Let's talk about self storage.

communities_1.jpg
 View Only
  • 1.  UHaul Insurance Requiring a different LLC

    Posted 21 days ago

    We have a property that we just signed a contract with UHaul and our insurance carrier, StateFarm, has requested we get a separate LLC for the UHaul portion of our business. We have not encountered this before, has anyone else? 



    ------------------------------
    Dedee Boring
    President
    Boring & Co
    Leander TX
    (432) 967-2997
    ------------------------------


  • 2.  RE: UHaul Insurance Requiring a different LLC

    Posted 21 days ago

    Dedee, 

    Nothing against State Farm, but they do not train their agents in commercial insurance. I was an ex-Farmers agent and did things similar due to lack of knowledge. Most of your self-storage programs will exclude the U-Haul business entirely but will not require that you set up a separate LLC.  

    Should you have any questions, please contact our office at 281-494-6400. Cameron Copeland handles our self-storage programs. 

    Sincerely, 



    ------------------------------
    Scott Ashley
    Assurance One of Texas, LLC
    Sugar Land TX
    (281) 494-6400
    ------------------------------



  • 3.  RE: UHaul Insurance Requiring a different LLC

    Posted 20 days ago
    We have been a U-Haul dealer for 10 years and with the same insurance agent that same period of time and it is obvious State Farm does not know your business.
    We have never been asked for this.  Call Brian Bogdanoff 888-525-1760 or (m)561-350-9507.  brian.bogdanoff@storable.com

     

     

    David Fisher

    Fisher Global Development

    Group of Companies

    Care to schedule a call?

    (281) 391-2510 o.| (281) 794-2361 c.

    david@fishergloballlc.com

    www.fishergloballlc.com

    15500 Voss Road, Suite 204, Sugar Land, Texas 77498

                       United States Air Force Veteran                                                     Veteran Owned Company                    








  • 4.  RE: UHaul Insurance Requiring a different LLC

    Posted 20 days ago

    We had U-Haul at two properties over a ten year period and never had a request for a separate LLC. A new insurance provider may be a better solution than setting up a new LLC.



    ------------------------------
    Michael Meylor
    Neutron Corporation / Alamo Storage
    San Antonio TX
    (210) 593-8858
    ------------------------------



  • 5.  RE: UHaul Insurance Requiring a different LLC

    Posted 20 days ago

    No need to separate the U-Haul LLC. Our agency writes 3-5 self-storage facilities a month in Texas and surrounding states. Assurance One of Texas is an independent agency, so we will shop all policies on an annual basis to verify best coverage/premiums. Give us a call! 

    Scott Ashley/Owner

    Cameron Copeland/Self-Storage Program Producer

    281-494-6400



    ------------------------------
    Scott Ashley
    Assurance One of Texas, LLC
    Sugar Land TX
    (281) 494-6400
    ------------------------------



  • 6.  RE: UHaul Insurance Requiring a different LLC

    Posted 19 days ago

    I wonder if an attorney might see an advantage to separating the businesses for liability reasons or resale reasons.



    ------------------------------
    Lester Strait
    Grande Self Storage
    Grapevine TX
    (817) 481-5796
    ------------------------------