Public Storage launches Savvy Storage Insurance Program to boost revenues and customer experience

Public Storage (NYSE:PSA) has unveiled its new Savvy Storage Insurance Program (“Savvy”), a groundbreaking tenant insurance initiative aimed at empowering property owners to augment ancillary revenues while elevating the customer experience. Administered through PSCC, Inc., a wholly-owned subsidiary of Public Storage, this program builds on the success of Public Storage’s existing Orange Door Storage Insurance Program.

What Savvy Storage Insurance Program Offers

The Savvy Storage Insurance Program will provide property owners across the nation access to an industry-leading storage insurance program. Property owners can anticipate seamless onboarding, dedicated support, lucrative compensation, and notably higher customer adoption rates compared to existing market offerings. More than 1.4 million Public Storage customers are already benefiting from the parent company’s simplified process, extensive coverage, and competitive rates.

Savvy to Integrate with Storable Platform

As part of the rollout planned for November, PSCC, Inc. is partnering with Storable, a foremost provider of end-to-end technology solutions for the self-storage industry. Property owners who currently use Storable’s SiteLink, storEDGE, or Easy Storage Solutions management software will be eligible to provide the Savvy Storage Insurance Program to their clientele. Storable’s commitment to offering vendor choices to its customers is further exemplified through this integration with Savvy.

PSCC, Inc. Eyes Expansion and Future Integrations

Marshann Varley, President of PSCC, Inc., expressed excitement about sharing the unique benefits of their storage insurance program with property owners and customers nationwide. “With over 45,000 self-storage facilities across the United States, the potential reach for Savvy is vast. We aim to broaden this offering through future software platform integrations and partnerships with additional property owners,” Varley said.

The launch of the Savvy Storage Insurance Program signifies a pivotal moment for Public Storage and its subsidiary, PSCC, Inc., as they look to revolutionize storage insurance options and set new standards in customer experience and revenue generation for property owners in the self-storage industry.