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ISSUE: Jul/Aug 2007
MiniCo Tenant Insurance Program
In 1974, MiniCo introduced the first tenant insurance program to the self storage industry. A lot has changed over the past 33 years, but MiniCo continues to set the pace as the national leader in providing specialty insurance programs to the owners and operators of self storage facilities.
The Same, But Different ... Very Different
Over the years and still today, the MiniCo Tenant Insurance Program has had its share of competitors. “Not all tenant programs are created equal,” says Merle Harris, MiniCo’s Manager of Tenant Insurance. “Many facilities turn to MiniCo after having a bad experience with a claim payment. It’s not that our competitors don’t pay the claims; they just pay only what is covered by their program. It is certainly in the best interest of their tenants if facilities are aware of how MiniCo differs from our competitors.” With more than three decades of underwriting expertise and claims administration, MiniCo is uniquely equipped to offer the broadest coverage for the best price.
Protect Your Tenant, Protect Your Facility
We all know that events happen that are beyond the control of your facility, and MiniCo’s tenant insurance protects the stored goods of your tenants. However, you may not know there is an inverse relationship between the number of tenants participating in the tenant insurance program and the likelihood of a loss being claimed against your facility’s commercial insurance policy. In general, the more tenant insurance policies sold, the lower the probability of a claim being filed.
You Have A Choice
In order to best suit the needs of self storage facilities, MiniCo provides a choice of tenant insurance products. MiniCo’s TenantOne Direct is available to those facilities that want to utilize the more traditional mail-in program and choose to promote the insurance utilizing displays and brochures. The MiniCo Pay-With-Rent product is available to those facilities that choose to be a bit more hands-on with the administration of the insurance program and, in turn, may be compensated for their efforts.
MiniCo Is Good For Business
Promoting MiniCo as your facility’s tenant insurance provider is good for your business. When something unexpected damages the stored goods of your tenant, you want them to be dealing with a company you can trust and rely upon. MiniCo knows and appreciates the value you place on a tenant insurance program. Their goal is to keep your tenants happy so you can keep your tenants!
MiniCo representatives are happy to review you specific needs and discuss how the MiniCo Tenant Insurance Program will contribute to your organization’s continued success. For more information, call (800) 842-8899 or visit www.minico.com.
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