Question
If I am leasing a car and die before the end of the lease term, can I buy insurance to cover that?
For example, I have a 2-year lease on a 2019 car. If I die and my spouse is left with payments, can I buy insurance to have the lease paid off in full?
Answer
For this situation I'd actually recommend getting a life insurance policy if this is something you are concerned about. To my knowledge, there is no type of auto insurance coverage that would help with the death of a policyholder.
In general, dealing with car insurance when a policyholder dies can be tricky and varies depending on the company and type of policy you have, but it is likely that your spouse would inherit the policy from you. Hope this was helpful.
Insurance is complicated, but it doesn't have to be.
The Zebra searches all of the top insurance companies, in one place, so you can compare the cost and coverage you need to protect your car, home and other property.
Step 1: Tell us a little about yourself
Choose an insurance product and enter your zip code to get started.
Step 2: Sip your coffee while we find the best quotes
Enter the necessary information and then sit back while we find quotes from 100 top insurance carriers.
Step 3: Compare your quotes
Compare quotes side-by-side to find the right match for you, whether it's home, auto, or more.
Step 4: Let our agents do the hard work for you
Once you pick your policy, our agents are here to get you over the finish line. Then just relax and enjoy your savings.