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Car Lease Insurance Hagerstown MD

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
11026 Baldwin Dr
Hagerstown, MD
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate - Bruce Bryant
(301) 200-0649
112 W Main St.
Middletown, MD
Description
Safe Drivers Save 45% or More. Call Your Local Allstate Agent Today. Quick and Easy!

Allstate - Tracy Kelley
(304) 202-1131
724 Lakeview Drive
Martinsburg, WV
Description
Safe Drivers Save 45% or More. Call Your Local Allstate Agent Today. Quick and Easy!

Michaels- Larry T - State Farm Insurance Agent
(301) 791-2929
17753 Virginia Avenue
Hagerstown, MD
 
Allstate Insurance - Denise Kendle
(301) 766-9333
920 W Washingtn / 112a
Hagerstown, MD
 
Allstate Auto Insurance
(888) 355-7971
19737LEITE Pke
Hagerstown, MD
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate Auto Insurance
(888) 355-7971
178 Thomas Johnson Dr Ste 105
Frederick, MD
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Tischer Associates Inc
(301) 733-3800
100 W Antietam St
Hagerstown, MD
 
Allstate Insurance
(301) 733-1111
1466 South Potomac Street
Hagerstown, MD
 
Allstate Insurance-Parlato Agency- Inc.
(301) 797-7500
17613 Virginia Ave
Hagerstown, MD
 

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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