In the fiercely competitive landscape of self storage, operators are constantly striving to boost profitability while maintaining high levels of customer satisfaction. One of the key challenges they encounter is safeguarding tenant belongings against potential damage or theft.
Conventional leases typically absolve self storage operators from liability for stored goods, which may leave renters apprehensive about potential losses. Introducing a tenant protection plan can address these concerns, elevating the customer experience without significantly increasing the operator’s risk.
Why choose 6Storage Tenant Protection Plans?
With 6Storage Tenant Protection Plans, you not only increase your property’s appraised value but also earn extra revenue effortlessly. Our coverage extends to various risks, including fires, windstorms, theft, and damage from rodents and insects. In the unfortunate event of a claim, your tenants will receive replacement costs for their goods, rather than the depreciated value, ensuring they’re fully compensated for their losses.
Benefits of 6Storage Tenant Protection Plans for the storage owner:
1. Revenue Boost: By offering tenant protection through 6Storage, you can introduce an additional revenue stream to your storage business. The premiums collected from tenants opting for this coverage contribute directly to your bottom line, increasing your overall profitability.
2. Streamlined Claims Process: Claims under 6Storage Tenant Protection Plans are processed directly by the provider, reducing administrative burdens for operators and ensuring quick resolution for renters.Â
3. No License Required: Unlike traditional insurance, operators do not need insurance licenses to offer 6Storage Tenant Protection Plans, saving time and money.
4. Flexible Terms: 6Storage Protection Plans offer flexibility in setting rates, coverage limits, commissions, and other terms, allowing operators to tailor plans to their specific requirements.Â
5. Reduced Sales Burden: 6Storage Tenant Protection Plans can easily integrate into the leasing process, reducing the effort required to enroll tenants.
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Get a quick estimate with our plan calculator.
Benefits of 6Storage Tenant Protection Plan for renters:
1. No deductible.
2. Responsible for replacement costs vs. depreciated value.
3. Takes responsibility in the even of theft.
4. Takes responsibility for water damage in the event of a windstorm, roof leak or broken pipes.Â
5. Takes responsibility for household and commercial goods.
6. Takes responsibility for fire/smoke damage.Â
Adding a 6Storage Tenant Protection Plan to your self storage service mix can boost revenue, mitigate risk and provide peace of mind to you and your customers. By understanding benefits and selecting a reputable partner, you’ll be able to deliver value to customers while maximizing your profitability. Protection plans aren’t just an add-on; they’re a strategic investment in the future of your operation.
Book a demo and let us show you how 6Storage Tenant Protection Plans can work for your business!
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