Ownership. A leased vehicle is owned by the leasing company. The owner of a vehicle is the responsible party for an at-fault auto accident. Because of this the leasing company usually requires that the insured maintain 100/300/50 liability insurance. (That…
6 Things To Know About Insurance When Renting A Car
Your Location. Your auto insurance will usually carry over to a rental vehicle if you are within the territorial limit of your policy. That limit usually includes all of the US, US Possessions and territories, Puerto Rico and Canada. Note…