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Car Lease Insurance Lawrence KS

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.

Senne- Diane C - State Farm Insurance Agent
(785) 843-5666
935 Iowa Street
Lawrence, KS
Jay Crabtree Farmers Insurance & Investment
(785) 856-6790
3516 West 24th Street
Lawrence, KS
Carlson- Robert L - State Farm Insurance Agent
(785) 843-1292
2400 Iowa Street Ste 2
Lawrence, KS
Miller Insurance
(785) 843-0511
1424 West 23rd Street
Lawrence, KS
Garrison- Dennis H - State Farm Insurance Agent
(785) 842-4193
543 Lawrence Avenue Ste A2
Lawrence, KS
American Family Insurance
(785) 331-4477
901 Kentucky Street Suite 101
Lawrence, KS
Chris J Munk Ins Agcy Inc - State Farm Insurance Agent
(785) 842-5000
3300 West 15th Street Ste 1
Lawrence, KS
Farmers Insurance Group of Companies
(785) 843-7511
2420 Iowa Street Suite E
Lawrence, KS
Greg Winner Insurance
(785) 841-8603
2201 West 25th Street Suite T
Lawrence, KS
Mike Grosdidier Ins Agcy Inc
(785) 842-6407
2400 Iowa St
Lawrence, KS

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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