal property
    • Business/rental income
    • Ordinance or law coverage (where applicable)
    • Agreed value
  • Equipment breakdown up to property limits
    • Spoilage $100K
    • Data restoration $100K
    • Expediting expense $100K
    • Hazardous substances $100K
  • Flood, earthquake and volcanic eruption (where eligible)
  • Wind/hail coverage subject to coastal and catastrophe guidelines
  • Inland marine coverage available
  • Crime coverage property enhancement endorsement: Each max $25K limit
    • Employee dishonesty
    • Money and securities (inside)
    • Money and securities (outside)
    • Forgery and alteration
    • Crime aggregate limit

General Liability Coverages

  • Commercial general liability
    • General aggregate: up to $4M
    • Products/completed operations: up to $4M
    • Each occurrence: up to $2M
    • Personal and advertising injury: up to $2M
    • Fire damage: $300K
    • Medical expense: $10K
  • Customer goods legal liability up to $1M/$2M
  • Sales and disposal legal liability up to $1M/$2M
  • Resident manager's liability
  • Employee benefits liability Up to $1M
  • Hired and non-owned auto liability up to $1M (Available when the insured has no owned autos)
  • Stop gap liability (ND, WY, WA, OH): Up to $1M
  • Umbrella coverage up to $5M

Submission Requirements

  • ACORD form
  • Supplemental Application
  • Statement of Values with building breakdown by location
  • 3 years of operation or 5 years industry experience
  • 5 years loss runs or signed statement of no known losses
  • New Business Submissions: StorageFirst@rpsins.com

Yes. Mixed-use properties are eligible provided that self-storage operations occupy at least 80% of the total property.

Customers' Goods Legal Liability (CGLL) coverage protects against loss of or damage to customers' property while it is in the insured's care, custody or control, when the insured is found legally liable for the loss or damage.

Fences, gates and security systems are generally covered as part of the building limit. Outdoor sign coverage is included under the property enhancement coverage and provides up to $50,000 in coverage.

While fencing, gated access, surveillance cameras and on-site management are strongly preferred risk characteristics, coverage may still be available for facilities that don't have all of these features.

Quote turnaround times vary based on the size and complexity of the risk. In most cases, quotes can be provided within 2 to 5 business days. Rush requests are reviewed and processed as quickly as possible.

This StorageFirst is a well-established insurance program designed specifically for self-storage facilities. Because our primary focus is the self-storage industry, we have a deep understanding of the unique exposures and insurance needs of self-storage owners and operators. This specialized expertise allows us to provide tailored coverage solutions and responsive underwriting support.

We consider a wide variety of self-storage operations, including:

  • Drive-up storage facilities
  • Climate-controlled storage buildings
  • Mobile storage operations
  • Boat and RV storage facilities
  • Self-storage facilities with retail exposures
  • Self-storage with incidental retail/commercial LRO exposure

The StorageFirst program has been serving the self-storage industry since 1998, providing specialized insurance solutions to self-storage owners and operators nationwide.

Meet Our StorageFirst Program Team

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