Insurance Policies
Damage to your Lease Car: What Now?
Updated
Damage is inconvenient, but with the right steps, handling it usually proceeds quickly.
Step-by-step Plan
- Ensure safety and take photos.
- Complete the European accident statement together with the other party.
- Report the damage to your insurer or leasing company.
- Have repairs carried out by an authorised repairer.
What type of damage is covered by your lease car's insurance?
In addition to general coverage, specific exclusions or excesses often apply. This includes damage due to intent, reckless behaviour, or damage incurred under the influence of alcohol or drugs. Damages resulting from negligence, such as refuelling with the wrong type of fuel, are also often not covered by standard insurance. Carefully reading the insurance terms and conditions prevents unexpected costs in the event of damage.
When is it advisable to take out additional insurance?
A common addition is passenger insurance, which covers personal injury to passengers. A reduced excess or a no-claims protector can also be options, depending on what the leasing company offers. Discuss with the leasing company which supplementary insurances are available and whether they are suitable for your situation and business risks, in order to ensure the most complete protection.
Frequently asked questions
Do I pay an excess?
Usually, yes, depending on your policy or lease agreement.
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