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Car Lease Insurance Las Cruces NM

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
1129 N Willow St
Las Cruces, NM
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate - Jodi-Rae Moore
(575) 224-2980
1065 S. Main St., Suite A
Las Cruces, NM
Description
Safe Drivers Save 45% or More. Call Your Local Allstate Agent Today. Quick and Easy!

Griego- Richard Gary - State Farm Insurance Agent
(505) 523-2451
2001 East Lohman Avenue Ste 112
Las Cruces, NM
 
Vasey- Alan D - State Farm Insurance Agent
(505) 521-1011
1021 East Amador Avenue Ste G
Las Cruces, NM
 
Allstate Insurance Companies - Sales Offices- Las Cruces
(505) 647-1908
509 South Main Street
Las Cruces, NM
 
Allstate Auto Insurance
(888) 355-7971
170 S Roadrunner Pkwy
Las Cruces, NM
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
850 Holly Dr Trlr A19
Las Cruces, NM
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Gomez- Robert L
(505) 524-0237
1615 N Solano Dr
Las Cruces, NM
 
Gandara Jr- Gus - State Farm Insurance Agent
(505) 527-1300
2500 El Paseo Road Ste A
Las Cruces, NM
 
Larry O Garcia
(505) 541-5870
2990 N Main St
Las Cruces, NM
 

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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