Lexington Insurance Co., a Chartis company, has introduced a self storage facilities program, which provides tailored property and liability coverage for owners of self storage facilities. Lexington is working with All Risks, Ltd.’s National Specialty Programs unit to serve this niche.
The Program is designed to meet the coverage needs of facilities that rent storage space to individuals and businesses. It includes Lexington’s property, general liability, equipment breakdown and crime coverage, and also provides coverage for sales and disposal liability, as well as customer goods legal liability. Coverage is provided via a package policy, but is also available on a stand-alone basis if so desired.
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