Does Insurance Come As Part Of My Lease Hire Agreement?

Vehicle insurance is not included in your lease agreement and it is your responsibility to arrange insurance prior to your new vehicle being delivered. The insurance policy must have fully comprehensive cover. When your vehicle delivery date has been confirmed we will contact you so that you can arrange cover. For personal contract hire agreements the insurance cover should be in the name of the person as per the Hire Agreement or the person on the Hire Agreement should be a named driver on the insurance policy. For business contract hire agreements the insurance cover should be in the company's name or in the name of a director. When arranging your insurance cover please ensure that you disclose to the insurance company that the vehicle is on a Hire Agreement and that the finance company is the registered owner and keeper of the vehicle. We recommend that you obtain some indicative quotes for insurance for your chosen vehicle as you would do when deciding on a vehicle to purchase  prior to committing to the Hire Agreement as insurance premiums can vary significantly by vehicle make and model.