What is Self-Storage?
Self-storage facilities rent space on a short-term basis, often month-to-month, to individuals or businesses. Units are regularly used by individuals to store household goods or by businesses to store excess inventory or archived records. Some facilities offer boxes, locks, and packaging supplies for sale to assist tenants in packing and safekeeping their goods.
Items are generally not covered by the facility's insurance; the lessor may be covered by his/her own insurance policy or may purchase insurance to cover the items. The facility may offer insurance through a third-party carrier, and in some cases may require the lessor to purchase it as a condition of rental.
The rented spaces are secured by the tenant's own lock and key. Unlike in a warehouse, self-storage facility employees do not have casual access to the contents of the space. A self-storage facility does not take possession or control of the contents of the space unless a lien is imposed for non-payment of rent, or if the unit is not locked the facility may lock the unit until the tenant provides his/her own lock.