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Car Lease Insurance Missoula MT

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
1410 S Reserve
Missoula, MT
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Larson- Thomas L
(406) 728-9561
1230 W Kent Ave
Missoula, MT
 
Langley- Wes - State Farm Insurance Agent
(406) 721-5050
1501 South Russell Street
Missoula, MT
 
Steve Koski Ins Agency Inc - State Farm Insurance Agent
(406) 542-8666
1020 South Reserve Street
Missoula, MT
 
Larson Jr- Thomas J
(406) 542-2101
1230 W Kent Ave
Missoula, MT
 
Farmers Insurance
(406) 541-2151
2432 Kemp Street
Missoula, MT
 
Farmers Insurance Group - Agents
(406) 728-8817
2100 Oxford Street
Missoula, MT
 
State Farm Insurance Companies
(406) 523-2201
3111 South Grant Street
Missoula, MT
 
Peters- Robert S
(406) 728-1697
2104 Dixon Ave
Missoula, MT
 
Riley McGiboney -State Farm Insurance Agent
(406) 549-3621
3420 South Reserve Street, Suite C
Missoula, MT
 

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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