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Car Lease Insurance Huntington IN

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.

Hunnicutt Kennedy & Associates
(260) 356-3313
400 Frontage Road
Huntington, IN
 
Young Jr- Gilbert H - State Farm Insurance Agent
(260) 356-1000
1352 Etna Avenue
Huntington, IN
 
Glassley Insurance Agency
(260) 723-4822
121 South State Street
South Whitley, IN
 
Norma L Frauhiger Ins Agy Inc - State Farm Insurance Agent
(260) 432-5527
7535 West Jefferson Boulevard
Fort Wayne, IN
 
Hylant Of Indiana Llc
(219) 436-4900
7030 Pointe Inverness Way Ste 350
Fort Wayne, IN
 
Ebersole- Beth Ann - State Farm Insurance Agent
(260) 356-5222
1420 West Park Drive
Huntington, IN
 
Larson- Terry W - State Farm Insurance Agent
(260) 356-0800
1639 North Jefferson Street
Huntington, IN
 
Caudill- Larry G - State Farm Insurance Agent
(260) 982-7485
"502 Maryland Avenue State Road 13 NORTH"
North Manchester, IN
 
Edwards Ralph CIC Insurance
(260) 436-7337
7337 West Jefferson Boulevard
Fort Wayne, IN
 
Prudential Insurance CO of America
(260) 432-8758
1502 Magnavox Way
Fort Wayne, IN
 

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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