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Car Lease Insurance Greeley 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

Progressive Insurance
(970) 336-9839
222 22nd Street
Greeley, CO
Arnold Mascarenas Ins Agcy Inc - State Farm Insurance Agent
(970) 339-4500
2808 South 31st Avenue Ste A
Greeley, CO
American Family Insurance Agents Galindo Christina
(970) 346-9356
1529 9th Street
Greeley, CO
Curtiss Insurance Agency Inc - State Farm Insurance Agent
(970) 352-0571
3632 West 10th Street Ste B
Greeley, CO
Gronquist Insurance
(970) 336-1644
2015 9th St
Greeley, CO
Gonzales- Everett - State Farm Insurance Agent
(970) 356-7722
1102 5th Street
Greeley, CO
Andy Rutledge Insur Agency Inc - State Farm Insurance Agent
(970) 356-2200
2123 9th Street
Greeley, CO
Stauffer- Kent T - State Farm Insurance Agent
(970) 351-8005
2600 11th Avenue Ste 201
Greeley, CO
Rocky Mountain Insurance
(970) 346-0977
1015 37th Avenue Court
Greeley, 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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