SBOA Tenant Insurance

🌪️ For self-storage owners and operators along the Gulf Coast: now is the time to prepare.

Hurricane Isaias is forecast to bring damaging winds, heavy rainfall, and storm surge to portions of the Gulf Coast. A few precautionary steps today can help protect your facility, your tenants, and your business operations

Before the storm arrives:
✅ Secure gates, signage, and loose outdoor items
✅ Clear drains and inspect roofs for potential vulnerabilities
✅ Back up security footage and critical business records
✅ Test generators, access control, and monitoring systems
✅ Document facility conditions with photos and video
✅ Communicate storm preparedness expectations to tenants

The facilities that recover fastest are often the ones that prepared before landfall.

At SBOA Insurance, we're committed to helping self-storage owners protect what they've built and minimize disruptions when severe weather strikes.

Stay safe. Stay prepared.

Florida operators: the risks on your property aren’t the same as they were five years ago.

Hurricane exposure, rising property values, tenant protection gaps, and tighter carrier appetite are reshaping how self-storage facilities need to be insured.

That’s exactly what we’ll be talking about at the FSSA Executive Summit 2026, October 20-21 in Tampa.

David Myers, President, and Damon Emerson, Vice President, Self Storage Solutions, will be on site and available to meet with owners and operators who want to:

✅ Review Commercial Property coverage built specifically for self-storage, including wind and hurricane exposure
✅ Grow tenant participation and ancillary revenue with Fortified Tenant Insurance
✅ Get coverage designed for self-storage, not adapted from a general commercial policy

Spots are limited. Email [email protected] to book time with David and Damon.

See you in Tampa. 🌴

We added a new tool to the SBOA Insurance website: an NOI Calculator for tenant insurance.

Here's what it does: enter your facility's unit count and rental rates, and it estimates the additional revenue your tenant insurance program could generate, based on real program economics, not rough guesses.

It's built for operators who want to see the financial impact of tenant insurance before rolling it out or evaluating their current provider.

Check it out: https://hubs.li/Q04zrRy20

Same coverage. Same premium. Very different revenue outcomes.

Most self-storage operators assume all tenant insurance programs are basically the same, set it up, let it run, check the box. But there's a real difference between a passive program and a performance-based one, and it shows up directly in your NOI.

Passive programs get implemented once and rarely revisited. Enrollment isn't tracked. Staff training happens on day one and never again. Revenue share stays flat no matter how the program performs.

Performance-based programs work differently: continuous enrollment monitoring, ongoing staff training, compliance management, and a revenue structure that rewards growth.

Two identical 300-unit facilities, same starting enrollment rate. One plateaus. One keeps growing. That gap compounds every year.

Is your current program working for you, or just running in the background?

We break down the math (and give you a free 6-point health check) in our latest blog. Read it here: https://hubs.li/Q04z8bHQ0

Passive vs. Performance-Based Tenant Insurance Programs for Self-Storage: Which Generates More Revenue? - SBOA See how tenant insurance can increase self-storage NOI, grow recurring revenue, and strengthen facility value through enrollment rates & enrollment math.

October is Breast Cancer Awareness Month.

Chances are, someone in your facility, your ownership group, or your network of industry partners has been touched by this disease, whether they faced it themselves or supported someone who did.

We wanted to take a moment to acknowledge that. Not with a campaign, just a reminder that the people behind this industry, operators, owners, and partners included, are carrying more than day-to-day business. They're carrying real life.

If you or someone you know is navigating this, we see you. And if you're in a position to support research or someone going through treatment, even something small makes a difference this month.

Nothing replaces getting everyone in the same room.

The SBOA Insurance team came together in person, and the energy was exactly what you'd hope for. Good food, better conversation, and a whiteboard's worth of ideas for what's next in self-storage.

Here's what stood out: this team genuinely cares about self-storage owners and operators, and about the solutions we can bring them. Not just policies, but real answers to the problems that keep operators up at night.

We've got some exciting things in the works. Stay tuned.

🚨 Big news for the self-storage industry: our new website is LIVE.

https://hubs.li/Q04ytCx30 just got a major upgrade, and it's built for how operators actually work.

What's new:
🔹 Simplified navigation - find what you need, fast
🔹 Tenant claims filing - tenants can file self-storage insurance claims directly online
🔹 New Client Portal - secure access to claims upload, training resources, and an FAQ library
🔹 NOI Calculator - estimate the revenue your facility can make participating in our tenant insurance programs
🔹 Fresh blog - industry news, trends, and risk management insights

The goal? Less time on the phone chasing routine requests, more time running your facility.

"Our goal with this new website was to make it easier for self-storage operators and tenants to get what they need, whether that's filing a claim, finding answers to common questions, or staying current on trends shaping our industry." — David Myers, President, SBOA Insurance

14x recognized as Best Tenant Insurance provider by ISS Best of Business Awards. Trusted by thousands of storage facilities nationwide. Now backed by a website that matches that reputation.

👉 Check it out: https://hubs.li/Q04ytCx30

Press Release: SBOA Insurance Launches Redesigned Tech-Forward Website to Enhance Self-Storage Risk Management and Tenant Insurance Experience - SBOA (https://hubs.li/Q04ytCsZ0)

🔦 Walk your facility and count everything that isn't the building.

Most commercial property policies are built around square footage and structure. Then a storm or power surge hits, and you find out how much of your operation was never really scheduled.

Start at the road and work in:

✅ Signage. Monument signs and pylons are often capped at a small sublimit, sometimes $2,500 or less. An illuminated pylon costs far more to replace, and no signage means no walk-in traffic.

✅ Gate and access control. Keypads and gate operators are often treated as equipment, not structure. A surge takes out the board, and you're propping the gate open waiting on parts.

✅ Climate control. HVAC is the most claim-prone system on most properties. Equipment Breakdown coverage responds to mechanical/electrical failure, which standard property forms typically exclude. Without it, a failed compressor in August is out of pocket, along with any tenant damage that follows.

✅ Cameras, lighting, elevators. Security systems are a compliance issue as much as an asset. Multi-story facilities add elevator exposure that needs its own attention.

✅ Fencing, bollards, paving. Rarely thought about until a vehicle takes them out.

None of this is exotic. It's just what makes a facility run, and what a generic commercial policy wasn't written around.

We build coverage around how storage facilities actually operate. 📧 [email protected]

⛳ What a week in beautiful Northern Michigan!

SBOA Insurance was proud to host our first-ever Golf Retreat at High Pointe Golf Club in Williamsburg, MI, and we couldn't have asked for a better group to share it with.

From great rounds of golf to memorable meals, drinks, and conversations, the event was a fantastic opportunity to connect with friends and partners across the self-storage industry. Surrounded by the stunning Northern Michigan landscape, we enjoyed more than just time on the course. We strengthened relationships, shared ideas, and created lasting memories.

A huge thank you to everyone who joined us and helped make this inaugural event such a success.

We're already looking forward to next year and can't wait to welcome this crew, along with some new faces, back to the course!

🌧️ Most commercial property policies don't limit flood coverage. They exclude it.

The line between "water damage" and "flood" usually shows up about 48 hours after a storm.

Covered as water damage:
→ Burst pipe or sprinkler line
→ Wind-driven rain through storm-damaged roofing
→ HVAC leak in climate-controlled units

Excluded as flood:
→ Surface water crossing drive aisles, under roll-up doors
→ Storm surge
→ Overflow from a nearby creek, ditch, or pond
→ Groundwater rising through the slab

Ground-level drive-up units sit inches off pavement engineered to move water away. Works fine until the storm drain doesn't.

Let's review your commercial policy and see what you are covered for.
Emai: [email protected]