Leasing is the most popular form of buying cars for the company. This is a good solution that is more beneficial in the long term than reaching for car loans. After buying a car, however, it’s worth thinking about car insurance almost immediately. Thanks to this, you can use it every day without worrying that any unforeseen events will cause major problems.
A leased car, like all other vehicles traveling under roads, should have, first and foremost, compulsory civil liability insurance. However, in addition to it, additional insurance is also indicated, which will be useful especially for people who have a car in leasing. YAP insurance is such a solution, which protects the owner above all against the loss of value of the vehicle.
What about losing a car after many years of leasing?
We usually rent a car for a few years. However, it is worth being aware that the car, which we in fact pay in installments, quickly loses value. So after a few years it is worth at most half. When we drive a car and have an accident or breakage, civil liability insurance pays compensation, taking into account the market value of the car at the time of the accident. And this means that when we delete the car, the insurer will pay us compensation, which will not cover the sum of all installments that are due to the leasing company. And this is where YAP insurance comes in handy, which covers the difference between the market value of the car and the outstanding installments. This form of insurance is of course not the cheapest,
Choose insurance carefully
Choosing car insurance is not a simple matter. Many drivers are simply looking for the cheapest insurance on the market, others care primarily for high-quality service or quick compensation in the event of accidents. Regardless of the criteria we are interested in, choosing good insurance is good to use current and well-developed internet comparison websites that allow you to quickly find such insurance that will meet our expectations and financial possibilities in one hundred percent. If we don’t take care of it, even if it will be a matter of a few days, it may end up not only with a fine, but also with the need to cover all damages from our own pockets, if at that time an accident or collision occurs to us. So it ‘Let’s also remember that third party liability insurance is compulsory and you can’t get on the road without it.