Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
If the tenants policy is in force, personal property is covered anywhere in the world. This doesn't apply if it is located in another residence. For example you loan a carpet to your mother who then drops a bottle of ink on the carpet, in her home, coverage would be denied. If it were in a storage unit and suffered similar damage it would be covered.
I would agree most tenant-homeowners policies cover your personal property while it's in your home or "anywhere else in the world" and there is no limitation I'm aware of for storing some of that property in a storage unit. Although I don't wish to disagree with a colleague, I believe coverage would apply at another residence should you have more than one but a 10% or $1000, whichever is greater, limitation would apply.
Tenants policies generally limit coverage to specific named perils like fire, wind, theft. certain types of water damage, etc., but your personal property should be covered in a storage unit the same it would if the property was in your home. Dropping ink on a rug however may not be one of the covered perils.
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Tenants policies generally limit coverage to specific named perils like fire, wind, theft. certain types of water damage, etc., but your personal property should be covered in a storage unit the same it would if the property was in your home. Dropping ink on a rug however may not be one of the covered perils.