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Car Lease Insurance Roanoke Rapids NC

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.

Ezzell Insurance Agency
(252) 537-3761
310 Roanoke Avenue
Roanoke Rapids, NC
 
Little's Insurance
(252) 537-4605
736 Roanoke Avenue
Roanoke Rapids, NC
 
Allstate Insurance-Jet Thomas
(252) 533-0500
411 Becker Dr # A
Roanoke Rapids, NC
 
Citizens Insurance Agency
(434) 848-2715
102 East Hicks Street
Lawrenceville, VA
 
A M Newsom Agency Inc
(252) 586-4111
132 East South Main Street
Littleton, NC
 
Atkinson- Joseph Fred - State Farm Insurance Agent
(252) 537-2060
100 Becker Drive
Roanoke Rapids, NC
 
Maddrey Insurance Agency Inc
(252) 535-3525
155 Old Farm Road
Roanoke Rapids, NC
 
Bb&t - Proctor Owen Ins
(252) 537-1151
935 Park Ave
Roanoke Rapids, NC
 
Powell Agency
(434) 848-4535
9766 Governor Harrisn Prk
Lawrenceville, VA
 
Peggy B Malone Ins Agency Inc - State Farm Insurance Agent
(434) 634-3413
113 Baker Street
Emporia, VA
 

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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