Lease car insurance quote


Leasing, or rental with purchase options (LOA), is the preferred method for more and more drivers to travel at the best prices on modern vehicles. This formula derives certain rules regarding the choice of car insurance policy. Find the necessities to remember about leasing insurance on below

What is a leased vehicle?

Lease, or Rental with purchase options ยป(LOA) may be used instead of buying a new or used car and getting a mortgage.It simply consists of renting a car from a car rental company for a period of time, which is generally included. 2-5 years..

Therefore, the driver of the leased car is not the legal owner. However, he has a registration certificate created in his name. To drive, he is subject to payment:


  • Deposit at the time of signing the rental contract. That amount can reach 15% of the vehicle’s estimate.
  • Donation or monthly rent. It is paid directly to the rental company and the amount depends on the value of the vehicle.

Many drivers appreciate the benefits of a leased car. In fact, the amount of rent is generally lower than the amount of car loan that would have been needed to get the same model.


At the end of the rental period, the driver can exercise the purchase option as needed and become the ultimate owner of the car at the price predefined in the contract. If he returns the vehicle, his deposit will be refunded to him after deducting the repair costs.

Buyout potential at the end of the contract is the main difference between leasing and long-term leasing (LLD).

Car leasing insurance: Pay attention to mileage restrictions

LOA car rental contracts (and in some cases car lease insurance contracts) include an annual mileage limit that must not be exceeded. In most cases, it defaults to 15,000 or 20,000 kilometers per year. Define this assignment according to your actual needs. Overruns can result in significant charges.

How to insure a leased car?

Taking out car insurance as part of a lease agreement is the sole responsibility of the borrower driver, even if he is not the owner of the vehicle. There are generally two possible solutions. The driver can:

  • Take out car leasing insurance directly with the car rental company (group contract).
  • Select a contract with the insurance company of your choice.

The first option is certainly the simplest and fastest, but it is not always the most advantageous from an economic point of view. With the online auto-lease insurance comparator, you can quickly identify competing cheap formulas.

To be on the safe side, French law imposes at least “third party” car insurance on all cars on public roads. This is a civil liability guarantee that covers damages caused to other road users.

However, the rental company has the right to claim more protection insurance. In fact, most contracts require the driver to have “all-risk” car leasing insurance.

What is the car leasing insurance guarantee?

It is in the tenant’s interest to benefit from a more protective contract than simple third party insurance. In fact, leased vehicles are very recent in most cases, so they are of great value. In the absence of sufficient compensation, the insured is obliged to provide a large amount of compensation to the rental company in the event of an accident.

Warranties imposed by lenders typically include:

In addition, it is not uncommon for car leasing insurance policies to include a “financial loss” guarantee. The latter takes into account the difference between the market value of the vehicle and the new value and avoids everything remaining dependent.

How much does a car leasing insurance cost?

The following table shows a comparison of the best car leasing / LOA insurance estimates for all risk formulas. The advertised rates apply only to private use, living in Lyon, driving 15,000 kilometers a year, closing the garage and getting the maximum bonus without recent claims.