Can you insure a Garage?
Believe it or not, this is an extremely common question! Mostly, garages that are within the boundaries of the main property residence are insured automatically and included within the buildings sums insured specified. However there is an ever growing need for standalone garage insurance – what we mean here is, insurance for garages that are outside the boundaries of a home. This is mainly due to:
- Garages that are rented out to tenants
- Garages that are not listed on the same property deeds as the main residence
Garages that are rented out to tenants
Garages can be a superb investment opportunity. Once frowned upon as an investment, they are now extremely popular with a steady rental yield which will appeal to investors. The market value has also increased substantially in recent years, primarily due to a surge in their demand, driven by an increase in commuters requiring parking space at their place of work or the nearest train station. Many investors have cashed in on this supply gap, and have purchased garages and rented them out. So much so, that most garages in the London area can be up to 5 times more to buy than it would to build them.
What does Lock up Garage Insurance Include?
Insurance for such garages includes property owner’s liability up to £5,000,000 and Loss of Rent insurance. Due to the nature of the building & its occupancy (or lack of it), insurance for lock up garages can be difficult to find and when you do, cover is limited to the same level of cover as you would expect on an empty residential property.
Garages that are not listed on the same property deeds as the main residence need separate lock up garage insurance
This is a common issue for many home owners and requires that they take out insurance separately from their home insurance. This usually is a result of owning a flat or house on a terrace, and the garage may be some distance from the house itself. Cover again includes Public Liability up to £5,000,000 if required and cover for Fire, Lightning, Earthquake & Aircraft.
Garages we can insure
We can insure most garages. Garages come with many different construction types and roofs. As a specialist lock up garage insurer we can insure the vast majority with the exception of non-wooden garages.
Garages with Flat Felt on timber roof – Covered
Garages with metal flat roof – Covered
Garages with concrete flat roof – Covered
Garages with Cement Fibre roof – Covered
Garages with Tiled Roof – Covered
Garages with Slate Roof – Covered
Portfolios of Garages
We can insure numerous lock up garages under 1 single policy. The garages themselves can be anywhere in the country and are given special rates. We can include include Wider Perils Cover for Portfolios only. For the number one provider of Lock Up Garage Insurance in the UK, call us or fill in our short online form.
Why choose the Property Insurance Centre
Independent advice by approachable staff online or by phone
Access to a wide range of insurers to source suitable insurance cover for your needs
Bespoke Insurance Schemes & Portfolio Policies available
We can tailor your policy to suit your exact needs to give you complete peace of mind
Competitive Premiums
Cover available for the buildings while the property is being converted, renovated or extended
Over 40 years experience working with the best insurers in the UK
Excellent communication so that you understand what risks you are insured against
Why choose the Property Insurance Centre
Independent broker with staff you can speak to by phone or online
Access to a wide range of insurers to source suitable insurance cover for your needs
Bespoke Insurance Schemes & Portfolio Policies available
We can tailor your policy to suit your exact needs to give you complete peace of mind
Competitive Premiums
Cover available for the buildings while the property is being converted, renovated or extended
Over 40 years experience working with the best insurers in the UK
Excellent communication so that you understand what risks you are insured against
Why choose the Property Insurance Centre
Independent broker with staff you can speak to by phone or online
Access to a wide range of insurers to source suitable insurance cover for your needs
Bespoke Insurance Schemes & Portfolio Policies available
We can tailor your policy to suit your exact needs to give you complete peace of mind
Competitive Premiums
Cover available for the buildings while the property is being converted, renovated or extended
Over 40 years experience working with the best insurers in the UK
Excellent communication so that you understand what risks you are insured against
Specialists in Commercial & Residential Insurance
We have over 40 years experience as Residential and Commercial Insurance Brokers. We find the right policy to suit your needs and understand the risks that a property owner can face in the course of ownership. We work closely with our Insurers to get the best rates and our experience and excellent relationships with them mean that we can provide cover for even the most difficult to place risks.
Whether you have an adverse claims history, a high value property or a large portfolio of properties, we can source suitable cover for you. Whatever your requirements, we can tailor a specialist property insurance policy to suit your exact needs and provide you with a range of quotes to choose from. Established in 1976, we are not a call centre but a specialist insurance broker with a traditional office mentality, where the client comes first.
Looking for a quote now? Give us a call on 0800 085 3761 or complete one of our quote request forms.
We are also authorised and regulated by the Financial Conduct Authority and you can view our registration here.
Get In Touch:
[contact-form-7 id="12585" title="New Callback"]We accept most payment types including:
Robert Fisher is a company director of the Property Insurance Centre, who specialise in Business and Property Insurance, serving clients throughout the United Kingdom. His expertise and career in insurance spans almost twenty years.
Robert’s background is in Building Surveying, which he studied at Heriot-Watt University, where he was awarded a BSc (Hons) degree. Much of his educational background is in Building Structural Safety from an engineering perspective.
The knowledge that Robert gained at undergraduate level has lent itself well, particularly as it has enabled him to evaluate the risks associated with certain buildings. This means he knows how best to place these risks and ultimately insure the properties against such risks.
His in-depth knowledge of various methods of construction has enabled him to easily identify which insurer’s underwriting criteria would best fit each client’s needs and provide the correct levels of cover.
Additionally, Robert is responsible for training the team and ensuring that they are always kept up to date with the latest industry developments. This is an area that he is naturally drawn to because of his inquisitive mind, diligence and passion for passing on knowledge to others.
He is a member of the Chartered Insurance Institute (CII) and qualified to Level 3 with the CII.
As part of the Level 3 certification, Robert has undertaken modules in Insurance, Legal & Regulatory (IF1), Insurance Claims Handling (IF4) and Insurance Household Products (IF6).
As a condition of CII membership, Robert continues his professional development by keeping abreast of the latest industry developments.
Contents
- 1 Can you insure a Garage?
- 2
- 3 Insurance under one roof
- 4 We are specialists in many types of insurance
- 5 What does Lock up Garage Insurance Include?
- 6 Garages that are not listed on the same property deeds as the main residence need separate lock up garage insurance
- 7 Block of Flats
- 8 Unoccupied
- 9 Home Insurance
- 10 Residential Landlord
- 11 Land Liability
- 12 Commercial Property
- 13 Lockup Garage
- 14 Restaurant
- 15 Takeaway
- 16 Classic Car
- 17 Mixed Use
- 18 Tradesmen
- 19 Why choose the Property Insurance Centre
- 20 Independent advice by approachable staff online or by phone
- 21 Access to a wide range of insurers to source suitable insurance cover for your needs
- 22 Bespoke Insurance Schemes & Portfolio Policies available
- 23 We can tailor your policy to suit your exact needs to give you complete peace of mind
- 24 Competitive Premiums
- 25 Cover available for the buildings while the property is being converted, renovated or extended
- 26 Over 40 years experience working with the best insurers in the UK
- 27 Excellent communication so that you understand what risks you are insured against
- 28 Why choose the Property Insurance Centre
- 29 Independent broker with staff you can speak to by phone or online
- 30 Access to a wide range of insurers to source suitable insurance cover for your needs
- 31 Bespoke Insurance Schemes & Portfolio Policies available
- 32 We can tailor your policy to suit your exact needs to give you complete peace of mind
- 33 Competitive Premiums
- 34 Cover available for the buildings while the property is being converted, renovated or extended
- 35 Over 40 years experience working with the best insurers in the UK
- 36 Excellent communication so that you understand what risks you are insured against
- 37 Why choose the Property Insurance Centre
- 38 Independent broker with staff you can speak to by phone or online
- 39 Access to a wide range of insurers to source suitable insurance cover for your needs
- 40 Bespoke Insurance Schemes & Portfolio Policies available
- 41 We can tailor your policy to suit your exact needs to give you complete peace of mind
- 42 Competitive Premiums
- 43 Cover available for the buildings while the property is being converted, renovated or extended
- 44 Over 40 years experience working with the best insurers in the UK
- 45 Excellent communication so that you understand what risks you are insured against
- 46 Specialists in Commercial & Residential Insurance
- 47 Get In Touch:
- 48 We accept most payment types including:
- 49 UK Call Handlers & Dedicated New Business Team
- 50 Call Us on 0800 085 3761
- 51 Robert Fisher
