Car Insurance Help Georgia GA
Reader’s Question:
I am wondering if I should get my own car insurance for the car I am leasing. I believe it will cost me around $15-$30 here in Georgia. Is it worth to pay additional dollars on an already costly lease?
Marie
Savannah, GA
It’s good that you asked, Marie.
There’s quite a number who have asked me the same question. So in your case, you are definitely wondering if it is wise to spend another $15-$30 per day on top of your lease, which is already expensive on its own. Well most people I know would care less to insure a car which they would only drive for a day or two. I think all people assume that they are safe drivers. I believe you are not an exception to this, definitely.
However, you also need to remember that every single day, there can be hundreds of car accidents that can happen, no matter how small. I think insuring your leased car will really be worth the risk, especially if you meet an accident at the time when you are out in the road driving a leased car. It could cost you thousands of dollars in damages even if you’re not at fault, and you don’t want to regret spending more just because you want to save a few dollars on insurance.
Your regular car insurance policy in Georgia may offer a form of leased auto insurance as well but most of the time, it will offer a very limited coverage. Some credit cards would offer auto rental coverage which could also be not as comprehensive with only a second coverage.
What I am saying is, you never know what comes your way even on a short lease, but ultimately, it would still depend on our decision.
I hope this helped you in a way!
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