- Affordable Premiums: Managed entirely in-house reducing operating costs and lowering premiums for customers.
- Nationwide availability: including support for coastal regions.
- Strong coverage: Provided through Obsidian Specialty Insurance Company rated “A-” (Excellent) by AM Best.
AUSTIN, Texas, April 1, 2025 /PRNewswire/ — SafeLease, a leading risk management provider for thousands of self-storage facilities, today launched its nationwide self-storage commercial property and general liability program.
Through SafeLease’s use of in-house underwriting, servicing, and reinsurance, the program offers lower premiums for property owners.
SafeLease provides Tenant Protection and Insurance to over 2,800 self-storage facilities. Through its customer relationships, SafeLease has gained insights into the commercial insurance needs of self-storage owners and operators and has built this new program specifically for them.
“The never-ending rise in insurance costs has become a major burden on self-storage owners,” said Steven Stein, founder and CEO of SafeLease. “By using a direct sales approach, we can offer a lower price, a faster quote, and a customized policy. We’re excited to bring this offering to market and help our customers increase NOI.”
SafeLease’s commercial insurance offerings include:
- Building coverage at replacement cost
- Up to 18 months business income
- Commercial general liability limits up to $2,000,000
- Equipment breakdown
- Terrorism
- Sale and disposal legal liability
- Flood
The program is also incredibly flexible, offering a wide range of deductibles, policy limits, and coverage options.
To learn more, visit www.safelease.com/commercial-insurance
About SafeLease:
SafeLease is a leading technology and risk management provider for over 2,800 self-storage facilities. SafeLease’s automation-driven approach to implementing and managing revenue-driving programs has generated over $1 billion in enterprise value for facility owners. Learn more at www.safelease.com.
SOURCE SafeLease