Home Insurance for your Garage Box: Is it Mandatory and What Does it Cover?

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

A building insurance for a garage box can protect you 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 Building Insurance for a Garage Box Mandatory?

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

✔ Owned by a garage – Building insurance not legally required, but highly recommended to cover damage.
✔ Garage box with mortgage – Banks often require that you take out building insurance if you have financed the garage.
✔ Garage box as part of a homeowners' association – The Owners' Association (VvE) may have a joint building insurance policy that covers the garage box.
✔ Garage box as a separate unit (for example on an industrial estate) – In this case a separate building insurance required, because a homeowners' association is usually lacking.

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

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

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

✅ What is Covered?

🔹 Fire damage – Coverage for fire, smoke and extinguishing damage.
🔹 Storm and weather damage – In case of damage due to storm, lightning and hail.
🔹 Water damage – Leakage due to rain or burst pipes.
🔹 Burglary and vandalism – Damage to the garage itself due to a burglary attempt.
🔹 Collision damage – If someone accidentally crashes into your garage.

📌 NB: Building insurance reimburses not the contents of the garage. Items such as cars, motorcycles or tools must be insured separately through a home contents insurance or vehicle insurance .

❌ What is Not Covered?

⛔ Stolen items from the garage – This is covered by home contents insurance.
⛔ Own damage due to poor maintenance – For example, cracks in the walls due to overdue maintenance.
⛔ Damage due to illegal activities – For example, 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 Home Insurance for a Garage Box?

Not every home insurance policy offers the same coverage for a garage box. Here are a few key points to consider:

✔ 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

Garage boxes are at extra risk of storm and fire damage, especially if they... detached are. Make sure your insurance fully covers this damage.

✔ 3. Consider extra coverage for burglary and vandalism

Garage boxes are often targets for burglars. Choose insurance that does too burglary damage to the garage itself covers.

✔ 4. Check the new value or rebuild value coverage

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

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

4. 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 box – The more expensive the garage, the higher the premium.
📌 The location – Burglary-prone areas often have higher premiums.
📌 Coverage level – Additional coverage for burglary and vandalism can increase 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 extra premium.
🔹 Garage box in a homeowners' association – Usually covered by the homeowners' association building insurance.

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

5. Frequently Asked Questions about Building Insurance for Garage Boxes

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

💬 Does home insurance also cover the items in my garage?
No, the building insurance covers it just the building itself. Do you want to insure tools, a motorcycle or other items? Then you have one Contents insurance necessary.

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

💬 Can I insure my garage box with my homeowners' association?
If your garage is part of a homeowners' association, it may be covered by the joint building insurance. Ask the homeowners' association manager about this.

💬 Is damage due to storm or fire always covered?
Yes, but some insurers charge an increased amount own risk for storm and fire damage.

6. 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!

Conclusion: Is Building Insurance for a Garage Box Mandatory and What Does it Cover?

Home insurance for one garage box is not legally required, 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 without obligation Finass Insures and discover the best insurance for your situation! 🚀