Auto Leasing Guide
Go to LeaseGuide.com now !

Car Lease Insurance New Philadelphia OH

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
400 N Wooser Ave
Dover, OH
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
2712 Cleveland Ave SW Canton Twp
Canton, OH
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Larry Williams Insurance
(330) 343-0008
1239 Monroe St Nw
New Philadelphia, OH
 
Brent C. Cronebach Agency
(330) 343-5921
347 Front Ave SE
New Philadelphia, OH
 
Hoover- William W
(330) 343-8500
818 Boulevard St
Dover, OH
 
Allstate Auto Insurance
(888) 355-7971
409 Market St NE
Navarre, OH
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
160 2nd St SW
Carrollton, OH
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Don Kemp Agency
(330) 339-4211
2146 E High Ave
New Philadelphia, OH
 
Hoy- Richard A - State Farm Insurance Agent
(330) 343-9830
1328 4th Street Northwest
New Philadelphia, OH
 
Anthony Wood Agency
(330) 879-5629
101 Canal St W
Navarre, OH
 

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 ...

Click here to read the rest of this article from Lease Guide