Auto Leasing Guide
Go to LeaseGuide.com now !

Car Lease Insurance Columbus NE

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.

Michael Brittenham Ins Agcy In - State Farm Insurance Agent
(402) 564-4300
2320 23rd Street Ste A
Columbus, NE
 
Bankers Life and Casualty CO
(402) 493-4330
2460 18th Avenue
Columbus, NE
 
Farm Bureau Insurance
(402) 562-7777
2921 23rd Street
Columbus, NE
 
Farm Bureau
(402) 564-0558
3309 31st Street
Columbus, NE
 
Stempek- Shelley - State Farm Insurance Agent
(402) 564-5512
1570 38th Avenue
Columbus, NE
 
Sanders- Barbara L - State Farm Insurance Agent
(402) 564-8581
3220 19th Street
Columbus, NE
 
James E Pile
(402) 564-3311
1354 27th Ave
Columbus, NE
 
Davidson- Roland D - State Farm Insurance Agent
(402) 564-5512
1570 38th Avenue
Columbus, NE
 
Gateway Realty-Gmac Real Estate
(402) 564-1457
1668 33rd Avenue
Columbus, NE
 
Eberhart Jack
(402) 564-0558
3309 31st Street
Columbus, NE
 

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 ...

Click here to read the rest of this article from Lease Guide