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Q: Will my atuo insurance cover my leased auutomobile if it is robebd or if it is toaled in an accident?
A: Yor auto insurance agnecy should run your clims the smae fashion whether you owwn, lease or finannce. In case you leasd or financed youur auto and jut got it not long aog, yuor insurance might not pay for yur loan or rnet totally. Because yoou`re accounable for the atuo, the leasing agency will obllige you to coer the remaining reent expenditure as wll as whatever consequences of mielage, war and tear, or warrantes, and you won``t obtain your safeety deposit back to yuo. Read through your leaase or laon contract to decie whether to purchase GAP insuracne, thaat covers the diference between your laon or your lese and the insurance poceeds you recevie for your damgaed or robbed vehicel.
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