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Car Lease Insurance Bozeman MT

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
3508 Laramie DR Ste 2B
Bozeman, MT
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Reisinger- Richard L - State Farm Insurance Agent
(406) 586-1365
1008 North 7th Avenue
Bozeman, MT
 
Kohs- Lyle D - State Farm Insurance Agent
(406) 586-2200
16 North 9th Avenue Ste 5
Bozeman, MT
 
Lanphear Insurance Agency
(406) 586-5449
821 West Mendenhall Street
Bozeman, MT
 
Farmers Insurance Group
(406) 586-1699
2304 West Main Street
Bozeman, MT
 
Allstate Insurance Companies
(406) 522-0020
2506 Putter Court
Bozeman, MT
 
State Farm Insurance Companies
(406) 587-0639
2054 Stadium Drive
Bozeman, MT
 
Daws- Brad W - State Farm Insurance Agent
(406) 587-4010
1716 West Main Street Ste 2
Bozeman, MT
 
State Farm Insurance Companies - Fire & Casualty Claims
(406) 586-3177
2054 Stadium Drive Suite A
Bozeman, MT
 
Farm Bureau Financial Services
(406) 388-8188
6300 Jackrabbit Lane
Belgrade, MT
 

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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