Own garage box? Why Home Insurance is Smart for Protection against Damage

Do you have one? garage box to store your car, motorcycle or valuables? Or do you use your garage box as... investment object and do you rent these out? However you use the garage box, it is important to keep it properly insure against damage due to fire, storm or burglary.

Immediately building insurance for your garage box protect yourself against high costs in the event of damage. But why is this so important? What exactly does home insurance cover? And when is separate insurance necessary? We explain it in this blog.

1. Why is Building Insurance for a Garage Box Important?

Je denkt er misschien niet altijd aan, maar een garage box loopt net zo goed risico op schade als je woning. Denk aan:

✅ Storm damaging the roof
✅ Fire due to short circuit or external factors
✅ Burglary in which the garage door is forced
✅ Water damage due to leakage or flooding
✅ A car accidentally crashes into the garage

Without insurance, the repair costs increase significantly. Building insurance covers this damage, so that you do not have to incur high costs yourself.

2. When do you need Building Insurance?

A home insurance is not always mandatory, but often highly recommended. Whether you need separate insurance depends on you situation:

✔ Garage box on site (near your house) – Often included in the insurance building insurance for your home.
✔ Separate garage box at another location - A separate building insurance is necessary.
✔ Garage box in a VvE (Owners' Association) – Often collectively insured through the homeowners' association, but check the coverage.
✔ Garage box with mortgage – Banks often require building insurance when financing.
✔ Rented garage box - A building insurance for rented real estate is essential to cover financial risks.

💡 Tip: Are you unsure whether your garage is already insured? Check the policy conditions of your home insurance or inquire with your homeowners' association.

3. What does Building Insurance cover for a Garage Box?

Home insurance covers damage to construction of the garage box, but not the things in it.

✅ What is Covered?

🔥 Fire – Damage due to short circuit or external fire.
🌪 Storm and hail damage – Coverage for damage to roof, walls and doors.
💦 Water damage – Leakage due to rain or burst pipes.
🔑 Burglary and vandalism – Coverage for forced locks and damaged doors or walls.
🚗 Collision damage – If a vehicle drives into your garage.

❌ What is Not Covered?

⛔ Stolen items from the garage – Do you want to insure your tools, motorcycle or car? Then you have one home contents or vehicle insurance necessary.
⛔ Damage due to overdue maintenance – Insurers do not pay out if damage is caused by poor maintenance.
⛔ Illegal activities – Damage due to storage of hazardous substances will not be reimbursed.
⛔ Normal wear and tear – For example, outdated garage doors that fail.

💡 Do you want to know which coverage best suits your situation? Request a quote from Finass Insures.

4. What if your Garage Box is Covered by your Home Insurance?

Like your garage box on the same plot as your home is, then it often falls under the building insurance for your home.

Check your policy conditions:

✔ Are outbuildings included as standard?
✔ Is there a maximum distance between home and garage?
✔ Are rented garages also covered?

📌 Tip: Is your garage box somewhere else? Then one separate building insurance necessary.

5. How do you choose the Best Home Insurance for your Garage Box?

Not all insurance policies provide the same coverage. Pay attention to these points when choosing insurance:

✔ 1. Check whether your garage is covered by your home policy

Some home insurance policies cover separate garages if they are on the same plot as your home. Is your garage located somewhere else? Then one separate insurance necessary.

✔ 2. Choose the right coverage for storm and fire damage

Garages are extra vulnerable to this storm, hail and fire. Make sure you have insurance for this damage complete covers.

✔ 3. Pay attention to coverage in the event of burglary and vandalism

Garages and garages are often targets burglars. Choose insurance that burglary damage to the garage co-insured.

✔ 4. Check whether the rebuilding value is properly insured

In the event of damage, you will receive compensation based on the damage rebuilding value. Make sure this realistic and is not estimated too low.

💡 Tip: Insurers sometimes give discount if your garage is one extra good lock or alarm system has.

6. How much does Building Insurance cost for a Garage Box?

The premium for home insurance for a garage depends on various factors:

📌 The value of the garage – The more expensive the garage, the higher the premium.
📌 The location – Burglary-prone areas often have higher premiums.
📌 Coverage level – Extra coverage for storm and burglary damage increases the premium.
📌 Own risk – A higher deductible lowers the premium.

💰 Indication of costs:
🔹 Separate garage box – From €5 to €15 per month.
🔹 Garage box as part of home insurance – Often included without additional premium.
🔹 Garage box in a homeowners' association – Often collectively insured through the homeowners' association.

💡 Do you want to know what insurance for your garage costs? Request a no-obligation quote from Finass Insures.

7. How do you take out Building Insurance for your Garage Box?

Do you want to be sure that your garage box is properly insured? Follow these steps:

1️⃣ Check whether your garage is already insured with your home or homeowners' association building insurance.
2️⃣ Compare coverage and premiums from various insurers.
3️⃣ Choose an insurance policy with the right coverage for fire, storm and burglary damage.
4️⃣ Request a quote from Finass Insures for a tailor-made policy.
5️⃣ Take out insurance and enjoy optimal protection!

💡 Do you want to optimally protect your garage box? Request a quote without obligation Finass Insures and discover the best insurance for your situation! 🚀