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Car Lease Insurance Corbin KY

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
1331 S Highway 25 W
Williamsburg, KY
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Corbin Insurance Agency
(606) 528-5151
100 North Kentucky Avenue
Corbin, KY
State Farm Bank
(606) 523-1119
1121 South Main Street
Corbin, KY
Curt Wyatt Insurance Inc
(606) 528-4933
314 North Main Street
Corbin, KY
Mike Sparks Ins Agency Inc
(606) 523-1119
1121 S Main St
Corbin, KY
Dell Sams Insurance
(606) 528-8120
109 North Commonwealth Avenue
Corbin, KY
Allstate Insurance Companies
(606) 528-4933
314 North Main Street
Corbin, KY
Brad Ingle Insurance Agency
(606) 528-3329
615 South Main Street
Corbin, KY
Insurance Marketing Group
(606) 523-0881
301 US Hwy 25 W
Corbin, KY
Kentucky Farm Bureau Insurance - Laurel CO Agents
(606) 528-2030
1456 West Cumberland Gap Parkway
Corbin, KY

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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