Storage Insurance Coverage
Here at National Storage, we have a saying. Well, actually, we have a few! But one of our favourites is: If it’s worth storing, it’s worth insuring.
It is a condition of your storage agreement that you keep the goods in your storage unit insured (see Terms and Conditions). Your goods are not automatically insured when placed in our storage units. You may arrange insurance on your own or alternatively you can take out insurance through National Storage. Under current legislation, we must wait 5 days from the date you purchase storage with us before we can arrange your insurance. We will be in touch in 5 days after your storage booking with more information around the insurance. Once contacted, insurance can be purchased through your online customer account and will be applied to your storage unit booking.
The insurance policies and rates are available through National Storage are set out below:
Storage Unit
Insurance for your goods is available through National Storage. For a full explanation of the policy, please read the Product Disclosure Statement (PDS).
Click here for the Gallagher Storage Risk Insurance Benefits PDS applicable to insurance taken on and from 21 November 2025.
Click here for the Supplementary PDS effective from 11th May 2026.
Please note, all claims under the policy are subject to excess of $250 per claim. Insurance will not be provided to customers in arrears. For a full list of policy exclusions from coverage, please refer to pages 9 to 11 of the PDS.
The Financial Services Guide (FSG) explains the products and services, how we and relevant persons may be remunerated for providing the services and other important information.
Click here for the FSG.
The Target Market Determination (TMD) is prepared by the issuer of the product (Starr International Insurance (Singapore) Pte. Ltd). The Target Market Determination aims to provide customers and product distributors with information to understand who the product is appropriate for based on their likely needs, objectives and financial situation. It also details the distribution conditions around how the product can be distributed to customers.
Click here for the TMD.
Please read the PDS, TMD and FSG before making any financial decision regarding your insurance needs.
| Sum Insurance | Insurance Premium |
|---|---|
| Up to $5,000 | $17.50 |
| Up to $10,000 | $22.50 |
| Up to $15,000 | $32.50 |
| Up to $20,000 | $37.50 |
| Up to $30,000 | $52.50 |
| Up to $40,000 | $62.50 |
| Up to $60,000 | $72.50 |
| Up to $70,000 | $82.50 |
| Up to $80,000 | $92.50 |
| Up to $90,000 | $102.50 |
| Up to $100,000 | $112.50 |
This cover is NOT suitable for
Customers who are:
- seeking cover for goods located outside the locked storage unit;
- being transported either to or from the storage unit or any other location;
- seeking cover for paintings, antiques, works of art valued in excess of $1,000;
- seeking cover for goods valued over $100,000;
- seeking cover for:
- currency, deeds, securities, money, money notes, bullion, jewellery, watches, precious stones, gold, precious metals, furs or garments trimmed with fur;
- paintings, curios or works of art;
- motor vehicles and motorcycles, whether they’re registered or not;
- ebikes, lithium batteries, chargers, devices and related items;
- boats or watercraft or aircraft;
- any highly flammable or hazardous goods;
- tobacco or cigarettes;
- paint;
- tyres in bulk;
- perishables;
- alcohol, wine or beer;
- travel tickets;
- collectable cards and/or trading cards, including but not limited to sports cards, Pokemon cards, Yu-Gi-Oh! cards and entertainment cards; or
- non-fungible tokens (NFT), cryptocurrency wallets, coins or tokens.
Wine Vault
Insurance for your stored sealed wine and spirits is available through National Storage. For a full explanation of the policy, please read the Product Disclosure Statement (PDS).
Click here for the Gallagher Wine Vault Storer’s Risk Insurance Benefits PDS.
Click here for the Supplementary PDS effective from 11th May 2026.
Please note, all claims under the policy are subject to an excess of $250 per claim. Insurance will not be provided to customers in arrears. For a full list of exclusions from coverage, please see the pages 9 to 12 of the PDS.
The Financial Services Guide (FSG) explains the product and services, how we and relevant persons may be remunerated for providing the services and other important information.
Click here for the FSG.
The Target Market Determination (TMD) is prepared by the issuer of the product (Starr International Insurance (Singapore) Pte. Ltd). The Target Market Determination aims to provide customers and product distributors with information to understand who the product is appropriate for based on their likely needs, objectives and financial situation. It also details the distribution conditions around how the product can be distributed to customers.
Click here for the TMD.
Please read the PDS, TMD and FSG before making any financial decision regarding your insurance needs.
| Sum Insurance | Insurance Premium |
|---|---|
| Up to $5,000 | $17.50 |
| Up to $10,000 | $22.50 |
| Up to $15,000 | $32.50 |
| Up to $20,000 | $37.50 |
| Up to $30,000 | $52.50 |
| Up to $40,000 | $62.50 |
| Up to $60,000 | $72.50 |
| Up to $70,000 | $82.50 |
| Up to $80,000 | $92.50 |
| Up to $90,000 | $102.50 |
| Up to $100,000 | $112.50 |
This cover is NOT suitable for
Customers who are:
- seeking cover for sealed wine and spirits located outside the locked storage unit;
- seeking cover for sealed wine and spirits being moved to or from the wine vault, storage unit or any other location;
- seeking cover for goods that are not sealed wine and spirits; or
- seeking cover for sealed wine and spirits valued over $100,000
Who we act for
Benefits of Storage Insurance
- Insure your belongings for extra peace of mind
- Keep your possessions protected
- An easy add-on – We will be in touch in 5 days after your storage booking with more information around our insurance.
PDS effective from 20 November 2025
Supplementary PDS effective from 11 May 2026
