Does Renters Insurance Cover Storage Units?

If you're renting a home or apartment, chances are you already know how important renters insurance can be when it comes to protecting your belongings. But what about the things you’ve tucked away in a storage unit?

Maybe you’re between moves or just trying to free up some space—either way, it’s worth knowing how your coverage works beyond the walls of your rental. Let’s take a closer look at what renters insurance may offer when your items are stored off-site.

Does Renters Insurance Cover Belongings in Storage Units?

In most cases, renters insurance provides off-premises coverage, including some protection for personal belongings stored in a storage unit.

However, the coverage usually isn’t the same as it is for items inside your home. It may offer coverage for stored items damaged or lost due to covered events, like theft and fire, but only up to a certain percentage (usually 10%) of your personal property coverage.

That means if your personal property limit is $30,000, coverage for items in storage might be capped at $3,000. Always check your policy details to understand how much protection you have and what types of losses are covered.

Storage Unit Insurance Requirements

Some storage facilities require you to have insurance for any items you store on-site. This means you may be asked to show proof of renters insurance that includes off-premises coverage.

If you don’t already have coverage, the facility might offer a separate insurance policy through a third-party provider for an added monthly fee. It’s a good idea to ask about these requirements before signing a rental agreement so you can make sure your belongings stay protected without paying for duplicate coverage.

What Perils Are Covered by Renters Insurance in Storage Units?

When your belongings are stored off-site, it’s important to know exactly what kinds of risks your renters insurance helps protect against. While coverage may vary by policy and insurer, many standard policies cover the perils outlined below.

Covered Perils (Theft, Fire, Leaks, Vandalism)

Renters insurance typically covers:

• Fire and smoke damage: One of the most common risks to storage units.
• Water damage from leaks: If a pipe bursts or water seeps into your unit, your policy may help cover the damage.
• Theft: Helps pay for damages and replacement if someone breaks into your unit and steals your property.
• Vandalism: Damage caused by intentional destruction may also be included.

Just like with your rental unit, coverage kicks in when a covered event damages your belongings, not from general wear and tear or neglect.

Partial Coverage and Policy Differences

Not every renters insurance policy offers the same level of protection for off-site storage. Some only cover theft, while others include a broader list of perils, such as fire or water damage.

The specific terms of your policy will determine what’s covered and how much you’re eligible to claim. It’s always a good idea to review your renters insurance policy or speak with your insurer to clarify the details before storing personal items.

What Perils and Damages Are Not Covered in Storage Units?

While renters insurance can offer peace of mind for belongings in a storage unit, it doesn’t cover everything. Some types of damage and loss fall outside the scope of standard coverage, and you may need to consider additional protection depending on your specific situation.

Flooding, Mold, and Mildew

Standard renters insurance typically does not cover damage caused by flooding, mold, or mildew. Because storage units can sometimes be prone to moisture buildup, it’s important to take steps to prevent water-related damage, like elevating your items or using moisture-resistant containers.

Earthquakes and Earth Movement

Earthquake damage is usually excluded from renters insurance unless you’ve added an earthquake endorsement or separate policy. If you’re storing your belongings in an area that’s prone to seismic activity, it’s worth looking into this added protection to avoid being caught off guard.

Pest-Related Damage

Damage from pests, such as mice, rats, or insects, is generally not covered under most renters insurance policies. If rodents chew through furniture or bugs damage fabrics, you’ll likely be responsible for the loss. Keeping your items clean, sealed, and properly packed can help reduce the risk.

Coverage Limits, Valuables, and Extra Protection Options

Renters insurance usually extends coverage to items stored in a storage unit, but that coverage often comes with limits. Most policies cap off-site coverage at around 10% of your total personal property limit. Additionally, certain high-value items have their own sub-limits, which means they may not be fully protected unless you take additional steps.

Sub-Limits for Valuables (Jewelry, Coins, Firearms, etc.)

Even within that 10% storage coverage, items like jewelry, engagement rings, coins, and firearms often have lower individual sub-limits. For example, jewelry might be limited to $1,500, coins to $200, and firearms to $2,500. These caps apply regardless of the actual value of the item, which can leave you underinsured.

Adding Extra Coverage (Riders, Scheduling, Endorsements)

If you’re storing valuables and want more protection, you can often boost your coverage by adding a rider or endorsement to your policy. This may involve scheduling specific items—like a watch, musical instrument, or piece of artwork—at their appraised value.

While this comes with an additional premium, it gives you tailored protection beyond the standard policy limits. It's a smart way to ensure your most prized possessions are adequately covered.

How to Make a Renters Insurance Claim for Storage Unit Losses

If something happens to your belongings in a storage unit, knowing how to file a renters insurance claim can make the process easier and improve your chances of getting reimbursed.

While the steps are similar to a typical renters insurance claim, losses in a storage unit may require extra documentation. The more detailed your records, the easier it is to show what was damaged or stolen and how much it was worth.

Creating an Inventory of Stored Items

Before you lock up your storage unit, take the time to create a clear inventory of what’s inside. Snap photos, record a quick walk-through video, and keep receipts or appraisals for high-value items. This documentation can be incredibly helpful if you ever need to file a claim. For more guidance on creating a storage unit inventory, check out our how to create a home inventory guide.

What to Do When Filing a Claim

If your items are lost or damaged in storage:

1. Document the damage or theft with photos and any official reports (like a police report if theft is involved).
2. Contact your provider as soon as possible to report the loss.
3. Provide proof of ownership and value using your inventory, receipts, or other documentation.
4. Be ready to answer questions about where the item was stored and what caused the damage.

Real-Life Scenarios and Tips

Let’s say you stored a few pieces of furniture in a unit during a move. A fire breaks out in the facility and damages your items. If you have a solid inventory, photos of the items in storage, and proof of their value, your claim is more likely to be approved and processed quickly.

If items go missing and you don’t have any documentation to back up the loss, the claim may be denied or only partially covered. Keep records, update your inventory, and check your policy details so you’re always prepared.

Get Coverage for Storage Units through GEICO Insurance Agency

Renters insurance can offer valuable peace of mind when you’re storing your belongings off-site, but it’s important to understand the limits, exclusions, and options for extra protection. From knowing what perils are covered to documenting your items and updating your policy when needed, a little preparation goes a long way.

Looking for reliable, affordable renters insurance? Get a free quote through GEICO Insurance Agency today!