Tips For Renting From a Storage Facility

Real Estate Agent with RE/MAX Executive Realty 91362

If you need to rent some storage space, there are some things you need to know before you begin.

Do you need to pay for insurance coverage? What forms of ID will you need to bring when signing the contract? What affects the cost of the storage unit?

We will look at these questions and more so that you know what is essential when renting storage.

How to Find a Local Storage Facility?

One of the first steps you take when you're ready is finding a storage unit nearby. The most straightforward way of starting the process is by doing a Google search.

You can try storage facilities near me to find out about the nearby companies. You'll likely see some excellent companies to research further. Doing due diligence is essential when renting from a storage facility.

If you are working with a real estate agent, they may also know the best storage companies in the area.

Things You Should Look for When Renting a Storage Unit

When searching for storage facilities near me, the safety of your possessions should be near the top of your list of priorities. Security in the storage facility should include video surveillance and in-person security. They should have secure access gates and doors to protect your valuable possessions.

The location of storage facilities is also essential to be convenient for you. However, convenience might come at a cost, facilities in cities typically cost more.

Also, check to ensure they have the unit size you require.

The storage unit price is something you need to compare with other facilities. Check if online discounts are offered, and ask if special prices are available.

Access to your storage unit is also something you need to find out about. Not all facilities are 24-hour, with many only giving access during office hours.

Check customer feedback before choosing the storage facilities you will use. This will alert you to issues you want to avoid and save you a lot of hassle.

What ID Do You Need to Rent a Storage Unit?

A valid government-issued ID is required. This can be a driver's license, passport, state ID, or military ID.

How is the Cost of the Storage Unit Determined?

The size of the unit and the time you need it for are the main things that affect the price you will pay. You should benefit from a discount if you sign a more extended contract. Some companies offer month-to-month units if you don’t need the storage for long.

The available units can also affect the cost, with lower prices, if they have a lot of empty units. It is essential to compare costs. You'll want to do an apples to apples comparison.

Filling Your Unit

While you might be able to transfer items in your car, if you want to store large furniture items, you might need to hire a truck. Some storage facilities might offer truck rentals to make this easier.

Saving Space in Your Unit

If you want to make the most of the size unit you rent, you must be careful about filling the space.

Carefully stacking your items to use the full height of the unit will save a lot of room, allowing you to spend less on rent. Stackable bins and the positioning of furniture at the bottom make it easier to fill the unit efficiently.

Disassemble more oversized items if possible, and fill up furniture, like wardrobes and cupboards, to make the most of the space.

When filling the unit, leave an aisle to access items stored at the back. You don’t want to empty the unit if you need something packed at the back.

Are the Units Climate-Controlled?

Even if your items aren’t delicate or all that valuable, storing them in a climate-controlled environment will protect them. This will prevent mold and mildew damage to furniture, clothes, and more. Extreme heat, humidity, or cold can create conditions where mold and mildew thrive.

Follow the Storage Facility Rules

While each facility will have its own rules, some rules will apply almost everywhere.

  • You can’t work in the storage unit
  • Living in the unit is illegal
  • Animals can’t be kept in the unit
  • Flammable or hazardous materials cannot be stored
  • Food or anything else that could attract bugs isn’t allowed

Is Insurance Needed?

The facility might have in-house coverage, but will this be enough, and is it overpriced? You will need insurance, and a policy you already have, like homeowners or renters insurance, might cover you.

The storage facility will likely need to see proof of insurance whether you arrange additional coverage or use a policy you already have.

What Happens if Your Storage Unit is Broken Into?

While the storage facility might have the best security, criminals can still attack units. If you are unlucky and have things stolen, you will want to claim on your insurance.

If this has happened due to a mistake by the facility, they should be liable. But if that isn't the case, you will need to hope you have sufficient insurance coverage to replace your losses.

Final Thoughts Storage Facility Rentals

Like other types of businesses, it is essential to do your homework before committing to use a storage facility. Learn as much as you can before moving forward. Ask many questions and get satisfactory answers.

Posted by

Bill Gassett is a thirty-two year veteran to the real estate industry. He enjoys providing helpful information to buyers, sellers and fellow real estate agents to make sound decisions. His work has been featured on RIS Media, National Association of Realtors, Inman News, Placester, RESAAS, Credit Sesame and others.

Comments (1)

Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Bill - good tips.  Sometimes, the important questions to ask aren't always obvious.  Proper upfront investigation is wise.  

Jan 26, 2023 11:38 AM