State Supreme court rules on self-storage liability case [Article]

Sue_C

Self-Storage Company’s “Protection Plan” Was Not Insurance Subject to State Insurance Code, California Supreme Court Rules

The Supreme Court of California has ruled that a self-storage company’s indemnity agreement was not subject to regulation as insurance under the California Insurance Code as it was “incidental” to the “principal object and purpose” of renting storage space.

The Case
Samuel Heckart rented a storage unit from A-1 Self Storage, Inc., in June 2012 for $55 a month.
The “A-1 Self Storage Rental Agreement” signed by Mr. Heckart released A-1 from liability for loss of or damage to property at the facility.
The rental agreement also required Mr. Heckart to maintain insurance for the value of his stored property...[Continue Reading]

Orkocean

I always loved hearing the "this is illegal, i'm taking you to court" over insurance/protection plan enforcement.