{"id":249158,"date":"2023-12-20T15:19:00","date_gmt":"2023-12-20T15:19:00","guid":{"rendered":"https:\/\/automotobuzz.com\/?p=249158"},"modified":"2023-12-20T15:19:00","modified_gmt":"2023-12-20T15:19:00","slug":"parking-in-common-area-could-dramatically-hike-car-insurance-costs-this-winter","status":"publish","type":"post","link":"https:\/\/automotobuzz.com\/car-reviews\/parking-in-common-area-could-dramatically-hike-car-insurance-costs-this-winter\/","title":{"rendered":"Parking in common area could dramatically hike car insurance costs this winter"},"content":{"rendered":"

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Parking in a popular area this winter could dramatically hike car insurance prices with drivers set to pay over \u00a350 more, according to experts.<\/p>\n

New research from Go Compare car insurance has found parking in a garage could backfire with costs likely to increase.<\/p>\n

Analysis shows that drivers who leave their car in a garage overnight are likely to pay \u00a354 more than those who store a car anywhere else around the house.<\/p>\n

On average, motorists who park their cars in a locked garage pay around \u00a3710 per year for cover compared to just \u00a3656 for those parking in other areas.<\/p>\n

The statistics show those with fire and theft policies are more greatly affected with some paying over the odds for premiums.<\/p>\n

READ MORE <\/strong> UK city parking war erupts as mystery local puts ‘rude’ notes on cars<\/strong><\/p>\n

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Motorists with this policy who park in a garage will pay around \u00a31,053 compared to \u00a3875 a year for those stopping elsewhere.<\/p>\n

This would be a substantial \u00a3178 reduction in a massive blow to families amid the cost of living crisis.<\/p>\n

Tom Banks, car insurance expert at Go Compare has explained why garages may be seen as a higher-risk location.<\/p>\n

He said: \u201cThere are various reasons why keeping your car in a garage may result in a more expensive premium. Some insurers may feel garages can pose their own security risks.<\/p>\n

\u201cIf the garage is connected to your property, your car could get taken in the event of a home break-in, while if the garage is unconnected, you may be unable to hear the thief entering your car.<\/p>\n

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