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What other types of coverage should I get if I am going to be leasing a car?

I know I need full coverage, but is there any extra coverage I should add at the dealership or with my insurance company?

avatar
Emily Maracle · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Something to consider with a leased vehicle is
gap insurance
.
If you owe more on your lease buyout than the vehicle is worth, gap insurance would cover the difference. Gap insurance is normally available through your lender, your dealership, or car insurance companies.
You’ll also want to make sure you’re properly covered with your insurance company. Having
comprehensive coverage
and
collision coverage
is important, but you also want to make sure your personal assets are protected. Your coverage limits need to be high enough to protect your finances if you’re ever in an accident.
If you decide to get gap insurance through your car insurance carrier or raise your coverage limits, you should shop around. Requesting
car insurance quotes online
will ensure that you’re finding the best deal on the coverage you need.
Want to cut your car insurance costs? Keep the coverage and find the savings with
Jerry
.”
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