A large portion of the American population doesn’t actually park their cars in the garage. They use their garages for storage. This isn’t necessarily a bad thing, but it does mean that you could be missing some coverage on your homeowner’s insurance policy. Make sure you have the insurance to protect what is most important for you.
A car is not covered by your homeowner’s insurance policy, since it has its own auto insurance policy. The rest of your garage items, however, are covered by homeowner’s insurance. Often, a garage might hold some expensive items such as an extra refrigerator, tools, other large equipment, or maybe some valuable keepsakes. Don’t forget about these items when determining the amount of coverage you need. Tell your insurance agent what valuable items are in your garage to make sure everything is covered.
The type of coverage you need actually changes based on the type of garage you have. For example, if your garage is detached, it may not be covered. This is something to ask your insurance agent. If the garage is attached, it usually is covered in your homeowner’s insurance policy.
You may need a dwelling extension, especially if you have multiple out-buildings. If you use a building for business, you need to also have this covered separately. It can be fairly complex when it comes to buildings and what is or is not included. To make sure you are completely covered, talk to your insurance agent. They will ensure you have the proper coverage when it comes to your garage and other buildings. Keep all of your valuable items protected.