Why Your Garaging Address Is Important

garaging address

Why Your Garaging Address Is Important

09:24 21 December in Insurance, Personal

The cost of car insurance can vary dramatically. You probably already know that items such as driver age and gender, driving history and the age of the vehicle in question are taken into consideration before you get a car insurance quote. And depending on the specific factors, the annual cost of your policy could be anywhere from a few hundred to several thousand dollars.

But did you know that where you park your car, otherwise known as your garaging address, also has an impact on the amount you may have to pay? It’s true, and here’s why.

  1. The area where your garage is located influences how much you have to pay for your car insurance.
  • If the neighborhood you live in tends to see higher incidents of vehicle collisions, you’ll get a quote for a much higher rate than someone who lives in the surrounding area, but outside the limits of your city or town.
  • This is usually because of factors like a bigger vehicle population, the age of the driving population, the cost of getting your car fixed in that area if you get involved in an accident and the average rate of auto theft.
  • In general, drivers in more urban areas pay higher insurance premiums than drivers who live in less populated rural areas. This is due to the fact that they are exposed to a greater number of perils, which means a much higher chance of urban drivers eventually filing a claim.


  1. The presence of an actual garage and the kind of garage at your garaging address could mean lower car insurance rates.
  • Cars that are housed in an actual garage tend to be stolen, damaged and vandalized much less often than cars that are parked outside or on the street.
  • The type of garage you house your car in can influence vehicle insurance rates as well. Generally speaking, a garage that is attached to the house that you live in is the best kind for keeping your car secure and your insurance rate low. However, a detached garage or one that is located on a property nearby can also mean access to some significant discounts and savings.


It is important to mention here that different insurance providers may have different definitions and stipulations for determining whether or not your vehicle is actually garaged.

For example, one insurance company may require that your vehicle be parked in a garage located on your own residential property every single night for it to be consider garaged, while another may consider a car parked in any garage for any length of time fulfilling the right criteria.

If you aren’t sure about if, or how your garaging address influences your insurance rate, it is important to speak to a knowledgeable agent for clarification before you get a policy. Contact an Ihry Insurance representative today to find out if you are eligible for any discounts and extra savings for your garaged vehicle and to get a free car insurance quote.

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