Car leasing and insurance

Taking out a car leasing agreement with insurance combined is a simple way to get behind the wheel of a fully covered vehicle. Drivers can secure their own insurance policy, but our Total Care insured lease packages can save you the time and hassle of comparing insurance quotes every year. In this guide:

• Why do I need car insurance?
• Do leased cars come with insurance?
• What are the different types of insurance for leased cars?
• Total Care - our insured lease agreement package
• What are the benefits of a combined lease with insurance?
• What is included with Total Care?
• Who is eligible for an insured leasing agreement?

To find out more about the insured lease deals that we offer, contact us to discuss your options.

Why do I need car insurance?

If you are found to be driving without the right protection in place, you could face points on your license, fixed penalty fees, and in some cases, disqualification from driving. The police also have the authority to seize and potentially destroy vehicles that are driven without insurance. 

Do leased cars come with insurance?

Policies differ widely in terms of what they cover you for, so it's important to understand your options. 

What are the different types of insurance for leased cars?

Lease car drivers need comprehensive insurance cover. Comprehensive insurance provides the highest level of protection and has several important benefits, including covering you for any damage caused to your vehicle, and for driving vehicles that you don't own. 

Comprehensive insurance can cost a little more than other policies, but it gives you peace of mind that your leased vehicle is covered in all eventualities. As there are many different policies and add-ons available, it's important to always read the small print to make sure that the policy you choose meets your needs.  

Here are some things to look out for:  

• Check the excess - The excess is the amount you will have to pay when you make a claim. It's then refunded if you're found to not be at fault. You pay the excess upfront to get a claim started – do the maths and work out whether you could afford to pay the excess on a big claim should the worst happen.  

• Restrictions – As there may be mileage limits, check your policy carefully. In some cases, breaking the mileage limit means driving with invalid insurance. This could be problematic in the event of an accident or if your car is stolen.  

• Premium - This is the cost of the policy. You can usually choose to make monthly payments or pay once a year. Some insurance companies offer a discount for paying the annual charge upfront. 

Your premium is decided by the value of the car, the location of your activities, your assumed risk group and your insurance/driving history.

• Warranty cover - A warranty or maintenance package will often cover you for accidental damage or repairs and replacements. Make sure you check what's covered. Good warranty cover can often mean saving hundreds or even thousands of pounds.  

Total Care – our insured lease agreement package

What are the benefits of a combined lease with insurance?

With a combined lease, cover starts on the day that your new vehicle is delivered and continues until the vehicle is collected at the end of the contract. You pay a fixed monthly cost for the combined lease, which remains the same competitive price for the duration of your lease term.

The combined package also provides cost saving benefits, as you don't need to shop around for insurance renewal quotes or third-party repairs and maintenance providers. We also don't need to wait for a third party to give us the go-ahead to repair your vehicle. This significantly reduces your downtime and gets you back on the road quicker.

You can enjoy the tax and financial benefits of contract hire and reclaim the relevant VAT charges where appropriate.

What is included with Total Care?