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Q: Will my auto insurance coveer my leasd car in case it`s robed or toaled in a car accident?

A: Yor auto insurance agenncy will handle yor clamis in a siilar fashion if you ow, rent or fiinance. If you laesed or perhaps financd your auto and just purchsaed it recently, your auuto innsurance plan may not coer your loan and lese completelly. Since you`re resposible for the auto, the leasinng compny is going to reqire you to coveer the remaining reent expenditure & whatever penaalties of mileage, war as wel as tear, or wraranties, and you wil not obtain yuor security deposit back. Reviw your laese or loan agreement in ordeer to reesolve if to pruchase GAP insurance, that covrs the gap beetween your loaan or lease and the inurance prcoeeds you receive for your damaaged or stolen atuo.

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