Insurance garage box: do you need a home insurance?

A garage box can be a valuable investment, whether you use it as a parking space, storage space or rented object . But what if your garage rises fire damage , has storm damage , or there is a burglary ?

a home insurance for your garage box against these risks. But is such an insurance required ? What exactly is covered ? And how do you choose the best insurance ? In this blog you discover everything you need to know about insuring your garage box.

1. Is it required for your garage box?

The obligation of a home insurance for a garage box depends on your ownership situation :

✔ Garage box on its own land - a home insurance is not required by law , but strongly recommended to cover damage.
✔ Garage box with mortgage - many banks demand a home insurance if you have financed the garage box.
✔ Garage box in an Owners' Association (VVE) - The VvE can have a collective building insurance that will ensure your garage.
✔ Rented garage box - If you rent a garage box, a home insurance policy for rental strongly recommended.

💡 Do you doubt whether your garage box is already insured? Check your home insurance policy or ask your VvE.

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

A home insurance covers the garage itself , but not the things that are 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. What if your garage box falls under your home insurance?

In some cases, a separate garage is insured on your home insurance for your home. This usually applies if the garage box is on the same plot when your house is.

Check the policy conditions for:

✔ Or outbuildings (such as a garage) are included.
✔ Whether there is a maximum distance between your home and garage.
✔ Whether there are limitations for rented garage boxes .

📌 Note: Is the garage box in a different location than your home? Then a separate home insurance is required .

4. How do you choose the best garage box insurance?

Not all insurance policies offer the same coverage. Note the following points:

✔ 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.

5. What does a home 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 .

6. Frequently asked questions about GarageBox Insurance

💬 Is a garage box compulsory insured through my home?
Only if the garage on the same plot as your home. Otherwise, separate insurance is required.

💬 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.

7. 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!

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