Is Car Insurance For A Lease More Expensive?

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   Mark Bartlett CLCS

   Branch Owner, TWFG Insurance Services, Fremont California and the Greater Bay Area Representing Dozens of Insurance Carriers

   Many leases will require you to carry 100/300 liability limits so if for some reason you want to carry lower limits you will see a premium difference there. Other then that the premiums are no different then if you owned the car yourself. If you are in a position to lease a car you should be carrying a minimum of 100/300 liability limits anyway.

   Answered on June 11, 2013

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