Currently, many tenants pay third-party insurance companies for their coverage. Premiums are collected and pooled into an account and as the tenants file claims for let’s say, a broken door or water damage to the contents inside, the insurance company pays them out. Whatever’s left over, they keep. Imagine if there was a simple way for Storage Owners to redirect the money customers were already paying into an insurance company that they own, and managing that risk more effectively.