What happens if you wreck a leased vehicle

You may bring a claim against the other driver and their insurance company to cover your losses. Your lawyer will help you determine what to do to fulfill the terms of your lease and maximize your compensation. They can help you determine what damages you may be eligible to receive from the other driver and how to claim your damages. With more than 30 years of experience fighting for victims of personal injury in the Las Vegas valley, Attorney Adam S.

Kutner knows his way around the Nevada court system and how to get clients their settlement promptly and trouble-free. Call us today at anytime to schedule a free consultation.

We will work to get you the maximum settlement as quickly as possible. Car Accidents Involving Leased Cars. Have You Been Involved in an Accident? Get legal advice as soon as possible. Click here to schedule a free consultation. Typically, you will take the leased vehicle to a shop for an evaluation and estimate of repairs.

Your insurance company — or the insurance company of the at-fault driver — will then pay for the cost of repairs or vehicle replacement. You will still owe the leasing company, however, for any remaining payments you have under the lease. GAP coverage will take care of this payment if you have this type of insurance.

As with all car injury cases, you can claim the following:. There are many pitfalls an accident victim can fall into when trying to navigate a car accident lawsuit in a leased vehicle. One of our Las Vegas auto accident lawyers at Cogburn Law can successfully and smoothly guide you through the entire process and help you negotiate your insurance claim. Feel free to call us at for a free consultation.

We operate on a no-win-no-fee basis so you risk nothing with us. I was hesitant about getting a lawyer for many reasons, however, the entire staff at Cogburn reassured me that everything would be okay.

They were always very attentive and provided detailed answers to any questions I had. I would like to thank the entire staff for all of your hard work, making sure that my daughters and I were compensated for the car accident, and making sure we received all the necessary treatment. You were awesome. Skip to content. Personal Injury.

Car Accidents. Slip and Fall. Even if the accident was not your fault, a good insurance company will go to bat for you and help you get a fair settlement. Never cancel or reduce your insurance on a leased car beyond the coverage required in your lease contract.

Your insurance company will notify your lease finance company the moment this happens. In case of an accident in a leased vehicle, call first, your insurance company second, and your lease company third. What happens next depends on the severity of the accident, the cost of repairs, and your insurance coverage. In some cases, you can end up owing money to the lease company, just as you might if you had an upside down car loan.

There are some very specific things that need to be done if a leased car is involved in an accident First, call and report the accident to the police, even if relatively minor — and even if you are at fault. After a crash in a leased vehicle, you must call both the leasing company and your insurance company.

You will have contracts with both stipulating the prompt reporting of an accident. Work with the leasing company and your insurance provider to take your vehicle to a repair shop, get an estimate and receive compensation, if applicable. You may have to pay a deductible before your insurance company will repair the leased vehicle. If you totaled the car, your insurer should pay for the pre-accident value of the leased vehicle.

You will then have to pay the leasing company your remaining payments under the terms of the contract. Contact a car accident attorney in Boston if you suffered catastrophic injuries, your insurance company denies your claim or the leasing company makes it difficult to settle your crash case.

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