RENTAL AGREEMENT-STORE AT YOUR SOLE RISK; INSURANCE (See Insurance Addendum to rental agreement)
You store property at your sole risk. You are required to have some form of insurance covering the property in your space. Insurance is your sole responsibility. If you do not insure the property you store, you bear the full risk of loss or damage.We will not purchase insurance on your behalf.
1. You may purchase the insurance that we offer as a convenience to you but you, but you are not required to purchase it.If you elect to purchase that insurance, your monthly payment will include an additional amount for the coverage you select.See paragraph 2.1.3 about how payments or applied.
2. You understand that the storage insurance program offered at Public Storage is reinsured by a wholly owned subsidiary of Public Storage, and we may benefit financially if you purchase that insurance.