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Car Lease Insurance Yankton SD

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.

Wilcox- Roy D - State Farm Insurance Agent
(605) 665-7140
400 Pine Street
Yankton, SD
 
Joe Janssen Insurance
(402) 388-4772
1201 W 2nd St
Crofton, NE
 
Allstate Auto Insurance
(888) 355-7971
1451 B 6th St
Brookings, SD
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate Auto Insurance
(888) 355-7971
824 E 41st St
Sioux Falls, SD
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Starr Insurance
(605) 673-3799
38 Mount Rushmore Road
Custer, SD
 
Abild Ins Agency Inc - State Farm Insurance Agent
(605) 665-4718
1023 West 9th Street
Yankton, SD
 
Yates- Willard R - State Farm Insurance Agent
(402) 254-3507
102 South Broadway Avenue
Hartington, NE
 
Allstate Auto Insurance
(888) 355-7971
6009 W 41st St
Sioux Falls, SD
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate Auto Insurance
(888) 355-7971
822 Main St
Rapid City, SD
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Farmers Union Insurance
(605) 229-3945
634 South Roosevelt Street Suite 2
Aberdeen, SD
 

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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