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Car Lease Insurance Somerton AZ

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
11611 S Foothills Blvd
Yuma, AZ
Description
Safe Drivers Save up to 20% on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

PrePaid Legal Services-Inc.
(928) 344-6365
2405 South 6th Avenue
Yuma, AZ
 
Farmers Insurance Keith Knappen Agent
(928) 783-1184
900 West 8th Street
Yuma, AZ
 
Blitz- Howard J - State Farm Insurance Agent
(928) 726-8050
2435 South 8th Avenue
Yuma, AZ
 
Alpha Insurance Agency
(928) 783-5563
480 West 16th Street
Yuma, AZ
 
Herrera- Zeke M - State Farm Insurance Agent
(928) 344-1727
2811 South 4th Avenue Ste C
Yuma, AZ
 
Bostic- Eugene V - State Farm Insurance Agent
(928) 782-1879
408 East 16th Street Ste A
Yuma, AZ
 
Farmers Insurance
(928) 782-0882
900 West 8th Street
Yuma, AZ
 
Valenzuela- Henry Pino
(928) 344-9442
3007 S Avenue B Ste A
Yuma, AZ
 
Nuetzi- Cathy - State Farm Insurance Agent
(928) 344-9442
2896 S Avenue B Ste B
Yuma, AZ
 

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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