| One of the nasty little surprises that comes with leasing is
that many lenders require more insurance coverage than you might normally carry. For this
reason higher insurance premiums are in a way one of the "hidden costs" of
leasing. Just like anything else, when it comes to insurance it pays to
shop around. We recommend visiting American
Express Financial
for a free quote.
American
Express' rates are indeed very competitive. I did a test quote to see how they
compared to USAA, my current carrier who I pay $790 per six months for two
vehicles. On the same coverage, American
Express came in at $745 for six months, or $90 a year less than USAA. This is quite impressive since in the past when I
have shopped for better rates several companies have flat out stated that
they can't compete with USAA! Click here
to see the screen shot from the
test quote. Requesting a quote from American
Express takes a few minutes of filling out forms, but if you are
seriously shopping for auto insurance it can be well worth your time. |
