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Car Lease Insurance Lincoln NE

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.

KUHL Insurance Agency Inc
(402) 475-2609
300 North 27th Street Suite B
Lincoln, NE
 
Krikac- Vincon C - State Farm Insurance Agent
(402) 474-1173
1115 K Street Ste 102
Lincoln, NE
 
Hurlburt Daniel A III
(402) 434-0480
3325 A Street
Lincoln, NE
 
Williams- Karen L - State Farm Insurance Agent
(402) 434-6050
233 North 48th Street Ste O
Lincoln, NE
 
Allstate Insurance - Kris Rosenow
(402) 488-0955
4221 O St
Lincoln, NE
 
American Family Insurance Tim Stewart Agency Inc
(402) 489-6211
5615 O Street
Lincoln, NE
 
Dahlgren- Richard A - State Farm Insurance Agent
(402) 488-7855
221 South 66th Street
Lincoln, NE
 
Thompson- Raymond L - State Farm Insurance Agent
(402) 475-2345
3701 O Street Ste 101
Lincoln, NE
 
Motorcycle Insurance
(402) 476-3599
120 South 29th Street
Lincoln, NE
 
Haberman- Robert J - State Farm Insurance Agent
(402) 483-7578
7121 O Street
Lincoln, NE
 

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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