Self-storage units are becoming more popular. (WGME)

PORTLAND (WGME) – If one of your new year's resolutions involves getting organized and decluttering, this may involve getting an independent storage unit.

But what happens if it is damaged or your belongings are stolen?

Self-storage units are becoming more popular.

In fact, the Self-Storage Association indicates that 10% of households use one.

But it's up to you to find out if your business inside is covered by insurance.

"Call your agent to find out if you are benefiting from offsite coverage," said Michael Barry of the Insurance Information Institute.

Many homeowners 'and tenants' policies actually cover objects stored far from home.

If the policy covers off-site, this coverage usually includes:

  • Lost items on the fly
  • Damage caused by fires
  • Tornadoes and other risks listed in the policy

This will probably not cover:

  • Flood
  • Earthquake
  • Mold
  • Vermin or bad care

Even if you have coverage, the return on investment could be limited.

"For example, if you have $ 100,000 in personal property in your home, $ 10,000 may be the limit when it comes to storing materials in a storage facility. "said Barry.

Experts say that you do not rely on the insurance company's own storage facility to cover you if their units are damaged by a fire or other disaster.

This insurance covers only the loss suffered by its property.

However, the warehouse can sell you additional insurance.

Many of these self-storage facilities offer you insurance coverage and this is a point to consider.

There are also limits to this coverage.

So, if you keep valuables in a storage unit, check what insurance agents are calling a customer or customer.

If we are talking about something like jewelry or furs, cover it separately from the homeowner's insurance policy

Insurance agents say that the beginning of the New Year is a good time to update your policies because the cost of replacing many things is increasing.