Storage insurance for your garage box: is it mandatory and what does it cover?

A garage box is a valuable possession, whether you use it for your car, motorcycle, tools or storage of other precious items. But what if your garage rises fire damage , storm damage occurs or burglary takes place ?

a home insurance for a garage box against unforeseen damage and financial risks. But is it mandatory? What exactly does it cover? And how do you choose the right insurance? In this blog we answer all these questions and help you make the best choice.

1. Is a home insurance for a garage box mandatory?

A building insurance for a garage box is in some cases mandatory and in other cases voluntary , depending on the ownership situation:

✔ With a garage box owned - a home insurance is not required by law , but highly recommended to cover damage.
✔ Garage box with mortgage - banks often demand that you take out home insurance if you have financed the garage box.
✔ Garagebox As part of a VvE - The Owners' Association (VVE) can have a joint home insurance that covers the garage box.
✔ Garage box as a separate unit (for example on a business park) - in this case a separate home insurance is needed , because a VvE is usually missing.

💡 Do you doubt whether your garage is already insured? Check the policy of your home insurance policy or inquire at the VvE.

2. What does a home insurance cover for a garage box?

A home insurance covers damage to the garage box itself, but not the items in it. The exact coverage differs per insurer, but usually the following risks are covered:

✅ What is covered?

🔹 fire damage- coverage in the event of fire, smoke and extinguishing damage.
🔹 Storm and weather damage- In the event of damage caused by storm, lightning and hail.
🔹 Water damage - leakage due to rain or jumped pipes.
🔹 Burglary and vandalism - Damage to the garage itself due to a burglary attempt.
🔹 Collision damage - if someone accidentally hit your garage.

📌 Please note: a home insurance does not reimburse the content of the garage . Stuff such as cars, motorbikes or tools must be insured separately via a household insurance or vehicle insurance .

❌ What is not covered?

⛔ Stolen items from the garage - this falls under a household insurance.
⛔ Own damage due to poor maintenance - for example cracks in the walls due to overdue maintenance.
⛔ Damage due to illegal activities - for example, a fire due to storage of hazardous substances.

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

3. How do you choose the best building insurance for a garage box?

Not every home insurance offers the same coverage for a garage box. Here are a few important points of attention:

✔ 1. Check whether your garage falls under your home policy

Some home insurance policies cover individual garages if they are on the same plot as your home. Is your garage somewhere else? Then a separate insurance required.

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

Garage boxes run an additional risk of storm and fire damage, especially if they detached . Make sure your insurance covers this damage in full.

✔ 3. Think of extra coverage for burglary and vandalism

Garage boxes are often targets for burglars. Choose an insurance policy that also covers burglary damage to the garage itself

✔ 4. Check the new value or rebuilding value coverage

In the event of damage, your garage will be reimbursed on the basis of the rebuilding value . Make sure that this value is realistic and not too low.

💡 TIP: Insurers sometimes offer a premium discount if your garage is equipped with good security, such as a certified lock or alarm system.

4. What does a building insurance cost for a garage box?

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

📌 The value of the garage box - the more expensive the garage, the higher the premium.
📌 The location - burglar -sensitive areas often have higher premiums.
📌 Discount level - Extra coverage for burglary and vandalism can increase the premium.
📌 Own risk - a higher deductible lowers the premium.

💰 Indication of the costs:
🔹 Loose garage box - from € 5 to € 15 per month .
🔹 Garagebox as part of home insurance - often included, without extra premium.
🔹 Garage box in a VvE -usually covered by the VVE-Opstal insurance.

💡 Do you want to know what an insurance policy costs for your garage box? Request a free quote from Finass insures .

5. Frequently asked questions about building insurance for garage boxes

💬 Is my garage box insured through my home insurance?
Sometimes, but only if the garage is on the same plot as your home. Check this in your policy conditions.

💬 Does a home insurance also cover the items in my garage box?
No, the home insurance only covers the building itself . Do you want to insure tools, a motorcycle or other items? Then you need a household insurance .

💬 What if my garage box is vacant?
Some insurers limit coverage in the event of long -term vacancy. This can affect the compensation in the event of damage.

💬 Can I insure my garage box with my VVE?
If your garage is part of a VvE, it can fall under the joint home insurance. Request this from the VvE manager.

💬 Is damage caused by storm or fire always covered?
Yes, but some insurers use an increased deductible for storm and fire damage.

6. How do you take out home insurance for your garage box?

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

1️⃣ Check whether your garage is already co-insured with your home or VVE-Opstal insurance.
2️⃣ Compare coverings and premiums from different insurers.
3️⃣ Select an insurance policy with the correct coverage for fire, storm and burglary damage.
4️⃣ Request a quote from Finass insure for a customized policy.
5️⃣ Take out the insurance and enjoy optimum protection!

Conclusion: is a home insurance for a garage box mandatory and what does it cover?

A building insurance for a garage box is not required by law , but often necessary to limit financial risks in the event of damage. Fire damage, storm damage and burglary damage can entail high costs.

💡 Do you want to optimally protect your garage box? Request a quote from Finass insures and discover the best insurance for your situation! 🚀