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Car Lease Insurance Concord NH

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 - George Colt
(603) 239-3093
239 Loudon Road
Concord, NH
Description
Safe Drivers Save 45% or More. Call Your Local Allstate Agent Today. Quick and Easy!

Liberty Mutual Group
(603) 528-4585
22 Bridge Street
Concord, NH
 
Labrecque- Matthieu J - State Farm Insurance Agent
(603) 225-2200
85 Manchester Street Apt 3
Concord, NH
 
Banker's Life and Casualty Company
(603) 230-3200
6 Loudon Road Suite 302
Concord, NH
 
Allstate Insurance-Colt & Associates- LLC
(603) 224-7444
239 Loudon Rd
Concord, NH
 
Allstate Auto Insurance
(888) 355-7971
614 Laconia Rd
Tilton, NH
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Bankers Life and Casualty Company
(603) 224-5385
6 Loudon Road Suite 302
Concord, NH
 
Allstate Insurance - George J Colt
(603) 224-7444
239 Loudon Road
Concord, NH
 
Able Insurance Agency-LLC
(603) 225-6677
130 Broadway Street
Concord, NH
 
George J. Colt- CIC
(603) 224-7444
239 Loudon Rd
Concord, NH
 

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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