StorageProperty - Storage Partners

StorageProperty
Protection
TM
–PROTECTING YOUR PROPERTY IS YOUR RESPONSIBILITY–
COVERED LOSSES:
TENANT RESPONSIBILITY ADDENDUM
I UNDERSTAND THAT THIS SELF STORAGE FACILITY REQUIRES THAT I
PROVIDE INSURANCE COVERAGE FOR MY PROPERTY BECAUSE THE
FACILITY DOES NOT EXTEND INSURANCE TO MY STORED PROPERTY.
1.
1
BURGLARY
The addendum will be retained by this facility as part of your lease or rental agreement.
I understand that this self-storage facility and/or its management:
• Is not responsible for loss or damage to my property
• Is a commercial business renting space and is not a bailee or warehouseman.
2
WATER DAMAGE
FIRE
2.
INDICATE
CHOICE
AT
RIGHT
AND
INITIAL
HERE
EARTHQUAKE
WINDSTORM
BUILDING COLLAPSE
EXPLOSION
HAIL
SMOKE
RIOT
Yes, I want to participate in the Tenant
Property Protection Plan
Select
Protection
Monthly
One
Limit
Fee
In consideration of payment selected in the box
shown at right, in addition to monthly rent, the
$2,500
$10.00
Tenant Property Protection Plan will cover loss or
damage to Tenant’s property stored within the
$5,000
$20.00
storage units identified in the rental agreement
you signed, up to the protection limit selected on
the Tenant Responsibility Addendum for losses
caused by the following:
a. Fire, explosion, smoke, hail or riot.
b. Burglary, vandalism or malicious mischief. (Burglary is covered provided there is a visible sign of
forced entry.)
c. Roof leak or water damage. PLEASE NOTE: Flood, surface water, underground water or water that
backs up through or overflows from a sewer, drain or sump or accidental discharge of substances
from within plumbing, heating, air conditioning or fire protection systems is not covered.
d. Windstorm that first causes damage to the building.
e. Collapse of the building where your property is stored.
f. Impact of aircraft, missile or vehicles.
g. Earthquake, volcanic eruption.
h. Limited property-in-transit coverage. Limited to 25% of protection limit and
caused by vehicle collision.
No, I decline participation in the Tenant Property Protection Plan. I understand that
under the terms of the rental agreement, I assume all risks for loss of, or damage to my
stored property, I also agree to insure my stored property and understand that I have
released the Lessor from liability for loss of, or damage to my property, however
caused, including the negligence of the Lessor.
VANDALISM
1 Burglary losses must be reported to the
police and facility management. Please
see Tenant Property Protection Plan for
more information.
Insurance Company Name:
2 Does not include loss due to surface
waters or flooding. Flood insurance is
available through the U.S. Government
and the National Flood Program.
Homeowners
Policy #
3.
SITE INFORMATION (Print Clearly)
Facility Name:
TENANT PROPERTY PROTECTION PLAN - PROTECTION IS IMMEDIATE
UPON PAYMENT
Renters
Business Owners
Other (describe)
Deductible
YOUR SIGNATURE ON THIS LEASE ADDENDUM IS REQUIRED AS PROOF THAT
THE PROPERTY PROTECTION PLAN HAS BEEN MADE AVAILABLE TO YOU.
I acknowledge that I have read the above information which explains the Storage Property Protection
Pay-With-Rent Property Protection Plan that is available to me.
Customer Signature
Facility Manager:
Site ID:
Please Print Name
Address:
Date
City
St
Space No.
Zip
CUSTOMER COPY
11/05/10