Do I get insurance in my lease?
When driving any vehicle, it is the law that there must be appropriate insurance on the vehicle. You must have full comprehensive insurance.
Unfortunately, Evans Halshaw Leasing do not offer any type of insurance with their lease vehicles, this will need to be done independently.
We will go through all there is no know about insurance on lease vehicles below.
Who owns the vehicle?
When arranging insurance, you’ll be asked who owns the vehicle. The owner is the finance company.
You must tell your insurance provider this when setting up your policy. The finance company details will be given to you before the vehicle is delivered.
Any tips on getting insurance sorted on my leased car?
Adding an additional driver
The person leasing the vehicle must be the main driver on the insurance. Adding a more experienced driver with no convictions or claims can reduce the cost.
The price difference depends on the driver’s experience, location, job title and age.
Check the insurance group of the vehicle
All vehicles are part of an insurance group that will have high or low value when getting insurance quotes. For example, a more expensive, powerful car, will be a lot more to insure compared to a smaller, low engine sized car. Click here to find out more on insurance groups and ensure that the car you’re after is within your insurance budget.
It’s always best to check comparison websites
Comparison sites allow you to compare quotes for the same car with multiple insurance providers and can allow you to find out the best price. Using websites like:
Not all insurance providers are on comparison websites, and there are some that will be cheaper, you just need to look around if you really want to save!
High Excess
Having a higher excess on your insurance will mean that your premium goes down, however, if you are involved in a road traffic accident, then you will have to pay the higher excess if you are deemed at fault.
Pay your insurance annually
Paying monthly for your insurance will always be more expensive, as you are paying for a more convenient service. If you can afford it and budgeted correctly, it’s always best to pay for insurance in full, annually. This also means you don’t need to worry about even more monthly bills, on top of your lease vehicle payments
Found the perfect quote?
Congrats, now its time for some negotiation. If you call up the providers with your reference number and ask them if there is any chance you can get a better price, they will more than likely be able to help out and save you even more money. Its always useful to have some ‘better’ prices from competitors to use
Don’t forget to use cashback sites to save you even more money
You can use websites like TopCashback to save extra money.
Go through the site, enter your details and buy your insurance through the tracked page.
Once it’s verified, the cashback will be paid into your account.
Can I add a private registration to a lease car?
It is possible to place a personalised number plate on any of our vehicles. Please advise our team once the order has been placed and we can advise the process and costs depending on which finance provider you are using
