29 Mar 2011

Why renting out a storage unit is important during flood season

Toronto homeowners typically rent out storage units when their possessions are taking up too much room in their living space, but they also use them to protect their valuables. So if local residents’ basements have a history of flooding, they may want to take what’s down there and put it in storage to be on the safe side.

That’s because according to data from Aviva Canada, 40 percent of all home insurance claims are related to water damage. And what homeowners spend to repair that damage has been particularly costly in the Toronto area.

Data compiled by Aviva reveals that in Ontario alone, the average cost a homeowner incurs due to water damage has risen 182 percent over since 2000, third only to British Columbia and Alberta.

Wayne Ross, vice president of property claims for Aviva Canada, says the increased cost is due to an increase in severe rainstorms and homeowners spending more money to refurbish their basements, the portion of the home that usually bears the brunt of damage.

Renting out a storage unit to hold furniture or expensive valuables during flood season provides an extra layer of protection and peace of mind to homeowners.
 

Be Sociable, Share!
Comment

Related Articles [3]

10 Items That Require Climate Controlled Storage

October 4th, 2021
When choosing the right kind of storage unit for your belongings, you may not give much thought into the climate or temperature of the unit in question. In fact, many people...

Why You Need a Climate-Controlled Storage Unit

February 22nd, 2021
Climate-controlled storage differs from regular storage in that it is kept at a stable and consistent temperature to ensure the safety of your valuable belongings. When...

Ten Items that Need to go into Climate Controlled Storage

September 4th, 2019
City dwellers know this trade-off all too well—the perfect two-bedroom downtown or a cozy townhouse often comes with one small sacrifice: there doesn’t seem to be enough...

Hammad Assan joined Jiffy Self-Storage in June 2012. He has over 20 years of experience in various Customer service, Sales and Management roles and is a Certified Self-Storage Operator through the Canadian Self Storage Association. His passion for sales and customer service has maintained Jiffy Self-Storage’s position as one of the GTA’s most successful Storage Facilities, as recognized by winning the Consumer Choice Award 22 years in a row, a perfect A+ rating with the BBB with zero complaints and a 4.5/5 Star Review rating on Google. Our tenants greatly appreciate his dedication to exceptional customer service and as a result Jiffy Self-Storage has been recognized and awarded for that. Please contact Hammad about any of your storage, parking, workspace or retail unit needs.

Leave a Comment






Recent Posts Blog Categories Archives Subscribe to RSS Feeds
Essential SSL