Case Study: Superior Storage boosts insurance revenue and penetration with Storable Insurance

Superior Storage boosts insurance penetration to 87% with Storable

Superior Storage, a self-storage operator with 29 properties, faced an untapped revenue opportunity with its tenant insurance program. The challenge, identified by their president, was low average revenue per enrolled tenant and inconsistent performance. They partnered with Storable to implement its insurance solutions to address this.

Storable provided a comprehensive suite of insurance programs, including Insurance to Value, Auto-Protect, and an Audit Letter Program, all integrated via API with their property management software. This solution, combined with strategic partnership and data-driven decisions, enabled Superior Storage to achieve an 87% insurance penetration rate and increase its average revenue per insured tenant by 122% to over $20 per month.

Superior Storage