
Tenant Protection Program
Storage Protection Administration (SPA)
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SSOA provides marketing and administrative services to assist self-storage owners with the implementation of the finest Protection Plan in the industry.
No Licensing | Highest Profit Margins | Training
Easy Start Up| Marketing |Monthly Billing
Available in ALL 50 States
"A" Rated
FREE QUOTE
Profit Margins Up To 80%
The SPA Program
Storage Protection Administration
SSOA, a training and administration company, provides the services that will increase self-storage facilities competitive advantage in the marketplace.
A simple way and affordable solution to provide a tenant protection plan with monthly billing to the facility. Customize your program and determine your own margin with the assistance of SSOA.
The SPA Program offers a way for facilities to grow and warrant their own policy when the time is right.
This is NOT Tenant Insurance. Tenant Insurance laws and coverage may vary by state and can be very confusing for owners and tenants in the event of a claim. For tenant insurance, the facility owner needs to be licensed and follow specific guidelines from each state insurance department and policy coverage form. The owner then has to have individual insurance policies for each tenant issued, which is not very efficient. Tenant may have high deductibles and receive the depreciated value of their stored contents, which will damage the facility reputation. Profit margins to owners are typically 20-30% for tenant insurance products.
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SSOA provides the administration services and training for the Protection Plan. A protection plan is a contractual liability policy between the storage facility and the tenant, where the facility agrees to pay the tenants covered loss. It is the same coverage and terms in all 50 states. It's simple, efficient, and can be integrated with your self-storage software system. The lease addendum provides an outline of the coverage, and the collected cost is additional rental income to the facility. You are billed monthly only on the set cost, and you set the prices at each facility which enables you to have the highest profit margins available to the facility owner- up to 80%!
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Protection Plans have become so popular that almost everything you buy at a store and online comes with a protection plan option!
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Why provide this protection?
Give your tenants the confidence in safe, secure, and dry self-storage. When a loss occurs, your reputation is at stake. Knowing that a tenant protection plan was provided and understanding how the claim will be settled provides peace-of-mind, and the headache away from the facility manager & owner.
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Who pays the deductible and how are claims settled?
The policy in place has a $0 deductible option. All claims are settled as replacement cost, and claims are settled quickly!
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Why is my tenant insurance company not selling this to me?
The tenant insurance companies do not have access to this product. They don't want to lose your business!
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How Do I Get Started?
Contact Us Today!
We will provide you with the marketing materials and training and instructions on how to start your program. We will have you ready to go within 72 hours.
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What is Included in a Protection Plan

FIRE

Lightning

Wind Damage

Burglary/Vandalism

Rodents & Insects

Vehicles

Water Damage
