Leased Auto Insurance Arlington Virginia VA
Filed under: Cheap SR-22 insurance, Cheapest SR22 insurance, Non owner cheap sr22, Online SR22 Cheap
Reader’s Question:
I’m considering leasing a car for the duration of my two-year work contract in Arlington Virginia VA. Do I also need to pay for insurance if I do that?
Daniel
Arlington Virginia VA
Hi Daniel! It seems that leasing cars is fast becoming a trend – and why not? You get to drive those fast and flashy cars at the fraction of the cost to buy them then you get to change cars every so often without having to worry about selling or trading back the old car. You will also be covered by manufacturer’s warranty the whole time that you’re using it – no need to worry about expiry dates.
However, you DO need to get and pay for your own auto insurance. In fact, the auto dealer or person in Arlington Virginia VA who leased you the vehicle may require collision coverage and comprehensive auto insurance, more than what you may require for yourself if you owned the vehicle. Collision coverage will pay for damage to the car in case of an accident with another vehicle, structure or object while comprehensive coverage will take care of damage from all other types of accidents and theft.
Just to be sure, you may want to verify if Virginia insurance laws require any other specific forms of insurance in Arlington Virginia VA (i.e., such as liability and gap insurance) by typing in your zip code in the space provided in this site.
Loading ...