By Bob Katzen
This bill allows owners of self-storage facilities to offer renters insurance to cover the loss of or damage to the customer’s belongings that are stored at the facility. The measure also requires that employers provide their workers with training to teach them about the ins and outs of this type of insurance. The insurance would be provided through a third-party insurance company.
Supporters say the Bay State should join the 20 other states that allow and regulate this practice. They note it will protect the consumer and make it easier to buy this type of insurance. They say that most customers are under the false impression that their homeowner policy already covers their storage room or that the owner carries insurance for the customer.