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What happens if you damage a leased car?
I got in a small fender bender in a parking lot in a leased car. What do I do as far as the damage?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Sorry to hear that you had a fender bender!
If you damage your leased car, you may be required to fix the vehicle if it doesn’t fall under normal “wear and tear” in your contract. Small scratches may not incur extra costs, but you may be on the hook for something larger.
If you’re the at-fault party, the damage may be covered by
collision coverage
, which you’re likely required to have as a result of your lease. Report the damage to your insurance company, and go through the claims process.To find a policy that’s right for you, shop for quotes through
Jerry
. Jerry will compare quotes from up to 50 providers in a matter of minutes, so you can find the coverage you need at the best price. Jerry will even take care of all the paperwork for you! View full answer
- Gregory R.
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