Buying a new car changes more than the vehicle in your driveway. It can also change the insurance you need, the deductible you can choose, and the coverage your lender or leasing company requires.
Before you take delivery, confirm when your insurance starts and which coverages apply to the new vehicle. If you already have auto insurance, your policy may temporarily extend coverage to a newly acquired car. However, the rules and deadlines vary. If you do not already have insurance, arrange coverage before you drive the car.
Next, look beyond the state minimum. Liability protects against eligible losses you cause to others, while collision and comprehensive can protect the new vehicle itself. In addition, GAP, new-car replacement, UM/UIM, PIP or MedPay, rental reimbursement, and roadside coverage can solve different financial problems.
Do You Need Insurance Before Driving a New Car Home?
Yes, you need applicable insurance or another form of financial responsibility required by your state before driving. However, the way you establish that coverage depends on whether you already have an active auto policy.
Your existing policy may provide temporary protection
An existing policy may provide temporary protection for a newly acquired vehicle, but the exact rules depend on the policy. For example, Progressive currently describes new-car grace periods that commonly range from about 7 to 30 days and gives its own customers 30 days to update the policy. Therefore, confirm both the deadline and the coverage that applies before relying on automatic protection.[3]
Arrange a policy before you drive
A grace period normally depends on an existing policy. Therefore, a first-time insurance buyer should arrange coverage to begin before taking the vehicle onto public roads.[8]
Never assume you have 30 days
Grace periods are not uniform. One company may allow several days, while another may allow longer. In addition, the protection that transfers can depend on what your existing policy already covers. Confirm the exact deadline and coverage with your insurer before delivery.[3][8]
Information to Have Ready Before You Pick Up the Car
You can make the insurance change before you arrive at the dealership. In fact, getting the details ready early reduces the chance of delaying delivery.
VIN
Get the exact vehicle identification number rather than quoting only by make and model.
Delivery date
Make sure the policy or vehicle addition becomes effective when you need the coverage.
Purchase type
Tell the insurer whether you will own, finance, or lease the vehicle.
Lender or lessor
If applicable, provide the finance or leasing company’s required information.
Required coverage
Review any collision, comprehensive, liability, or deductible requirements in your contract.
Regular drivers
Tell the insurer who will regularly drive the new vehicle.
Vehicle use
Explain whether the car is used for commuting, business, rideshare, delivery, or personal driving.
Proof of insurance
Be ready to provide evidence of coverage when the lender, lessor, dealer, or state process requires it.
What Insurance Should You Consider for a New Car?
A new car does not need one special type of policy. Instead, your policy combines several coverages that solve different problems.
| Coverage | What It Helps Protect | Why It Matters for a New Car |
|---|---|---|
| Liability | Eligible injuries and property damage you cause to others. | Your state establishes minimum requirements, but higher limits may reduce your financial exposure after a severe accident. |
| Collision | Eligible collision damage to your own vehicle. | A lender or lessor commonly requires it. A paid-off owner can also choose it to protect the vehicle. |
| Comprehensive | Eligible theft, hail, fire, vandalism, flood, animal impact, and other non-collision losses. | It protects against several ways a new vehicle can be damaged without an ordinary crash. |
| UM/UIM | Eligible losses involving an uninsured or underinsured at-fault driver. | State requirements and available limits vary, so review rather than assume this protection is included. |
| PIP / MedPay | Eligible injury-related expenses for you or covered occupants. | Availability and requirements vary by state and policy. |
| GAP / loan-payoff protection | A qualifying shortfall between vehicle value and an outstanding loan or lease balance. | It can matter when you owe more than the car is worth after a total loss. |
| New-car replacement | The cost of replacing a qualifying totaled new vehicle under the feature’s terms. | It addresses depreciation differently from standard collision or comprehensive coverage. |
| Rental reimbursement | Eligible temporary transportation costs after a covered loss. | Useful if you cannot easily manage without the vehicle while it is repaired. |
| Roadside assistance | Eligible towing or roadside services. | It can provide convenience, although similar protection may already come from another service. |
Liability limits, deductibles, and optional protections all affect how a new-car policy responds after a loss. Auto insurance coverage limits help determine the amount of financial protection available when covered damages exceed basic policy amounts.
Start With Your State Requirements, Then Evaluate Your Exposure
Most states require liability insurance or another form of financial responsibility. Bodily injury liability can help with eligible injuries you cause to other people, while property damage liability can help with eligible damage you cause to other vehicles or property.[2]
However, there is no universal liability limit that every new-car owner must buy. A limit such as 100/300/100 can be useful as an example, but it should not be treated as a mandatory national minimum.
Know the state minimum
First, confirm the minimum liability or financial-responsibility rules where the vehicle will be insured.
Consider your assets and income
Next, consider how much financial exposure you could absorb if damages exceed your insurance.
Review all regular drivers
In addition, think about the drivers and vehicles that create exposure under the policy.
Quote more than one limit
Finally, compare the premium at several liability levels instead of assuming stronger limits are unaffordable.
Collision and Comprehensive Work Differently From Liability Limits
Collision and comprehensive protect your own vehicle against different kinds of covered losses. Collision generally applies to eligible crash damage. By contrast, comprehensive can apply to losses such as theft, hail, flood, fire, vandalism, or an animal impact.[2]
Unlike liability, you generally do not choose an arbitrary collision or comprehensive limit such as $30,000 or $50,000. Instead, you usually choose a deductible. If the car is totaled, its pre-loss value becomes central to the settlement.
Less to absorb after a covered claim
A lower deductible reduces your share of an eligible loss. However, it will often increase the premium.
More financial responsibility per claim
A higher deductible can lower the premium. Still, choose an amount you could comfortably pay without creating a cash-flow problem.
A New Car’s Purchase Price Is Not the Same as Its Insurance Value Forever
A standard physical-damage settlement after a total loss generally reflects the vehicle’s value at the time of loss rather than simply refunding the original sticker price. Therefore, depreciation can create two different financial concerns.
Replacing the same new car
The standard total-loss settlement may not be enough to purchase another brand-new version of the same vehicle. Some insurers address this through optional new-car replacement coverage.[4]
Paying off the loan
Your loan balance can exceed the vehicle’s value. As a result, a standard auto settlement may leave money still owed to the lender. GAP addresses this different problem.[5]
Collision vs. GAP vs. New-Car Replacement
These protections are related to a damaged or totaled vehicle, but they do not do the same job.
| Protection | Main Question It Answers | What It Does Not Automatically Solve |
|---|---|---|
| Collision / comprehensive | What is my covered vehicle worth after an eligible physical-damage loss? | They do not automatically pay the entire outstanding loan balance. |
| GAP | Do I still owe money after the vehicle settlement? | It does not necessarily buy another brand-new vehicle for you. |
| New-car replacement | Can a qualifying totaled new vehicle be replaced without relying only on depreciated value? | It does not automatically erase every loan or lease obligation. |
GAP, loan/lease payoff, new-car replacement, and similar products can have eligibility rules, maximum benefits, vehicle-age limits, ownership requirements, and state restrictions. Therefore, compare the contract rather than assuming products with similar names provide identical protection.
When GAP Coverage Deserves a Closer Look
GAP is designed for a specific problem: the amount owed on an auto loan can be higher than the amount a standard auto policy pays after an eligible theft or total loss. CFPB describes GAP as an optional product intended to address that difference.[5]
A small down payment can increase the chance of negative equity. However, there is no universal rule saying that everyone who puts down less than 20% automatically needs GAP.
Compare balance with vehicle value
If you owe substantially more than the vehicle is worth, the potential shortfall is more important.
Make sure GAP is not already included
Some leases or financing arrangements can include GAP-related protection. Therefore, check before paying for duplicate coverage.
The dealer is not your only option
CFPB notes that GAP can be available through dealers, lenders, or insurers. Prices and coverage can differ.[5]
Do not assume every dollar is covered
Benefits can be subject to limits, exclusions, deductible treatment, loan terms, and other contract conditions.
For drivers financing or leasing newer vehicles, GAP insurance coverage may help with certain eligible loan-balance shortfalls after a total loss, while standard physical-damage coverage generally focuses on the vehicle’s covered value rather than the amount still owed.
Owned, Financed, and Leased New Cars Have Different Insurance Decisions
You control more of the physical-damage decision
You still need whatever coverage your state requires. However, because there is no lender, you can generally decide whether collision and comprehensive are worth carrying.
The lender has a financial interest
Your lender will commonly require collision and comprehensive. In addition, NAIC explains that an outstanding lender is normally listed as a loss payee on the declarations page.[1]
Read the lease requirements carefully
A lessor will commonly require collision and comprehensive coverage. In addition, some leasing companies require liability limits above the state minimum or specify the deductible they will accept. Therefore, use the actual lease contract rather than assuming every leasing company follows the same rules.[11]
Drivers who lease a vehicle should understand how depreciation can affect their financial responsibility after a total loss. Protection for leased vehicles with GAP insurance can help cover the difference between the vehicle’s value and the remaining lease obligation.
New-Car Replacement Coverage Can Solve a Different Problem
Some insurers offer new-car replacement or similar protection for qualifying vehicles. The goal is different from GAP. Instead of focusing on the loan balance, the feature addresses the cost of replacing a relatively new vehicle after a covered total loss.
For example, Allstate describes an optional new-car replacement feature that can replace an eligible totaled vehicle with a new vehicle of the same or similar make, model, and equipment, subject to its product requirements.[4]
Eligibility can expire
Some products define “new car” using model year, ownership history, or time since purchase.
Ownership rules may apply
Some insurers limit the feature to the first owner of a qualifying vehicle.
The type of loss still matters
Replacement protection does not remove ordinary policy exclusions or turn every loss into a covered claim.
Not every insurer offers it
In addition, product names, eligibility rules, and state availability can differ significantly.
Do Not Forget UM/UIM, PIP, and Medical Payments
A new car can draw attention toward collision and comprehensive. However, the vehicle is only one part of the risk. Your policy can also include protection related to injuries and drivers who lack adequate insurance.
Uninsured Motorist
This coverage can help after an eligible accident caused by a driver who has no applicable insurance.
Underinsured Motorist
By contrast, UIM can help when an at-fault driver has insurance but not enough to satisfy an eligible covered loss.[2]
Personal Injury Protection
PIP can cover eligible medical expenses and, depending on state rules, may include other benefits such as lost wages.
Medical Payments
MedPay can help with eligible medical expenses for covered occupants. However, availability and limits vary.
Do not assume UM/UIM must always equal your liability limits. Some states require it, some require insurers to offer it, and other rules allow different selections or rejection. Confirm the rules where your policy is issued.[2]
Rental Reimbursement and Roadside Assistance
These coverages do not protect the value of the car in the same way as collision or comprehensive. Still, they can solve practical problems after a loss or breakdown.
Temporary transportation
Rental reimbursement can help with eligible rental or transportation expenses while a covered vehicle is being repaired after a qualifying loss.[2]
Towing and roadside services
Roadside protection can include services such as towing or lockout assistance. However, compare it with coverage already provided by your manufacturer, credit card, motor club, or another service.[2]
A New-Car Warranty Is Not Auto Insurance
A manufacturer’s warranty and auto insurance solve different problems. The FTC explains that a new-car warranty generally promises to address specified defects or malfunctions for a certain period or mileage.[6]
Auto insurance, by contrast, responds to covered risks described in the policy, such as liability claims, collisions, theft, or weather losses. Therefore, a factory warranty is not a substitute for collision, comprehensive, liability, or other insurance.
Defects and specified malfunctions
The new vehicle may include this protection in its purchase price.
Optional repair agreement
A separately purchased service contract is sometimes marketed as an “extended warranty.” FTC notes that it is a separate product and can overlap with existing warranty coverage.[6]
Covered accidents and losses
Insurance addresses covered risks under the policy rather than ordinary mechanical defects covered by a warranty.
Check Insurance Costs Before You Choose the New Car
The price of the vehicle is only part of its ownership cost. Insurance can also vary between models. Therefore, it makes sense to quote the vehicles on your shortlist before signing a purchase contract.
NAIC identifies factors such as make and model, geographic territory, driving record, annual use, and selected coverage as factors that can affect auto insurance pricing.[1]
Vehicle value
A more valuable vehicle can create greater physical-damage exposure. However, value is only one rating factor.
Repair costs
Parts, labor, technology, sensors, and repair procedures can affect insurer loss costs.
Loss experience
Insurers can consider claim patterns associated with a make or model.
Theft exposure
Vehicle theft experience and anti-theft features can also affect comprehensive risk.
Your own profile
The same new car can cost different amounts to insure for different drivers.
Coverage choices
Higher liability limits, lower deductibles, and added optional protection can change the final premium.
Ways to Shop for New-Car Insurance Without Weakening the Policy
Reducing coverage is not the only way to lower a premium. First, compare insurers using equivalent protection. Next, verify every discount you actually qualify for.
Quote the car before buying it
Compare insurance on the exact model or VIN when practical. As a result, insurance cost becomes part of the purchase decision.
Use the same limits
A cheaper quote with lower liability limits is not an equivalent policy.
Match deductibles
Similarly, compare collision and comprehensive with the same deductibles.
Ask about discounts
Multi-policy, multi-car, anti-theft, low-mileage, safe-driver, and other discounts may be available.
Review telematics carefully
Usage-based programs can affect pricing differently by insurer and state. Therefore, understand the rules before enrolling.
Compare the total premium
Finally, focus on the amount you actually pay after all applicable discounts and selections.
Insurance companies often consider driving behavior when setting premiums, which means safer habits can sometimes lead to lower costs through safe-driving discounts and telematics-based savings. These programs may use factors such as driving patterns, mileage, or claim history when determining eligibility.
How to Compare New-Car Insurance Quotes Correctly
Do not compare only the number at the bottom of each quote. Instead, verify that each insurer is pricing substantially the same protection.
Use the same drivers
Start with the same household and regular drivers on every quote.
Use the same vehicle
Next, use the same VIN, garaging address, mileage, and vehicle use.
Match liability limits
Do not compare state-minimum liability with materially higher limits.
Match physical-damage deductibles
For example, a $1,000 deductible quote is not equivalent to one with a $500 deductible.
Match UM/UIM and medical coverage
In addition, compare PIP, MedPay, and UM/UIM selections where applicable.
Separate optional products
Check whether GAP, new-car replacement, rental, roadside, or other features add cost.
Check lender requirements
If financing or leasing, make sure each quote satisfies the contract.
Compare the final premium
Finally, compare price only after the protection is substantially equivalent.
Once you understand the coverage you need, comparing available insurance rates from different providers can help you find better value without reducing important protections.
Understand Who Gets Paid and What Happens to the Loan
A total loss does not automatically cancel an auto loan. If a finance company has a financial interest in the vehicle, the insurer may issue the settlement to the lender first. If the settlement is lower than the remaining loan balance, the borrower can still owe money.[9]
Therefore, collision or comprehensive and GAP solve different problems. Physical-damage insurance addresses the covered vehicle loss. GAP may address an eligible loan shortfall.
Vehicle is declared a total loss
The insurer determines the claim and vehicle value under the policy.
Applicable deductible is considered
The deductible can reduce the physical-damage settlement.
Lender interest is addressed
A lender listed on the policy may receive payment first.
Possible loan shortfall remains
Eligible GAP protection may help if the loan exceeds the applicable settlement.
What to Do if Your New Car Is Damaged
Claims procedures differ by insurer and state. However, a few steps are broadly useful after an accident.
Address safety first
Check for injuries and contact emergency services when appropriate or legally required.
Exchange information
Collect the other driver’s contact, vehicle, and insurance information when possible.
Document the scene
Photos, vehicle positions, visible damage, witnesses, and other details can help preserve information.
Notify the insurer
Report the loss promptly and follow the insurer’s claim instructions.
Follow the inspection process
Next, understand how the insurer will inspect the vehicle and evaluate repairs or a possible total loss.
Review the settlement
Finally, if the vehicle is totaled, review the valuation, deductible, lender payment, and any applicable GAP or replacement coverage.
Accident-reporting laws vary by state and circumstances. Therefore, follow applicable local requirements and your insurer’s claim instructions instead of relying on a one-size-fits-all rule.
Ask About Insurance Before a Test Drive
There is no safe national rule saying the dealership’s insurance will always be primary or that your personal auto policy will always be secondary. Coverage can depend on the dealership’s policy, your own policy, permissive-use rules, the test-drive agreement, and state law.
Therefore, ask before taking the keys.
Who covers vehicle damage?
Ask what happens if the test-drive vehicle is damaged while you are driving it.
Is there a deductible?
Find out whether the agreement makes you responsible for any deductible or damage amount.
What driving is permitted?
Follow route, driver, time, and use restrictions stated by the dealer.
Does your own policy apply?
If you have auto insurance, ask your insurer how your policy treats a temporary non-owned test-drive vehicle.
When Should You Reconsider Collision and Comprehensive?
There is no universal rule that says you should drop physical-damage coverage after eight or ten years. Instead, the decision changes as the vehicle depreciates and your financial situation changes.
Common New-Car Insurance Mistakes
Assuming you automatically have a 30-day grace period
Instead, confirm the deadline and transferred coverage with your insurer before taking delivery.
Waiting until after you drive away to buy insurance
If you do not already have applicable coverage, arrange it before operating the vehicle.
Buying only the legal minimum without comparing higher limits
The minimum satisfies a legal requirement but does not automatically fit your financial exposure.
Treating collision and comprehensive like liability limits
Instead, focus on the deductible, vehicle value, policy terms, and lender requirements.
Assuming GAP and new-car replacement are the same
GAP focuses on a qualifying loan shortfall. New-car replacement addresses replacement of the totaled vehicle.
Buying GAP twice
Check the loan or lease paperwork before purchasing another GAP or loan-payoff product.
Assuming a warranty replaces insurance
A manufacturer’s warranty focuses on specified defects or malfunctions, not ordinary auto liability and physical-damage risks.
Comparing quotes with different deductibles
As a result, the cheapest quote may simply transfer more claim cost to you.
Ignoring how you use the vehicle
Rideshare, delivery, business use, commuting, and other use patterns should be disclosed accurately.
Assuming a clean record means you no longer need comprehensive
Safe driving does not prevent theft, hail, flood, vandalism, or other non-collision losses.
Insurance Coverage for a New Car: Frequently Asked Questions
Buying and Insuring the Car
Do I need insurance before I drive a new car home?
Yes, you need the applicable insurance or financial responsibility required where you drive. If you already have a policy, temporary newly acquired vehicle protection may apply. However, confirm the terms before relying on it.[3]
How long do I have to add a new car to my insurance?
There is no universal deadline. Many insurers provide a short grace period, but the length and coverage rules vary. Therefore, contact your insurer before or immediately after the purchase.[3][8]
What if I do not already have car insurance?
Arrange coverage before driving the vehicle. A grace period generally depends on having an existing policy, so a first-time buyer should not assume automatic protection.[8]
Can I insure a car before I officially buy it?
Insurers can often prepare or start coverage when you have the information needed for the quote and policy, including the VIN. Coordinate the effective date with the purchase and delivery.
Financing, Leasing, and Physical Damage
Do I need collision and comprehensive on a new car?
A lender or lessor commonly requires both on a financed or leased vehicle. If you own the car outright, state law generally does not require physical-damage coverage, but you can choose it to protect the vehicle.[2]
Does collision coverage have a dollar limit I choose?
Not in the same way as liability coverage. You normally choose a deductible, while the vehicle’s value and policy terms are central to a total-loss settlement.
What deductible should I choose on a new car?
There is no universal best deductible. Compare the premium savings against the amount you would have to pay after a claim. Also check whether your loan or lease restricts the deductible.
Can a lender buy insurance if my coverage lapses?
Yes. If required insurance is missing or lapses, a lender may obtain force-placed coverage for the vehicle. CFPB warns that this coverage primarily protects the lender’s financial interest and may not provide the protection you would receive from your own auto policy.[10]
GAP and New-Car Replacement
Do I need GAP insurance on every new car?
No. GAP addresses a specific risk: owing more on the loan or lease than the vehicle settlement. Therefore, compare the loan balance with the vehicle’s value and review any GAP protection already included before buying another product.[5]
Do I automatically need GAP if I put less than 20% down?
No. A smaller down payment can increase negative-equity risk, but the key issue is whether your loan balance could exceed the vehicle’s value. There is no universal 20% rule that determines GAP eligibility or need.
Is GAP insurance the same as new-car replacement?
No. GAP focuses on an eligible loan or lease shortfall. New-car replacement focuses on replacing a qualifying totaled new vehicle under the feature’s terms.[4][5]
Does standard insurance pay the original purchase price if my new car is totaled?
Not necessarily. Standard collision or comprehensive total-loss settlements generally reflect the vehicle’s value at the time of loss, subject to the deductible, policy, and applicable rules. Optional new-car replacement products may work differently.[4]
Other Coverage Questions
Should UM/UIM limits always equal my liability limits?
Not automatically. UM/UIM laws and available limits vary by state. Therefore, review the choices offered under your policy rather than applying one national rule.[2]
Is a manufacturer’s warranty the same as car insurance?
No. A warranty generally addresses specified defects or malfunctions. Auto insurance addresses covered risks such as liability claims, collisions, theft, and other insured losses.[6]
Is an extended warranty part of my car insurance?
No. FTC explains that a separately purchased auto service contract, sometimes called an extended warranty, is a different product. It may also overlap with the manufacturer’s warranty, so review both before buying.[6]
Will my personal insurance automatically cover a dealership test drive?
Do not assume it will. Coverage can depend on your policy, the dealership’s policy, state law, permissive-use rules, and the test-drive agreement. Ask both the dealer and your insurer when uncertain.
Cost and Policy Review
Are new cars always more expensive to insure?
No. Vehicle value can increase physical-damage exposure, but insurance pricing depends on many factors. The make and model, repair costs, driver, location, mileage, selected coverage, deductibles, and discounts can all affect the result.[1]
Should I compare insurance before buying the car?
Yes. Quotes on the vehicles you are considering can reveal meaningful differences in ownership cost. Use equivalent coverages and driver information when comparing them.
When should I drop collision or comprehensive?
There is no fixed vehicle age. Instead, review the car’s current value, deductible, annual premium, lender requirements, and your ability to absorb a repair or total loss.
Insure the New Car for the Risks You Cannot Comfortably Absorb
Start before delivery. Confirm whether an existing policy temporarily covers the new vehicle or arrange a new policy to begin before you drive it. If you finance or lease, review the contract because the lender or lessor will commonly require collision and comprehensive.
Next, build the policy in layers. Choose liability protection that fits your financial exposure. Then evaluate collision, comprehensive, UM/UIM, PIP or MedPay, rental reimbursement, and roadside protection.
If you have a loan or lease, compare GAP or loan-payoff protection with the shortfall you could face after a total loss. Meanwhile, new-car replacement may be worth investigating if you want protection against the depreciation gap between a standard settlement and the cost of another qualifying new vehicle.
Finally, shop several insurers using the same drivers, vehicle, liability limits, deductibles, and optional coverages. A cheaper quote only represents a better value when the protection is comparable.
Know the Coverage You Want Before You Compare the Price
Use the same limits and deductibles across quotes so you can see which policy actually offers the better value for your new vehicle.
Compare Car Insurance QuotesReferences
- National Association of Insurance Commissioners. Consumer Auto Insurance. Consumer guidance on policy declarations, coverage limits, lenders, rating factors, discounts, and auto insurance shopping. ↩
- National Association of Insurance Commissioners. What Does Auto Insurance Cover?. Current consumer guidance on liability, collision, comprehensive, UM/UIM, PIP, financed vehicles, and other auto insurance coverage. ↩
- Progressive. New Car Insurance. Current information on newly acquired vehicles, grace periods, financed and leased cars, VINs, collision, comprehensive, and loan/lease payoff coverage. ↩
- Allstate. Extra Insurance for a New Car: Three Key Coverages. Information on new-car replacement, depreciation, repair-related features, and GAP protection. ↩
- Consumer Financial Protection Bureau. What Is Guaranteed Asset Protection (GAP) Insurance?. Consumer guidance on negative equity, optional GAP products, and comparing GAP prices and coverage. ↩
- Federal Trade Commission. Auto Warranties and Auto Service Contracts. Consumer guidance on manufacturer warranties, service contracts, extended-warranty terminology, coverage overlap, and contract terms. ↩
- GEICO. Owned, Financed and Leased Vehicles. Guidance on correctly identifying a vehicle’s ownership or financing status when adding it to an auto policy.
- The Zebra. New Car Insurance Grace Period. Consumer guidance on grace periods, existing policies, uninsured buyers, financed vehicles, and proof of coverage. ↩
- GEICO. Total Loss Process. Explanation of settlement payments for owned, financed, and leased vehicles and possible remaining loan balances. ↩
- Consumer Financial Protection Bureau. What Kind of Auto Insurance Options Are Available When Financing a Car?. Consumer guidance on force-placed insurance, lender protection, GAP, and other financing-related insurance products. ↩
- Progressive. Insurance on a Leased Car. Guidance on collision, comprehensive, liability-limit, and deductible requirements that may apply to leased vehicles. ↩