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Car Lease Insurance Fairbanks AK

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 - Jim Ozimkoski
(866) 609-3866
59 College Rd Ste 205
Fairbanks, AK
Description
Safe Drivers Save 45% or More. Call Your Local Allstate Agent Today. Quick and Easy!

Bradbury- C James
(907) 452-6015
1401 Turner St
Fairbanks, AK
 
Tammera L Colledge Ins Agy Inc - State Farm Insurance Agent
(907) 488-7082
450 South Santa Claus Lane
North Pole, AK
 
Allstate - Stan Tebow
(866) 602-5587
3701 E Tudor Rd Ste 105
Anchorage, AK
Description
Safe Drivers Save 45% or More. Call Your Local Allstate Agent Today. Quick and Easy!

Allstate Auto Insurance
(888) 355-7971
7033 E Tudor Rd
Anchorage, AK
Description
Safe Drivers Save up to 20% on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Dick Randolph Ins Agency Inc - State Farm Insurance Agent
(907) 456-7787
610 12th Avenue
Fairbanks, AK
 
Jack Randolph Ins Agency Inc - State Farm Insurance Agent
(907) 452-1861
1007 Aurora Drive
Fairbanks, AK
 
Allstate Auto Insurance
(888) 355-7971
200 Harbor Ct
Tatitlek, AK
Description
Safe Drivers Save up to 20% on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate - Stanley Tebow
(866) 602-9713
800 E Dimond Blvd Ste 3-300
Anchorage, AK
Description
Safe Drivers Save 45% or More. Call Your Local Allstate Agent Today. Quick and Easy!

Allstate - Stanley Tebow
(866) 603-8655
11350 E Palmer Wasilla Hwy
Palmer, AK
Description
Safe Drivers Save 45% or More. Call Your Local Allstate Agent Today. Quick and Easy!

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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