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CubeSmart’s Great American Stored Property Insurance Program
In December 2016, a class-action lawsuit was filed against CubeSmart (a self-storage company that requires customers to maintain insurance for items stored in its units) for, among other things, allegedly offering a “Great American Stored Property Insurance Program” without disclosing that the company collects a commission and therefore has a financial interest in customers’ purchases of this insurance policy. (Coleman et al v. CubeSmart, Case No. 16-cv-25009, S. D. FL.)
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