Your Path to
Profit and Protection
Increase your bottom line, increase your property appraised value, and easily earn extra revenue. 6Storage Tenant Protection covers fires, windstorms, theft, and damage from rodents and insects. In the event of a claim, your tenant will receive the replacement costs for their goods vs. the depreciated value.
6Storage Tenant Protection Plan
The 6Storage Tenant Protection Plan is a powerful, revenue‑generating solution that helps self‑storage operators protect tenants’ stored belongings while boosting property value and improving operational efficiency. Fully integrated within the 6Storage management platform, this protection plan offers simple enrollment, automated tracking, and a seamless way to increase rental income and Net Operating Income (NOI). As a compliant, easy‑to‑manage alternative to traditional self‑storage insurance, the Tenant Protection Plan enhances tenant trust and provides clear, straightforward coverage options.
For operators handling a claim, 6Storage makes the process simple: the operator must complete the Operator Claim Form, and the tenant is required to fill out the Tenant Claim Form which can be found on the operator’s website. Both documents must be submitted to initiate a review. This ensures accuracy, transparency, and efficient resolution for both operators and tenants.
Tenant Protection Calculator
Estimate Your Profit
Facility owners can set competitive premiums, earning up to 70% of the monthly premium collected.
Why 6Storage Tenant Protection?
Choose from tailored coverage options for storage units and vehicle parking, including catalytic converter protection.
Storage Unit Policy
Parking Policy
Additional 6Storage Tenant Protection Benefits
No
Deductible
Tenants receive full replacement cost without out-of-pocket expenses.
Easy
Integration
Seamlessly add protection plans to tenant invoices through our 6Storage management software.
Online Claims Customer Portal
Tenants can file their claims online.
Tenant Peace of Mind
Tenants can rest assured knowing their valuables are protected against unforeseen events.
Additional Revenue Stream
Facility owners can set competitive premiums, earning up to 70% of the monthly premium collected.
Reviews & Testimonials
Peace of Mind for Your Tenants and You
The flexibility 6Storage gives me as a working mom has made all the difference. It’s the best platform I’ve used.
Sarah O.
I’m happy with both the product and the friendly support team. They make everything simpler.
Andrea M.
Their support is always there to help us resolve issues or suggest improvements. It’s comforting knowing they’ve got our back.
Paula H.
FAQ
We’ve Got You Covered!
What is a Tenant Protection Plan (TPPS)?
A Tenant Protection Plan is a facility-offered protection program that reimburses tenants for loss or damage to stored goods caused by events like fire, theft, or other unexpected events. Water damage is covered with restrictions.
It is not insurance. It is a contractual protection agreement administered by the facility.
Why do operators offer Tenant Protection Plans?
Operators implement TPPs to:
- Reduce liability disputes after loss events
- Create a structured resolution path for tenants
- Generate additional recurring revenue
It turns unexpected incidents from legal problems into a service process.
Can participation be required?
Yes. Operators may choose to make participation in the Tenant Protection Plan mandatory as a condition of rental. While participation is optional for operators, 6Storage strongly recommends requiring tenants to maintain coverage either through enrollment in the facility’s Tenant Protection Plan or by providing proof of third‑party insurance. Requiring coverage ensures that both the tenant’s stored property and the operator’s liability exposure are protected.
Why we recommend requiring coverage:
• For tenants = Their stored property is protected from common risks such as theft, fire, and other unexpected events. Coverage is simple, affordable, and provides immediate peace of mind.
• For operators = Requiring coverage reduces disputes, minimizes liability exposure, and ensures every unit is properly documented. It also streamlines operations by eliminating uninsured loss claims and improving overall risk management.
How does it generate revenue?
Facilities:
- Set coverage tiers
- Set pricing
- Bill monthly with rent
Revenue scales automatically with occupancy and participation.
Does offering Tenant Protection Plans increase the value of my property?
Yes. Tenant Protection Plan revenue is considered rental income, not ancillary income. Because rental income increases your Net Operating Income (NOI), it directly boosts your property’s overall value.
Does this increase operational workload?
No.
Everything is tracked inside your platform.
Our TPPs are designed to be simple to roll out and easy to manage:
A dedicated protection addendum is signed at move-in alongside the lease
Participation fees are automatically billed with rent.
How is this different from requiring tenant insurance?
TPPs are:
The operator is not required to obtain a license from the State Insurance Department.
Easier to implement
More consistently adopted
Controlled by the facility
Revenue-generating
What is the typical revenue split?
While structures may vary, our TPPs are designed so that:
- Facilities usually retain much of the revenue collected – up to 70%.
- 6Storage will bill the operator monthly for a smaller portion of the plan to back the protection plans
This allows operators to generate meaningful additional revenue without taking on the claims or compliance burden.
Why do most successful operators implement a Protection Plan?
Because it:
- Controls risk
- Creates predictable revenue
- Reduces disputes
- Protects brand reputation
- Adds asset value
It’s operational structure, not just a fee.