Why Insure Your Garage Box?
A Garage box is a worthwhile investment – whether you use it for your car, motorcycle, bicycles or storage. But what if there fire breaks out, damages the roof storm, or there will be broken into? Without insurance, you will be responsible for the costs yourself.
A building insurance for your garage box protects the structure against unexpected damage. The premium is low – starting from €5 per month – but the protection is great. At Finass Verzekert we compare 30+ Insurers to find the best coverage at the best price.
NB: Is your garage box part of your home or homeowners' association? Then it may already be insured. Check this out below.
Do you need separate insurance?
Whether you need separate insurance depends on where your garage is located and your ownership situation:
Garage box at Your Home
Your garage is on the same plot as your house (e.g. attached or detached in the garden).
✓ Often co-insured with homeSeparate Garage Box Elsewhere
Your garage box is located in a garage park or other location, separate from your home.
⚠ Separate insurance requiredGarage box in VvE
Your garage box is part of an Owners' Association (apartment complex).
✓ Often insured through the homeowners' associationRented Garage Box
You rent your garage to someone else.
⚠ Rental insurance requiredGarage box with mortgage
You have financed the garage box with a mortgage or loan.
⚠ Often required by the bankGarage box for Storage
You do not use the garage box for a car, but for storing things.
⚠ Check coverage + contentsWhat does Garage Box Insurance cover?
Home insurance covers damage to construction of your garage box – not the stuff in it. This is what is usually covered:
Fire damage
Fire, smoke and extinguishing damage to the garage
Storm & Hail
Damage to roof, walls and doors
Water damage
Leakage, rain and burst pipes
Burglary damage
Forced doors, locks and walls
Vandalism
Intentional damage to the garage
Collision
When someone crashes into your garage
⚠️ Please note: Your car, motorcycle, bicycle and tools in the garage are NOT insured through the home insurance. For this you need home contents insurance (with outdoor coverage) or specific insurance.
💰 How much does Garage Box Insurance cost?
| Situation | Indication of Premium |
|---|---|
| Separate garage box (separate plot) | €5 - €15 / month |
| Garage box at home (insured) | Often included |
| Garage box in VvE | Via homeowners' association contribution |
| Rented Garage Box | €8 - €20 / month |
The exact premium depends on: reconstruction value, location, security measures and deductible.
💡 Tips for Insuring Your Garage Box
- First check your current policy – Check whether your garage box is already insured with your home or homeowners' association.
- Determine the reconstruction value correctly – Usually €10,000 - €30,000. Too low = underinsurance.
- Invest in security – A good lock or alarm system can provide a premium discount.
- Don't forget your things – Arrange contents insurance for tools and other storage.
- Report rental to your insurer – Standard policies often do not cover rented garages.
