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Car Lease Insurance Prineville OR

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
1480 NE 3rd St
Prineville, OR
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

American Family Insurance
(541) 447-1133
346 Northwest Deer Street
Prineville, OR
 
Joe A Lochner Ins Acy Inc - State Farm Insurance Agent
(541) 548-6023
123 South 5th
Redmond, OR
 
Hammack- Gilbert M
(541) 548-4021
917 SW Highland Ave
Redmond, OR
 
Allstate Auto Insurance
(888) 355-7971
2448 SE 89th Ave
Portland, OR
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
1604 S Highway 97
Redmond, OR
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Moon- William K - State Farm Insurance Agent
(541) 447-5524
778 Northwest 3rd Street
Prineville, OR
 
Allstate Insurance-Melissa Clark
(541) 548-4316
1604 S Highway 97 Ste 5
Redmond, OR
 
InsurePacific.com
(541) 447-6372
297 NW 3rd St
Prineville, OR
 
Allstate Auto Insurance
(888) 355-7971
1157 NE Stephens St
Roseburg, OR
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

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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