Joe DownsCEO & Co-Founder, Belrose Storage Group. Founder, Storage Moguls.

The massive insurance gap boat & RV operators miss

9 May 2026 · 1 min

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0:37

In this presentation, the speaker highlights that boat and RV storage operators face a unique insurance challenge because the average stored vehicle is valued at $50,000 or more. Unlike self‑storage of furniture and boxes, where financial exposure is limited, the high value of stored vehicles makes tenant insurance a daily operational concern and a significant, yet under‑exploited, revenue opportunity. Operators often treat insurance passively, but the speaker argues they should manage it deliberately to protect assets and capture additional income.

Chapters

But back to today, because in this vertical where the average stored vehicle is worth $50,000 or more, really more, tenant insurance is not a back office conversation. It's a daily operational reality and a revenue opportunity that most operators handle passively when they should be handling it deliberately. Here's the context that makes insurance different in this vertical compared to self-storage. A self-storage unit or tenant storing furniture and boxes has some financial exposure or something if something goes wrong, but it's manageable.