Does Where I Park My Car At Night Make A Difference To The Cost Of My Car Insurance?

In a word, yes. Vehicles are more likely to be stolen if they are parked in an insecure place overnight, such as on the street or a driveway, and insurers take this into account when assessing the cost of insurance premiums.

Therefore, if you have a garage you are using for storage rather than parking, clearing it out and parking your car inside could save you a lot of money.

However, if you have told your insurer that you park your car in a garage overnight, it is in your interest to ensure that you do. If your car is stolen while it is parked elsewhere, depending on the circumstances, some insurers may consider your policy void, while others may charge you a higher excess.

It is a little more complicated for people who alternate where they park their car, for example, sometimes parking it in their garage and sometimes parking it on their driveway. In such an instance, it is generally advised that you state you park your car in the driveway, as you will be provided with greater coverage and your chances of a payout are also increased.