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Monthly Storage Cost For Moving Items

Monthly Storage Cost For Moving Items

Before you start looking for a storage unit, be sure to know the monthly storage cost for moving items. The average cost of a storage unit varies from company to company, but there are some factors that can influence this cost, including the size of the unit and Liability insurance requirements. Also, remember to inquire about discounts and special offers from self-storage companies. In the end, you’ll be happy you did.

Average cost of a storage unit

Depending on the size of your items, self-storage may be cheaper than hiring a moving company. Prices range from $40 to $400 for a 50 square foot space in Manhattan. But if you need more space, you can opt for larger units, which can store a whole family’s belongings. A large storage unit is about 10 by 30 feet in size, and starts at $400. Before making your decision, make sure to consider the following factors.

Location is another deciding factor. The farther from your home a storage facility is, the lower the cost. However, if you don’t mind driving long distances, you can opt for a facility that is closer to your home. For example, if you’re moving across town and need storage for household goods, you may have to pay higher rates. For this reason, it is wise to shop around and compare prices.

Liability coverage required by storage companies

Some storage companies require liability insurance before they store your items. These policies cover your possessions up to a certain limit. Generally, they cover theft, vandalism, and weather-related damage, up to a certain dollar amount. You may need to buy additional insurance if your possessions are worth more than this amount. However, liability insurance will cover the cost of repair if something goes wrong.

Several types of liability protection are available. Full-value protection, for example, will reimburse you for the market value of your possessions if you lose them. Unlike other insurance plans, this coverage will not cover replacement costs or repairs if your belongings are stolen or damaged. You can get released value coverage from your storage company for free, but it doesn’t provide enough protection for your possessions.

Discounts offered by self-storage companies

When it comes to moving your items to self-storage, there are many ways to save money. Using coupons is an easy way to cut costs while still enjoying the convenience of self-storage. However, you should check the requirements before applying for any discounts. For instance, make sure to bring your valid identification when signing up for a discount. There are also some hidden discounts that storage facilities may not advertise on their websites. You should ask a storage company if they offer such discounts.

While it may seem tempting to take advantage of first-month-free offers, it’s important to check the fine print and avoid signing up for a 12 month lease. Also, don’t forget to read the fine print – many self-storage facilities have super-low pricing promotions that end after the first month and then increase the monthly rent after you move out. Also, consider decluttering your space before renting self-storage units to save money and space.