You have three options for replicating the data in your storage account, to protect your data in the event of a failure or ...

You have three options for replicating the data in your storage account, to protect your data in the event of a failure or outage.

Locally Redundant replication replicates your data within the same region. 
    
Geo-Redundant replication, the default, replicates your data to a secondary storage region.

Read-Access Geo-Redundant replication replicates your data to a secondary storage region, with read-only access enabled.