Liability Insurance
by Nancy
(toronto, ontario)
do i by law have to put liability insurance on a leased vehicle even when it is stored in my house garage over the summer?
Coverage for Leased Vehicle
I don't know if there is a specific law, but ...
Your contract with your leasing company probably insists that you carry full coverage. The contract is a legal document enforceable by contract law. You should contact the leasing company if you want to adjust your contract.
Please be sure to discuss this further with a licensed insurance representative. Oh, and by the way, are your rates too high? Check here:
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