Why does the 10% rule for a self-storage facility not apply to personal property that is moved from the residence?

The 10% rule for a self-storage facility typically refers to policies that limit coverage for personal property when it is stored off-site or in a self-storage unit. This rule is designed to manage risk by limiting the amount of coverage for stored items after they are removed from the primary residence.

In the context of personal property being moved from the residence for repair, this situation is distinct because the items are not merely being stored; they are actively undergoing a process that affects their insurable status. Coverage is generally extended during their period of repair since they are often protected under a different provision that acknowledges the risk associated with items that are temporarily away from the residence for specific purposes.

Therefore, items that are being repaired can still be covered adequately under the terms of the policy, unlike those that are simply in storage with limited coverage. This reinforces the importance of understanding the nuances of insurance policies, as temporary situations like repairs can change how coverage applies compared to standard storage scenarios.