Many of our customers have been confused as to whether their homeowner’s insurance or tenant’s policy provides them with all the necessary protection while they’re enjoying one of our storage facilities.
According to industry experts at Cowan Insurance, homeowner’s insurance tends not to fully cover any outside storage for long periods of time. Normally homeowner’s insurance only covers theft for up to 30 days – natural disasters such as flooding or fires are not included. For instance, if you’re staging your home in order to sell it and you choose our convenient Toronto Storage facility, your homeowner’s insurance will likely only cover you for 30 days. Therefore if your goods were to be damaged by a natural cause, such as a fire, your property would not be covered under your home owner’s insurance.
For your ultimate peace of mind, our Mississauga, Toronto, and Scarborough storage facilities have made it easy to set up insurance. Cowan Insurance is one of the largest insurance brokers in South Western Ontario and will satisfy your storage unit needs with convenient, affordable and easy to understand pricing. You can establish coverage through Cowan Insurance Brokers Customer Insurance Program by applying when renting your storage locker at Storwell Self Storage and payment can be made together with your regular rental fees for your convenience. This program provides the appropriate protection on your personal goods including:
- Broad form coverage that will protect you against most losses.
- $500 deductible unless otherwise stated on the certificate of insurance.
- Limited coverage on most electronic and business goods.
It does not include coverage on automobiles, motorcycles, boats, recreational vehicles, any form of currency, securities, jewellery, watches, precious stones, furs, or garments trimmed with fur.
All this peace of mind is available for only $2.00 / $1000.00 coverage plus PST per pay period.
Some Facts about Cowan Insurance Brokers
- A pioneer of self storage insurance solutions since 1980. We’ve been in the insurance business since 1927.
- A full-service insurance brokerage company representing Canada’s best property and casualty insurers.
- Over 150 insurance professionals in seven branch offices.
Please call our office to find out more about a Self Storage Policy’s Certificate of Insurance.
Some Facts About Lombard Canada
The Customer Storage Insurance Program us underwritten by Lombard Canada who are 100% Canadian-owned. They have assets of over $1 billion and are one of the largest property and casualty insurance groups in Canada. Lombard Canada Ltd. is a subsidiary of Northbridge Financial Corporation. Northbridge is a Toronto-based financial services holding company of which Fairfax Financial Holdings Limited is the majority shareholder. Northbridge is traded publicly on the Toronto Stock Exchange.
Cowan Insurance Brokers
25 Bruce Street, P.O. Box 2007
Kitchener, ON N2H 6K8
Toll Free: 1-888-732-5866