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Car Lease Insurance South Sioux City NE

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
826 S Cecelia St
Sioux City, IA
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Yaneff- Thomas P - State Farm Insurance Agent
(402) 494-1949
1000 West 29th Street Ste 216
South Sioux City, NE
 
Schemmel- Marvin J - State Farm Insurance Agent
(712) 274-0014
4300 South Lakeport Street Ste 102
Sioux City, IA
 
Thompson- William W - State Farm Insurance Agent
(712) 202-0022
3815 Stadium Drive
Sioux City, IA
 
Winkel- Derek N
(712) 202-0017
4127 Gordon Dr
Sioux City, IA
 
Northeast Nebraska Insurance Agency Inc
(402) 494-1356
2021 Dakota Avenue
South Sioux City, NE
 
Ingenthron- Kelly W - State Farm Insurance Agent
(712) 274-2473
2701 Leech Avenue
Sioux City, IA
 
Wieck- Ronald L
(712) 276-0313
920 Morningside Ave
Sioux City, IA
 
Grandy-Pratt Co
(712) 252-4026
4280 Sergeant Rd
Sioux City, IA
 
Rehan- Robert G
(712) 274-2237
3450 S Lakeport St Ste B
Sioux City, IA
 

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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