In The News

MINICO INSURANCE ADDS COVERAGE ENHANCEMENTS FOR SELF-STORAGE SPECIALTY PROGRAM

PHOENIX, ARIZ. – MiniCo Insurance’s self-storage specialty insurance program now offers three new options to enhance coverage for self-storage property owners. The specialty businessowner policy may be augmented by adding any of the three new enhancements described below:

• Blanket Property Coverage – extends blanket coverage to all locations.

• Extended Business Income Coverage – provides option to extend coverage for actual loss incurred from 15 months to 18 or 24 months.

• Data Compromise Coverage – provides services to help businesses respond to data theft including forensic IT review, legal assistance support, notifications to affected individuals, credit monitoring, identity restoration assistance, case management services, and a help line open seven days a week.

These enhancements to the MiniPak Gold policy are currently available in most states. Additional filings are in progress for many other states with approvals expected in coming weeks.

Commenting on the coverage enhancements, Mike Schofield, President, MiniCo Insurance, said, “MiniCo is working to constantly improve the coverage available to self-storage property owners. With the addition of the new data compromise coverage and the extended blanket property and business income coverages, the MiniPak Gold program provides greater flexibility to help insureds protect their investments against real-world risks.”

MiniCo Insurance, a division of MiniCo, Inc., provides the leading specialty insurance coverage for self-storage operations nationwide. For more information, contact MiniCo’s Customer Care Department at 800-447-8383 or customercare@minico.com.

Since 1974, Phoenix-based MiniCo, Inc. has been a self-storage leader providing superior specialty insurance programs, informative publications and valuable products and services created expressly for the self‑storage industry.