Some of the most valuable items we own are often kept in an outbuilding such as a shed in the garden or a garage. Such items often include things like bicycles, lawnmowers, expensive tools and other valuables that you might have put away into storage.
In some cases people put their musical instruments, gym equipment or home entertainment systems and cinemas in a shed or garage, which has been converted into a recreational activity area. You may even have a pool house or a sauna built into the garden, and often these structures cost a lot of money.
Aside from the structure, the valuables inside can make outbuildings like a shed or garage very costly to repair or replace if anything were to happen to them, making them very important to insure.
Firstly, if you already have home contents insurance and buildings insurance then you will need to check the terms and conditions of your policy to check what aspects of your shed, garage or outbuilding are protected. Secondly, then you can see how much extra protection to pay for.
If you do not have any insurance or only home contents insurance but not buildings insurance, then you should read on to learn more about the types of insurance policies and level of cover available to protect the structure and contents of your garage, shed or outbuilding.
Is my shed or garage covered with my home insurance?
To fully protect your shed or garage or any other kind of outbuilding on your property, you will need to get home contents insurance as well as buildings insurance.
Buildings insurance provides cover on the structure of the property against fire damage, flooding and most other unforeseen damages. The structure of the property is defined as the bricks, walls, roof and fitted kitchen and bathroom. It also includes the structure of garages, sheds and any other outbuildings listed in the insurance policy.
Home contents insurance provides cover on your possessions up to a certain value against theft, fire damage and flooding – and for an extra fee, accidental damage. If the possessions that you want to insure are above the value agreed in the home insurance policy then you will need to pay extra if you want to properly insure it.
Similarly, if your shed was built several years ago and is generally in poor condition, then if you make a claim because a flood or a falling tree destroyed it, the insurer may not think it was worth the amount you paid for it in the first place.
There are many different rules when it comes to insuring your home and any outbuildings you have, so be sure to read through all of the conditions before buying any home insurance or taking out extra cover.
Use our comparison service to help you find a home insurance policy that protects your valuables whether they’re inside the home or locked up in a shed or garage.
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