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March 17, 2025 26 mins

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Is self-storage insurance breaking the bank? 

Scott Meyers welcomes back industry expert Terry Campbell for a record-breaking third time. 

After a brief "retirement," Terry has reentered the industry, this time leading the self-storage vertical at Johnson Insurance. 

Together, Scott and Terry unpack the rising costs of insurance, the impact of natural disasters on premiums, and strategies for self-storage investors to protect their assets without overpaying. 

They discuss how savvy operators can adapt to the shifting landscape, the importance of proper underwriting, and the potential opportunities that arise as market conditions squeeze out weaker players. 

WHAT TO LISTEN FOR

04:01 – Why Insurance Costs Are Skyrocketing (And How It Affects You)

10:43 – How to Accurately Underwrite Insurance Costs

14:04 – How Insurance Costs Can Impact Property Valuations and Deals

19:17 – Terry’s 2025 Game Plan for His Own Self-Storage Portfolio

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GUEST: TERRY CAMPBELL

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Attend the Self Storage Academy in Seattle, WA August 21-23

https://selfstorageacademy.com/ 

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