Car insurance: garage discount – incorrect information can be expensive | message

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The garage discount

If you have already taken out car insurance, you have certainly come across the question of whether your car is in a closed garage at night or not. The answer to this question is relevant because the insurance companies – if applicable – deduct a so-called garage discount from the regular insurance costs.

This discount is granted when taking out partial or fully comprehensive insurance, as this means that, from a statistical point of view, the insurer can expect fewer damage, i.e. lower costs.

In this way, the garage not only protects the car from storm damage caused by falling branches and falling trees, but also from damage by third parties and theft.

The garage discount is usually calculated as a percentage of the annual insurance amount.

The conditions

For the discount to be granted, the garage must meet certain requirements. It must be one of the following types of garage:

?? Single garage

?? Double garage

?? Collective garage

?? underground car park

In addition, the garage must be lockable. So if you claim the garage discount, the insurance assumes that you will mainly park the car in the garage overnight (10 p.m. to 6 a.m.).

Incorrect information can be expensive

However, anyone who falsely claims that a garage is available and that the car is also accommodated there every night must expect severe fines and other consequences if blown up.

On the one hand, the insurance company can accuse the policyholder of negligence and intent in the event of damage, which would mean that the protection of the motor vehicle insurance would no longer apply. On the other hand, the insurance company may ask the insured person to pay for damage from third parties and demand payments of up to 5,000 euros.

The extreme case would be a loss of insurance cover, this always depends on the individual case. In addition, the lie would also be a reason for termination and could result in the cancellation of the insurance contract.

Henry Ely / finanzen.net editors

Image Sources: Andrey Chmelyov / Shutterstock.com, Evangelos / Shutterstock.com

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