How Much Does Storage Insurance Add-On Cost in Hong Kong? (2026)
Quick Answer
HK$50–$200 per month
Storage insurance provides comprehensive protection for stored items against theft, fire, flood, and accidental damage. Monthly premiums range from HK$50-$200 based on coverage amount, item type, and facility risk level.
Frequently Asked Questions
Most insurance policies take effect on the day items are stored, with no advance purchase required. Some insurers need to verify the inventory list before approval. We recommend purchasing when moving in to avoid coverage gaps. Premiums are calculated monthly and coverage can be adjusted or cancelled anytime.
Insurance typically excludes: (1) prohibited items (flammables, controlled substances); (2) voluntarily abandoned items; (3) undeclared item values; (4) minor damage from facility negligence (below deductible). Review all exclusions carefully when purchasing coverage.