Reader’s Question: I don’t own a car. What if I lease a car? Will I still need auto insurance? Frances Austin, TX Leasing is fast catching up. A lot of people are into it. It is the advisable thing to do if you want lower monthly payments, a new car every couple of years and [...]

Reader’s Question: I have a leased car in Texas and I would like to know what is the minimum liability auto insurance that is required for leased vehicles. Pat Houston TX Since you are leasing a vehicle you will be be required to buy more insurance than what your state mandates. They will likely require [...]

Reader’s Question: My father and I just leased a vehicle. The problem is that I have a revoked drivers license and the dealership wants to exclude me and the auto insurance company will not exclude me. Can you tell me what to do? Brian Dallas TX Most car insurance providers will not exclude you if [...]

Reader’s Question: Does lease company pay for auto insurance of the leased automobile? Amanda Los Angeles CA I do not think so. What I know is that you are still responsible obtaining car insurance on the leased car. It is true that the lease car company technically owns the vehicle but normally if you check [...]