Business Segments · Insurance

Self-Storage Operations — Insurance

Extra Space Storage Self-Storage Operations — Insurance decreased by 1.0% to $9.71M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.2%, from $8.43M to $9.71M. Over 3 years (FY 2022 to FY 2025), Self-Storage Operations — Insurance shows an upward trend with a 36.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

An increase may reflect rising insurance market rates or higher risk profiles for the properties, while stability is generally preferred.

Detailed definition

This represents the premiums paid to insure the self-storage properties against risks such as fire, theft, natural disas...

Peer comparison

Standard 'Insurance Expense' in property operating statements.

Metric ID: exr_segment_self_storage_operations_insurance

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$3.66M$3.66M$3.66M$3.66M$6.37M$6.37M$6.37M$6.37M$8.25M$8.07M$8.24M$8.34M$8.43M$8.77M$9.88M$9.81M$9.71M
QoQ Change+0.0%+0.0%+0.0%+74.0%+0.0%+0.0%+0.0%+29.5%-2.2%+2.2%+1.2%+1.1%+3.9%+12.7%-0.7%-1.0%
YoY Change+74.0%+74.0%+74.0%+74.0%+29.5%+26.7%+29.4%+31.0%+2.3%+8.7%+19.9%+17.6%+15.2%
Range$3.66M$9.88M
CAGR+27.6%
Avg YoY Growth+36.6%
Median YoY Growth+29.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is Extra Space Storage's self-storage operations — insurance?
Extra Space Storage (EXR) reported self-storage operations — insurance of $9.71M in Q1 2026.
How has Extra Space Storage's self-storage operations — insurance changed year-over-year?
Extra Space Storage's self-storage operations — insurance increased by 15.2% year-over-year, from $8.43M to $9.71M.
What is the long-term trend for Extra Space Storage's self-storage operations — insurance?
Over 3 years (2022 to 2025), Extra Space Storage's self-storage operations — insurance has grown at a 36.1% compound annual growth rate (CAGR), from $14.64M to $36.89M.
What does self-storage operations — insurance mean?
Total insurance premiums for the storage property portfolio.