What Happens If You Crash a Leased Car?

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If you’re injured in an accident with a leased car, be aware that more factors may be involved than in a driver-owned car accident. The details of your lease and accident specifics could lead to unexpected obligations.

To learn what happens if you crash a leased car, seek legal advice from the car accident attorneys skilled in leased vehicle accidents at The Kryder Law Group, LLC Accident and Injury Lawyers.

What Should I Do If I’m in an Accident While Driving Leased Car?

If you’re seriously injured while driving a leased car:

  1. Assess injuries and call 911.
  2. Seek medical attention as soon as possible.
  3. Exchange contact and insurance information with all other drivers.
  4. Collect evidence like accident-scene photos and your police report.
  5. Document details such as time of day and weather conditions.
  6. Notify the leasing company.
  7. Contact an experienced car accident lawyer.

How Does an Accident Affect My Leased Vehicle Insurance Policy?

A car dealership or leasing company may require drivers of a leased vehicle to carry more insurance than Illinois law’s minimum. An accident could lead to higher insurance rates.

Who Is Responsible for Damages in a Leased Car Accident?

In either a leased vehicle accident or driver-owned car accident, responsibility for damages will depend on the particulars of the accident. It is important to note that when you are injured, even if you were not at fault or only partially at fault in the accident, you may still be liable for certain costs depending on your car lease agreement or insurance policy. A skilled leased car accident attorney can help you understand your liabilities.

What To Do If You Are Injured In A Leased Car Accident

If you get hurt in a crash in a leased car and you’re confused about your insurance claim, get in touch with an experienced lawyer at The Kryder Law Group, LLC Accident and Injury Lawyers.

Should I let My Lender Know about the Accident?

Yes. Definitely tell your leasing company about the accident quickly. If you don’t, you might have to pay for any damages that your insurance doesn’t cover.

Also, your vehicle lease agreement might specify which repair shop you have to use for vehicle repairs.

Does It Matter Who Is At Fault to Recover Damages?

Yes. Who caused the accident matters if you’re trying to get compensation for injuries with a personal injury claim after a leased car accident. Even if the accident wasn’t your fault, you might still have to pay for some damages based on what your lease agreement says.

Illinois Is a Comparative Fault State

In the state of Illinois, drivers are responsible for any damages they cause through their negligence. This means that Illinois is a fault state and accident victims must be less than 50% at fault in auto accident in order to seek compensation.

Do I Still Have to Pay My Lease if the Car is Totaled?

Yes. Even if your leased car is completely totaled, you’re still on the hook for payments. If the lease car accident left your vehicle unusable, you must continue to make payments.

For instance, if you total the car seven months into a 12-month lease, you owe for the remaining five months. The damages you recover from your driver’s insurance company may help cover what you still owe on the lease, so ensure the total damages are calculated accurately.
Do I Still Have to Pay My Lease if the Car is Totaled Infographic


What is Gap insurance?

Gap insurance is extra coverage added to your own lease contract or insurance policy to protect your leased vehicle. It covers the gap between what you owe on the car and its actual cash value if totaled.

Is GAP Insurance Required in Illinois?

No. GAP coverage is not required by law in Illinois, unlike comprehensive and collision coverage or liability insurance. GAP coverage is an optional form of coverage that Illinois drivers can get from an auto insurance company if they so choose to.

How Long Will My Settlement Take?

The length of time it takes for a case to resolve depends on the specific details of your leased vehicle accident case.

Get Help from The Kryder Law Group, LLC Accident and Injury Lawyers

Accidents with leased cars can be complicated, but The Kryder Law Group, LLC Accident and Injury Lawyers can help you navigate the legal process. Our experienced attorneys understand the nuances of both leased vehicles and driver-owned vehicle accidents and can ensure your rights are protected.

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