Auto Leasing Guide
Go to LeaseGuide.com now !

Car Lease Insurance Wausau WI

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
1901 N Mountain Rd
Wausau, WI
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Liberty Mutual Group - Litigation Management
(715) 849-5884
2100 Stewart Avenue
Wausau, WI
 
American Family Insurance
(715) 842-5262
115 West Bridge Street
Wausau, WI
 
Jehn- Shirley A - State Farm Insurance Agent
(715) 845-0995
1503 Wren Lane North Of WAL-MART On Highway North
Wausau, WI
 
American Family Insurance Jim Nick Agency
(715) 359-5055
5209 Rib Mountain Drive
Wausau, WI
 
Allstate Auto Insurance
(888) 355-7971
521 N 4th Ave
Wausau, WI
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Andrasek- Kevin D
(715) 848-6243
605 S 24th Ave Ste 22
Wausau, WI
 
New York Life
(715) 845-5575
505 South 24th Avenue Suite 304
Wausau, WI
 
Jim Beaton Ins Agency Inc - State Farm Insurance Agent
(715) 675-3324
1427 Merrill Avenue
Wausau, WI
 
Insurance Services Of Wausau
(715) 675-5422
1488 Merrill Ave
Wausau, WI
 

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 ...

Click here to read the rest of this article from Lease Guide