Does An Auto Lease Include Insurance?
12689 POINTSview profileTed RatliffOwner, SFS Associates,Yes in fact most dealers will not lease you a vehicle unless you carry full coverage insurance with specified limits. Generally those limits are at least $300,000 in liability and $1000 or less deductible on your collision coverage. When you lease a vehicle the dealer technically still owns the car and he is going to make sure he is protected.Answered on April 15, 2013flag this answer
1365 POINTSview profileRobert Attala LUTCF, PFPAgency Owner, A1 Insurance LLC, Arizona, California AgencyVery good question the answer is no. When you lease a car you have to buy insurance on your own. The leasing bank does require you to have auto insurance at a certian limits of libility. Its not included but required. Most leasing companies do check and vertify you have car insurance.Answered on April 15, 2013flag this answer
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.
.JPG){kind=avatar}
