Weird £24 rule warning to all those with a garage | Tech News

Brits with a garage have been warned they may very well be paying a sneaky £24 charge. A new research has discovered that drivers who keep their automobiles in garages pay more for car insurance coverage.

Despite it seeming to be a more secure parking location, the average annual premium is £647 for those who store their car in a garage, in contrast with £623 for those who often park elsewhere. Go.Compare Car Insurance analysed gross sales information and located the most important distinction amongst drivers with third-party-only cowl. On average, third-party-only insurance policies price £790 for those who go away their car in a garage in a single day, whereas those who park elsewhere pay £54 much less at £736. But Go.Compare discovered that fewer drivers are utilizing garages to store their automobiles, with a 3% drop from 2023 to 2025 in car insurance coverage insurance policies for drivers who parked their car in a locked garage in a single day.

Many are changing their garages into additional rooms. Nearly a fifth (17%) of people dwelling in a home with a garage say they’ve transformed it within the final 5 years, with common makes use of together with home gyms, utility rooms and home workplaces.

The most common parking spot is the driveway at home, utilized by practically two-thirds in a single day, whereas a fifth mentioned they go away their vehicle on the street outdoors their home.

Tom Banks, car insurance coverage spokesperson at Go.Compare, mentioned: “Car insurance is often cheaper for those who park in more secure locations, so it might be a surprise to see that those who park in a garage actually end up with higher costs on average.

“One possible reason for this is likely related to cars increasing in size over recent years. This steady growth has made it much harder to fit cars in garages, which could be leading to an increase in claims for scrapes and bumps while parking in a garage, driving up premiums as a result.

“While parking in a garage could lead to more expensive premiums, we’d still suggest that drivers prioritise their vehicle’s security when choosing where to leave their car overnight.

“This will minimise the risk of theft and, in turn, the possibility of you having to claim. Whereas leaving it in a less secure location could increase this risk.

“If you have to claim, your premiums will likely go up as a result, meaning you could cancel out any savings you made by parking elsewhere in the first place.

“Ultimately, you should pick your parking spot based on where it’s least likely to be damaged or stolen. If that means leaving it in the garage, even if it results in a slight rise in your premiums, it could be the better option in the long run.”