BOB BADER CO. INSURANCE
Answers to frequently asked
questions about available insurance protection.
What does this insurance cover?
A: It protects you against damage
to, or loss of, your property from 32 different
causes, including Fire, Earthquake, Water Damage,
and Burglary. There are some qualifications and
exclusions. See your Certificate of Insurance for
a complete list of the covered causes. A copy of
your certificate is available at your facility's
Won't my homeowners insurance cover my property?
A: Homeowners insurance comes in
many different forms. Some policies cover the
property you have in storage, others will not.
Homeowners insurance is issued at various levels
of coverage. Also, some types of property may not
be covered. Business property, for example, is
usually not covered by home owners insurance.
What types of property are eligible for coverage?
A: Almost any personal or business
property you store is eligible for coverage. Some
of the exceptions are items such as accounts,
bills, firearms, currency, deeds, evidence of
debt, securities, money, notes, animals, jewelry,
watches, precious stones, and furs are not
insurable under this policy.
my boat (or car) stored outside covered?
A: Yes. Property stored outside is
covered for all the same types of damage or loss
EXCEPT damage from hail or Vandalism &
A: Just as with regular homeowner
policies, damage from flood or rising water is
not covered. Flood insurance is available from
the Federal Government.
Can my workshop or office in the storage space I
rent be covered?
A: No. This policy is not designed
to provide liability insurance or regular
business or hobby protection.
What is the difference between burglary and
A: Burglary means stealing property
by means of forcible entry into a securely locked
storage space, provided there are marks of
forcible entry on the exterior of the storage
space. Theft does not require forcible entry.
Theft and Mysterious Disappearance are not
covered under this policy.
What is the maximum amount of coverage I can get?
A: The maximum amount of insurance
that we can provide is $20,000 per unit. All
business property coverage must be pre-approved.
All other property in excess of $5,000 must be
pre-approved. Call us at (305) 235-8555
for approval and premium charges.
When does the coverage start?
A: Coverage starts when you complete
and sign the Enrollment Form, pay your first
month's premium and move your property into the
unit at your storage facility. Property is also
covered in transit to, and within 100 miles of
the storage facility.
When does the insurance stop?
A: This is a pay-as-you-go, monthly
renewable policy. Normally, your coverage
continues as long as you pay your monthly
premium. If you terminate your lease and move
out, coverage stops when you move out.