After browsing for the perfect new Lexus vehicle, you’ll find that your next steps are to begin exploring your financing and leasing options. Although financing is a fantastic choice for many shoppers, others like you may prefer to lease instead. There are certainly advantages to leasing, but there are other aspects that are similar to financing. In both cases, you’ll want to ensure that you have some kind of vehicle insurance before you head out onto the Delray Beach roads.
In Florida, the minimum auto insurance you’ll need is $10,000 of coverage in personal injury protection (PIP) and $10,000 of coverage in property damage liability (PDL). However, the leased car insurance requirements for many lenders will often be more. Many providers will ask that you have full insurance coverage in addition to the minimum Lexus lease insurance requirements in Florida. Learn more about car leasing with insurance and even lease gap insurance today with the experts at the Lexus of Palm Beach finance and leasing center!
Technically, the minimum Lexus lease insurance requirements in Florida are dependent on the exact lease provider that you go with. Although the insurance requirements in Florida are a minimum of $10,000 of coverage in PIP and PDL, many providers will want to see full automotive insurance coverage and may even suggest you opt for lease GAP insurance. According to Florida Statutes, you will need $100,000/$300,000 of bodily injury liability insurance and $50,000 of property damage liability if you are the lessee.
Local laws and the lease car insurance requirements for your specific situation may vary, so we recommend you speak to one of our experts for assistance. We’ve gone over car leasing with insurance in Florida, but, what does all of this really mean for you in terms of protection on the Lake Worth roads? Here are some of the definitions for each of the coverages for vehicle insurance:
If you’re ready to upgrade your West Palm Beach adventures with a vehicle lease, head to our dealership today! We can help you discover all of your insurance options and address any concerns you may have. To get started, get in touch with our team online.
You may have heard about Lexus quality but you’ll want to own a Lexus vehicle for yourself to really understand what everyone is talking about. Fortunately, we’re here to help you find the perfect vehicle for your Delray Beach lifestyle. The latest 2023 Lexus models available come in all shapes and sizes to make it easy…
When you get behind the wheel of a new Lexus, you’re treated to an interior experience that delivers plenty of upgrades and features for you to enjoy on the Delray Beach roads. However, opt for a Lexus hybrid and you’ll find the cabin is even more futuristic with plenty of technology highlights to be found….
The Lexus RX 350, the iconic flagship of the Lexus SUV lineup, is getting a refresh for 2023! This mid-size SUV offers new trims and powertrains alongside significant design improvements such as a new front grille, a larger infotainment screen, a lower hood, a longer wheelbase, and all-new LED headlights. The team at Lexus of Palm Beach has…
You don't have any saved vehicles!
Look for this link on your favorites:
Once you've saved some vehicles, you can view them here at any time.
(561) 291-6004
Call Now5700 Okeechobee Boulevard • West Palm Beach, FL 33417
Get DirectionsOpen Today! Sales: 9am-9pm
Open Today! Service: 7am-7pm
Open Today! Parts: 7am-7pm