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Leased vehicles cost more to insure than vehicles you own because most lease agreements require the lessee to obtain much higher limits of coverage along with low physical damage deductibles. Lienholders want to make sure they are protected from any liability in the event you cause an accident. While you will pay quite a bit more…
→ Read MoreLeasing is the easiest way for businesses to drive a new vehicle with a reduced upfront cost. Sometimes the lease payment can even be less than if the vehicle was purchased outright. However, whether leased or owned, it is mandatory for every driver to have car insurance to be able to drive on U.S. roads.However, …
→ Read MoreIf you need car insurance in Florida, ensure that you know Florida’s car insurance regulations to have the coverage you need while living in the Sunshine State. Florida’s auto insurance requirements are lower than many states, but car insurance rates tend to be higher due to many uninsured drivers. Florida Car Insurance Minimum Requirements Florida’s…
→ Read MoreGAP insurance is oftentimes required when financing or leasing a car. However, just because GAP insurance is required does not mean it is automatically included in your lease. To find out if GAP insurance is included in your car lease, you need to read the lease carefully and ask the lessor if GAP insurance for…
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