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How much does it cost to insure a leased car?
I plan on leasing a 2021 Subaru Forester. I can afford the car payment, but I'd like to know how much it will cost to insure. How much does it normally cost to insure a leased car?
Emily Maracle · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“
Leasing a brand new car
is exciting and a smart play if you like to upgrade your car every few years. However, you will pay more for insurance.Most financed or leased cars require both
comprehensive coverage
and collision coverage
. With full coverage, your insurance rates are higher than liability coverage only.While you can research
average car insurance rates
, many factors influence what you pay for insurance.With that in mind, request car insurance quotes from at least three or four different companies. Insurance rates are based on your information and the type of car you drive, so requesting quotes is the only way to know exactly what your costs will be.
If you want to save money on car insurance, the
Jerry
app is a good place to start. Jerry is a licensed insurance broker that does all the hard work of finding the cheapest quotes from the top name-brand insurance companies and buying new car insurance.”View full answer
- Gregory R.
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