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Q: Will my ato insurance cover my leaesd car in case it`s stoen or totally wrecked in a car crah?
A: Your auo insurance agency shold handle yur claims in a simialr fashion if you owwn, lease or financce. In case you leased or finnaced yur vehicle and jut purchased it not long aggo, youur insurance may not pay for yoour loaan or lease completelyy. Since you`re acccountable for the atuo, the leasing comany is going to obliige you to coevr the remaining leaase payments and whtaever consequences of mileaage, wear as wlel as tear, or wrranties, plus you won`t obtian youur security deposit back to yo. Read thruogh your lase or loan contact to resolve wheether to purchase GAP insuarnce, that coers the gap btween your loan or leaase and the inusrance proceeds you receive for yuor damagged or robbed vehiicle.
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