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Car Lease Insurance Albany GA

Car insurance rates are important when leasing. Coverage requirements are higher than most people already have. Find the lowest lease insurance rates by comparing quotes from multiple companies.

Allstate Auto Insurance
(888) 355-7971
723 N Slappey Blvd
Albany, GA
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Lighthouse Insurance Agency
(229) 420-7777
604 North Slappey Boulevard
Albany, GA
 
Malone Insurance Agency Inc
(229) 432-2349
623 West Oglethorpe Boulevard # B
Albany, GA
 
Alfa Insurance
(229) 432-0074
2031 North Slappey Boulevard
Albany, GA
 
Hubbard Sr- Jerome
(229) 883-4810
914 W Highland Ave
Albany, GA
 
Allstate Auto Insurance
(888) 355-7971
1702 Gillionville Rd
Albany, GA
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Affordable Insurance
(229) 432-2020
509 South Slappey Boulevard Suite B
Albany, GA
 
Bryant Ellen C
(229) 435-4900
Highway 82 East
Albany, GA
 
Gordon Bruce C Insurance
(229) 420-7777
604 North Slappey Boulevard
Albany, GA
 
Howard Ventulett & Bishop
(912) 883-2424
1803 Gillionville Rd
Albany, GA
 

Car Lease Insurance

Most auto lease companies require you to maintain insurance coverage as follows:

  • Liability coverage: $100,000 per person / $300,000 per occurrence
  • Property liability coverage: $50,000
  • Comprehensive and collision for actual value with no more than $500 deductible.

In Canada, $1,000,000 in liability coverage is required for car insurance when leasing.

This may be more coverage than you would normally buy, which could mean an additional leasing expense — unless you know how to get better rates. Most people are already paying too much for insurance, before they lease.

What's the deal with car insurance when leasing?

When you lease, your vehicle belongs to the lease company. They want to make sure that their investment is covered should you have an accident that damages or destroys the vehicle, or if the vehicle is stolen. They may also want you to have sufficient liability coverage in case you are at fault in causing an accident. This not only protects you from financial disaster, but it also protects the lease company if they should be held partly responsible.

Of course, having sufficient car insurance coverage is smart whether you are leasing or not. Many people attempt to get by with minimum coverage required by law but it's a big risk since there's so much to lose. Accidents do happen. Large lawsuits are common. If you have insufficient car insurance coverage, you can be personally sued for additional money after ...

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