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Car Lease Insurance Fort Collins CO

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
1296 Main St Unit B
Windsor, CO
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Shelter Insurance
(970) 221-2105
412 South Howes Street Suite A1
Fort Collins, CO
Daryl Alexander Ins Agcy Inc - State Farm Insurance Agent
(970) 493-2196
1124 West Mulberry Street
Fort Collins, CO
Herbert Leavitt Insurance Agency Inc
(970) 484-0097
2537 Research Boulevard Suite 101
Fort Collins, CO
Allstate Insurance - Jane Landwehr
(970) 206-4740
1027 W. Horsetooth Rd. Suite 202
Fort Collins, CO
Farmers Insurance
(970) 229-1592
5225 White Willow Drive
Fort Collins, CO
New York Life Insurance Company - Sales Office
(303) 623-0248
215 West Magnolia Street Suite 200
Fort Collins, CO
Farmers Insurance & Financial Services
(970) 224-4069
125 South Howes Street
Fort Collins, CO
Bailey- Barry B
(970) 493-2323
902 W Drake Rd
Fort Collins, CO
Liberty Mutual Group
(970) 493-6546
2100 West Drake Road Suite 7
Fort Collins, CO

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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