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Car Lease Insurance Joplin MO

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.

Karen L Rutledge Ins Agcy Inc - State Farm Insurance Agent
(417) 624-2661
616 East 32nd Street
Joplin, MO
 
Sitton- Jerry
(417) 781-0562
1921 E 20th St
Joplin, MO
 
Brooke Corporation
(417) 624-2643
1030 Murphy Blvd P.O. Box 412008
Kansas City, MO
 
Kelly- Robert D - State Farm Insurance Agent
(417) 623-7245
1824 East 7th Street
Joplin, MO
 
Brown- Sandra K - State Farm Insurance Agent
(417) 627-0505
116 North Range Line Road Ste 101
Joplin, MO
 
Allstate Insurance CO
(417) 624-7355
1531 East 32nd Street
Joplin, MO
 
Hickam- J Kyle - State Farm Insurance Agent
(417) 624-8443
2606 East 32nd Street
Joplin, MO
 
Morgan Sandra Insurance
(417) 627-0526
116 North Range Line Road Suite 101
Joplin, MO
 
Freund- Edgar B - State Farm Insurance Agent
(417) 781-0845
1209 West 7th Street
Joplin, MO
 
State Farm Insurance CO Jeff Montgomery
(417) 673-7050
1715 South Madison Street
Webb City, MO
 

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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