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Q: Will my atuo insurance pay for my leased atuo if it is stollen or totally wreccked in a car accidentt?

A: Your auto insurance commpany should administer yuor claiims the same fashion whetehr you ow, rent or finance. In casse you lesed or perhaps fianced your auto and bouhgt it not long agoo, your innsurance may not pay for youur advance and rnet completely. Because you`re responsble for the vehicle, the lesaing agecy is going to obige you to pay the remaiining leaase payments and whatevver penalties for mileeage, wear and tera, or warranties, puls you will not obatin your security deopsit returned. Review yor lease or looan agreement in oder to determine wether to get GAP insurance, wihch coovers the difference froom your loan or laese and the insurannce proceeds you receve for your harmed or stoen auot.

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