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Storage Insurance in Rapid City SD & Spearfish SD

When you store something, you want to keep it safe. Most storage locations are safe, but there's always the chance of something going wrong—from a fire that spreads through multiple units to thieves breaking in and looking for valuables to sell, even a well-secured item could be at risk. Storage insurance can help mitigate this risk by providing coverage in case the stored items are damaged or stolen. This coverage is available to both businesses and individuals.

Storage Insurance for Businesses

Does your business store any equipment or inventory at an off-site location? Using self-storage facilities and other 'miniature warehouses' has become more popular in recent years, especially among companies who need just a little extra space, but storing objects in these off-site locations can remove them from the safety of your existing business plan.

Getting the right amount of storage insurance can make sure that anything stored offsite can be replaced if it's damaged while you're not looking. Be sure to ask a First Western Insurance Agency agent about how much coverage your business needs—standard policies for storage insurance tend to have low limits, so if you're storing valuable equipment or inventory, you'll need to make sure your policy is enough to cover any losses in full.

Retail insurance does not apply to items that are being stored in the company's warehouse, on the shelves of a retail location, or anywhere within its normal offices. Those items are covered by other plans, typically commercial property insurance, and would not benefit from this type of coverage.

Storage Insurance for Individuals

Are you one of the millions of people with products kept in storage? If so, your assets may be at risk—and it's not just thieves you have to worry about. Many facilities are also exposed to problems like mold growth and weather damage, and you may not even know your belongings are at risk if you don't check them on a regular basis.

As someone with items in storage, you want your belongings to be safe and protected until you're ready to take them out of wherever they're being kept. Getting a storage policy now can help ensure that even if the worst occurs, you'll be able to get reimbursed for the items you lost.

 

1. "Storage Units Easy Prey for Thieves." ABC News. 2013. Accessed April 12, 2016. http://abcnews.go.com/blogs/business/2013/05/storage-units-easy-prey-for-thieves/

2. "Mold, Theft and Hurricanes: The Risks of Self-Storage." WSJ. August 3, 2005. Accessed April 12, 2016. http://www.wsj.com/articles/SB112303337889003384.

Our Locations

First Western Insurance (Rapid City)

2630 Jackson Blvd, Suite 202
Rapid City, SD 57702
Main office: 605-348-9800
Fax: 605-342-4579

First Western Insurance (Belle Fourche)

41 Fifth Ave
Belle Fourche, SD 57717
Main office: 605-892-2727
Fax: 605-892-6267

First Western Insurance (Custer)

40 North 5th Street
Custer, SD 57730
Main office: 605-673-2214
Fax: 605-673-2330

First Western Insurance (Deadwood)

460 Main Street
Deadwood, SD 57732
Main office: 605-578-3456
Fax: 605-578-3462

First Western Insurance (Hill City)

427 Main Street
Hill City, SD 57745
Main office: 605-574-2547
Fax: 605-574-4975

First Western Insurance (Hot Springs)

242 S Chicago St, Suite 2
Hot Springs, SD 57747
Main office: 605-745-7900
Fax: 605-745-7899

First Western Insurance (Newell)

106 8th St
Newell, SD 57760
Main office: 605-456-2863
Fax: 605-456-2807

First Western Insurance (Spearfish)

132 E Illinois Street
Spearfish, SD 57783
Main office: 605-642-4711
Fax: 605-642-7315

First Western Insurance (Sturgis)

238 Main St, Suite 1
Sturgis, SD 57785
Main office: 605-347-4644
Fax: 605-347-4730

First Western Insurance (Wall)

418 Main Street
Wall, SD 57790
Main office: 605-279-2545
Fax: 605-279-2292

Our Providers

Testimonials

Kathy always gets back to me right away with any questions I might have!

Derek J. N.