Navigating the Storm: The Rising Tide of Self-Storage Insurance Costs episode artwork

EPISODE · Oct 27, 2023 · 9 MIN

Navigating the Storm: The Rising Tide of Self-Storage Insurance Costs

from Creating Wealth Through Self Storage · host Creating Wealth Through Self Storage

Let’s talk about property insurance. I don’t think many of us are prepared for the premium increases we are going to see over the next few years. The days of predictable, marginal increases are behind us; in fact, we’re now entering an era where insurance costs could skyrocket by as much as 10% to 20% annually, if not more. Let’s discuss how this could impact your underwriting and project performance. **Online Courses at The Quickstart Academy** https://TheQuickStartAcademy.com/ **Listen on Apple Podcasts** https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875 **5 KPIs we measure** https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/ **My blog** Creating Wealth Through Self Storage **Facebook** https://www.facebook.com/markhelmselfstorage/ **Twitter** Tweets by MarkHelmSelfSt **The Storage World Analyzer** http://storageworldanalyzer.com/ **The QuickStart Academy Store** https://quick-start-academy.myshopify.com

Let’s talk about property insurance. I don’t think many of us are prepared for the premium increases we are going to see over the next few years. The days of predictable, marginal increases are behind us; in fact, we’re now entering an era where insurance costs could skyrocket by as much as 10% to 20% annually, if not more. Let’s discuss how this could impact your underwriting and project performance. **Online Courses at The Quickstart Academy** https://TheQuickStartAcademy.com/ **Listen on Apple Podcasts** https://podcasts.apple.com/us/podcast/creating-wealth-through-self-storage/id1588425875 **5 KPIs we measure** https://creatingwealththroughselfstorage.lpages.co/top-5-kpi-ebook/ **My blog** Creating Wealth Through Self Storage **Facebook** https://www.facebook.com/markhelmselfstorage/ **Twitter** Tweets by MarkHelmSelfSt **The Storage World Analyzer** http://storageworldanalyzer.com/ **The QuickStart Academy Store** https://quick-start-academy.myshopify.com

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Navigating the Storm: The Rising Tide of Self-Storage Insurance Costs

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Let’s talk about property insurance. I don’t think many of us are prepared for the premium increases we are going to see over the next few years. The days of predictable, marginal increases are behind us; in fact, we’re now entering an era where...

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