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Car Lease Insurance Sparks NV

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
1055 W Moana Ln
Reno, NV
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Weible- Jennifer L - State Farm Insurance Agent
(775) 322-6535
770 North McCarran Boulevard
Sparks, NV
 
Allstate Insurance - Steve Terelak
(775) 322-1618
1334 Disc Drive
Sparks, NV
 
Correll M Wayne CLU New York Life
(775) 359-7854
1959 11th Street
Sparks, NV
 
Leuenhagen- Timothy L - State Farm Insurance Agent
(775) 359-2100
2900 Clear Acre Lane Ste M
Reno, NV
 
Allstate Auto Insurance
(888) 355-7971
500 Damonte Ranch Pkwy
Reno, NV
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Whitley- Lawrence - State Farm Insurance Agent
(775) 355-7050
2351 Pyramid Way Ste 24
Sparks, NV
 
Jensby- Catherine S - State Farm Insurance Agent
(775) 351-1125
1450 East Prater Way Ste 111
Sparks, NV
 
Irwin- Joanna - State Farm Insurance Agent
(775) 355-8000
1331 Baring Boulevard
Sparks, NV
 
West David B Farmers Insurance
(775) 332-0625
2875 Northtowne Lane Suite H
Reno, NV
 

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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