Most people that lease or buy a new vehicle are concerned about minor vehicle damage, and especially a total loss. Allstate’s new car coverage is a great feature that protects you from car damage that can put your loan or lease under water – where you have to pay out more than the car is worth at the time.
Have you ever returned a leased car that has a few dings in it. Ugh! The dealer charges you for everything.
New car coverage can help, because damages are covered without consideration for depreciation, like normal collision or comprehensive coverage. And they use new parts, not refurbished parts. Check your policy to learn the specific details on your auto insurance.
Also, check with your agent about new car coverage or contact me now, and I’ll explain.