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If a leased vehicle is in an accident, the lessor has to notify the lease company, along with their insurance company. Sometime the lease company will have you go through your insurance for repairs, other times they send you to their repair shop (if they have one).
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∙ 16y ago
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You live in Michigan you had an accident with a leased car with full-coverage insurance and it was their fault Will they pay for your car to get fixed?
There insurance will cover the cost of repairs to your vehicle. This works with any vehicle even if it is a rental.
When an accident is happend why the vehicle blasts with fire?
That only happens in the movies.
What happens to a car in an accident?
it gets damaged the authorities remove and impound the vehicle.
Can you return a leased vehicle after one day?
why not.
Can a teen drive a leased vehicle?
No They Cannot.
When leaseing a vehicle would your non-owned insurance coverage come into play on the leased vehicle?
depends on your definition of lease........if you rent a car to go on vacation for a week or so.....that is a ''temp replacement vehicle'' and would be covered.....non owned auto means, you have ins. on your vehicle you borrow mine that is uninsured for whatever reason, or just has liability but your vehicle has 'full coverage' you get in accident driving my uninsured vehicle.....(if no coverage on my vehicle now only)......then your policy will kick in.......a leased vehicle needs to have it's own policy just as if you purchased a new vehicle
If a co owns a veh and is self insured and then hires a driver for that vehicle from another co and the driver has an accident on the vehicle owners property which co would be responsible for damage?
A company owns a truck that is used to move semi-trailers and this company is self insured has leased a driver from another company and the driver has an accident on the truck owners property that involves only the truck who would be responsible for the damages. The company who owns the truck and their insurance or the company who leased the driver ?
What happens if I get in an accident and only have your permit?
If you are in your parents vehicle and you are on their auto insurance policy, you would be covered.
If you are the primary insured driver of a leased vehicle what additional coverage do you need for one extra driver?
The extra driver needs to be added onto the insurance policy. Having someone drive a vehicle and not having them on the policy can be a large problem if an accident were to happen.
What happens when you have a car accident with a driver that has no vehicle insurance?
I hope you had insurance for this. The uninsured motorist will probably be broke
Who is responsible for damage to a vehicle during a repossession?
the person the vehicle was leased to is responsible as they are the ones that have caused the vehicle to need to be repossessed.
If a vehicle leased less than 1 month is in an accident but not a total loss is there a way to receive another new car instead of a repaired new car?
That totally depends upon the terms of the lease that was signed.
