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Is insurance different for leased vehicles?

Insuring a leased car is really no different from insuring a traditionally financed vehicle.

Since your vehicle is actually owned by the leasing company, the leaseholder requires you to carry specific insurance coverages and limits in order to protect their investment in your vehicle. Be sure to check your lease agreement to make sure you know the limits and coverages you need.

If my new car is totaled, will I get new replacement?

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