Does Insurance Go Up When You Lease A Car? 
Not necessarily : although some carriers in their rating programs may move you to a higher premium tier because you are leasing a vehicle . Many leasing companies require certain limits of liability which may be higher than your current limits . This will result in an increase in premium . They will also require certainmaximum deductibles -LRB- say $ 1,000 -RRB- for physical damage coverages . Your current deductibles may be higher -LRB- say $ 2500 or $ 5000 -RRB- and you will have to select a lower deductible for collision to meet the leasing company 's requirement . This can increase your premium . Remember , there are now many factors that can influence your personal insurance premiums . Do you own or rent where you live ? Your credit profile ... past claims ... and on and on . 