insurance on lease/contract hire
insurance on lease/contract hire
Author
Discussion

MattW123

Original Poster:

54 posts

159 months

Monday 23rd March 2015
quotequote all
This link seems to suggest that it is the finance company's responsibility to insure a lease or contract hire car. I insure mine myself. Am i missing something?
http://www.contracthireandleasing.com/guides/faqs/

xRIEx

8,180 posts

179 months

Monday 23rd March 2015
quotequote all
I was always under the impression that the lessee insures the car, apart from schemes like Peugeot's PCP 'Just Add Fuel'.

The standard of English on that page is shocking, though:
FAQ said:
1. Who benefits if I do less miles that I'm contracted for?

2. What happens if I do more miles that I'm Contracted for?
And what the table under question 5 means, I have no idea. Altogether, shocking. The content obviously hasn't been checked properly, so I wouldn't rely on any of the 'information' on that page.