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Car Lease Insurance Ocean Springs MS

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
1012 Pass Rd
Gulfport, MS
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Insurance Associates of Ms
(228) 875-1833
2112 Bienville Boulevard
Ocean Springs, MS
USA Insurance CO
(228) 875-1793
2725 Bienville Boulevard
Ocean Springs, MS
Felsher Mike Insurance Agency
(228) 875-0008
1310 Bienville Boulevard
Ocean Springs, MS
De George Diane Insurance
(228) 875-1833
2112 Bienville Boulevard
Ocean Springs, MS
Effinger- Robert G - State Farm Insurance Agent
(228) 875-1212
6007 Washington Avenue
Ocean Springs, MS
Webb- James W
(228) 875-3400
1256 Bienville Blvd
Ocean Springs, MS
Southern Trust Insurance
(228) 818-0014
2112 Bienville Boulevard Suite H2
Ocean Springs, MS
Harvey- Philip I
(228) 875-3336
2746 Bienville Blvd
Ocean Springs, MS
Pruitt Patsy Insurance
(228) 875-1833
2112 Bienville Boulevard
Ocean Springs, MS

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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