Car insurance for leased vehicles is a type of insurance coverage that is designed to protect both the leasing company and the driver in the event of an accident. It is important to note that car insurance for leased cars is different from traditional car insurance in that the leasing company is also considered an interested party in the vehicle. As such, the insurance policy will need to list both the driver and the leasing company as insured parties.
There are a number of benefits to having car insurance for leased cars. First, it can help to protect the driver from financial liability in the event of an accident. Second, it can help to protect the leasing company’s investment in the vehicle. Third, it can give the driver peace of mind knowing that they are covered in the event of an accident.
