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Car Lease Insurance Moundsville WV

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.

McCoy- Mike - State Farm Insurance Agent
(304) 845-7660
900 Lafayette Avenue
Moundsville, WV
 
State Farm Insurance Co's
(304) 845-5560
900 Lafayette Avenue
Moundsville, WV
 
DeGenova- Raymond C - State Farm Insurance Agent
(740) 676-1631
3871 Central Avenue
Shadyside, OH
 
Mountain State Blue Cross & Blue Shield Inc
(304) 234-4180
20th & Chapline
Wheeling, WV
 
Bissett Jr- Paul D - State Farm Insurance Agent
(304) 233-1330
1111 Main Street
Wheeling, WV
 
Rhodes- Rosalyn E - State Farm Insurance Agent
(304) 845-4200
300 Jefferson Avenue
Moundsville, WV
 
John L. Harler Agency
(304) 845-6606
903 Wheeling Ave
Glen Dale, WV
 
Davis- Kevin S - State Farm Insurance Agent
(740) 676-7799
232 32nd Street
Bellaire, OH
 
Nationwide Insurance
(304) 232-5880
2500 Eoff Street
Wheeling, WV
 
Tennant- Angela - State Farm Insurance Agent
(304) 277-2000
1601 Warwood Avenue
Wheeling, WV
 

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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