General Auto Insurance Information

Claims involved in an automobile accident while driving a leased vehicle is slightly different than if you actually own the vehicle. In other words, it can be somewhat more complicated when settling an auto insurance claim. The main reason for this is, although a lease agreement entitles you to physically possess and drive the vehicle for the term of the lease, the vehicle still belongs to the company that leased it to you. And, even if the lease agreement gives you a purchase option at the end of the lease – the vehicle remains under the lease company’s ownership for the duration of the lease.…

Read more: What to Know If You Have an Accident in a Leased Vehicle

It can happen to any of us – we get busy, something unexpected comes up and, oops, we forget to pay our auto insurance. Now what? Well, in most cases, you’ve inadvertently allowed your policy to lapse…and, that’s not good. And, it’s even more so, if it’s been some time since it lapsed and you’re just realizing it. That means you’ve been driving around without coverage of any kind…and, that’s worse.…

Read more: I Let My Auto Insurance Lapse – Now What?