- (1) "Rental agreement" means a written agreement setting forth the terms and conditions governing the use of storage space provided by a self-service storage facility.
- (2) "Renter" means a person who uses storage space from a self-service storage facility pursuant to a rental agreement.
- (3) "Self-service storage facility" means a person or agency engaged in the business of providing leased or rented storage space to the public.
(4) "Self-service storage insurance" means a contract of insurance issued to a renter as part of an agreement of self-service storage with respect to:
- (a) hazard insurance coverage provided to a renter for loss or damage to tangible personal property in storage or in transit during the rental period; or
- (b) tenant liability insurance coverage.
- (5) "Self-service storage insurance license" means a limited line producer license with a self-service storage insurance limited line producer line of authority that authorizes a person licensed under this rule to offer self-service storage insurance in connection with, and incidental to, a rental agreement on behalf of an insurer.
- (6) "Storage space" means a room, unit, locker, or open space offered for rental to the public for temporary storage of personal belongings or light commercial goods.
Terms used in this rule are defined in Sections 31A-1-301 and 31A-23a-102. Additional terms are defined as follows:
KEY: self-service storage, insurance
Date of Last Change: June 21, 2022
Notice of Continuation: September 15, 2023
Authorizing, and Implemented or Interpreted Law: 31A-2-201; 31A-23a-104; 31A-23a-106; 31A-23a-110; 31A-23a-111; 31A-1-301; 31A-23a-102