When leaseing a vehicle would your non-owned insurance coverage come into play on the leased vehicle?

Typically, non-owned insurance coverage only applies to vehicles that you do not own, such as rental cars, vehicles borrowed from friends or family, or company vehicles. Leased vehicles, however, are considered to be owned by the leasing company, not the individual who is leasing the vehicle. Therefore, non-owned insurance coverage would not typically come into play on a leased vehicle.

Since the leased vehicle is considered to be owned by the leasing company, the lessee (the person leasing the vehicle) is usually required to maintain comprehensive and collision insurance on the vehicle. This type of insurance coverage protects the leasing company's investment in the vehicle in the event of damage or loss. The lessee is responsible for paying the premiums for this insurance coverage.

Some leasing companies may also require the lessee to maintain liability insurance on the leased vehicle. This type of insurance coverage protects the lessee from financial responsibility in the event that they cause damage or injury to others while driving the leased vehicle. The lessee is also responsible for paying the premiums for this insurance coverage.

It's important to carefully review the terms and conditions of your lease agreement to determine the specific insurance requirements for your leased vehicle. You should also consult with your insurance agent to make sure that you have adequate insurance coverage in place to protect yourself and the leasing company in the event of an accident or other covered loss.