Bill Quickel's - Insurance Plus Agencies Inc. Blog
Are you planning to build a garage onto your home? You may be thinking about the differences in an attached and detached garage.
It may be a good idea to speak to your home insurance agent about the difference. Various factors impact the cost related to each type of garage. You should know what to expect before you invest here.
Attached Garages Add to Your Home’s Value
Home insurance policies cover attached structures to the home. This generally includes a garage.
If your home does not have one, but you add one, be sure to let your agent know. He or she will need to upgrade the policy. It needs to match the new value of your home. Attached garages existing on a home have coverage already. They typically are not more expensive to insure, then.
Detached Garages Are Not Always Included
If you have a detached garage on your property, again, let your insurance agent know. These structures might not come automatically on your policy. You want to be sure your agent adds them.
This can add a bit more cost to your policy. However, it does not mean it will be very expensive. If you want the policy to cover losses at a detached garage, you need to have it listed on your policy.
What Is In the Garage Matters
Some people transform their garage. It goes from storage to a rec room. What you put into this space matters. For example, if you store entertainment equipment here, you need to be sure you have enough contents coverage on your home insurance policy. This will help cover the value of these items if lost.
You also want to consider any high risks in the garage. Do you store paint or flammable liquids here? This can increase the risk at the home. Your agent needs to know this, too.
Before You Build
Before you build or change the garage to your home, call your home insurance agent. Discuss the options available to you.
Be sure your policy represents the type of structure you have. This way, you gain protection for it. You also get protection for the items within it. Protect it from fires, theft, vandalism, and other risks. A quality home insurance policy is one you can rely on to keep your entire home safe from loss. This should include your garage spaces.
Blog Post by: ITC
9/18/2021 04:04:11 am
Always install innovative locks in your office, home or garage because these locks are secure and tough as compared to other locks.
10/6/2021 05:50:11 am
When it comes to your property you have probably have several locks. When you have an issue with any of those locks it's time to call in the help of a locksmith.
12/22/2021 03:58:26 am
Whenever you want to install innovative locks in your garage door, always choose a local and professional locksmiths for the best and reliable job.
10/17/2022 01:02:39 pm
You made an interesting point when you talked about how it is a good idea to talk to an insurance agent when you are wanting to add a garage to a home. My wife and I are wanting to construct a custom home next year, and we are thinking of having a two-car garage built. We will have to make sure that we find an insurance agent that has experience with custom-built homes to consult with about the garage door.
11/21/2022 07:22:04 am
Make sure you let your agent know if you build a new garage.
1/18/2023 04:02:44 pm
To make your house seem new again, a home addition is absolutely a great solution for you.
2/27/2023 11:47:01 am
My brother is wanting to hire a contractor that has experience with steel buildings because he wants to have a detached garage constructed on his property. You made an interesting point when you mentioned that it is a good idea to call your insurance agent before you build a garage. I will have to tell my brother that he will need to contact his insurance agent and tell them what his plans are.
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