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.
Source: Lexington Insurance
Was this article valuable?
Here are more articles you may enjoy.
Experian Launches Insurance Marketplace App on ChatGPT
AI Needs Its Own Risk Class: Lockton Re
World’s Growing Civil Unrest Has an Insurance Sting
Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers 

