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Why You Need Full Coverage Car Insurance for a Loan or Lease | Michigan Auto Insurance Explained

If you're leasing or financing a vehicle in Michigan, you’ve likely been told you need “full coverage” auto insurance — but what does that actually mean?

In this video, we break down:
🔹 What “full coverage” really means (hint: it’s not an official term)
🔹 The coverages you’re required to carry in Michigan — including PIP
🔹 Why lenders require comprehensive and collision coverage
🔹 Common deductible limits for financed and leased cars
🔹 The importance of loan or lease gap coverage
🔹 How these coverages protect both you and the lender

If you want to make sure your auto insurance meets your loan or lease requirements — and more importantly, that you’re financially protected — this video will give you a solid foundation.

📞 Need help reviewing your auto insurance policy? I’m here to help. Contact me today to make sure you’re properly covered.

🔗 Learn more about Michigan auto insurance:

#AutoInsurance #MichiganInsurance #FullCoverage #LeasedCarInsurance #FinancedCarInsurance #ComprehensiveCoverage #CollisionCoverage #GapInsurance #MichiganPIP #InsuranceAgentMichigan

Need help with your insurance? Have questions?
✅ Get a quote today: https://www.yourmichiganinsurance.com...
📞 Call or Text: 248-459-3045
📧 Email: [email protected]

I look forward to working with you!

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**DISCLAIMER: THIS IS NOT LEGAL ADVICE. USE AT YOUR OWN DISCRETION. THIS VIDEO INCLUDES MICHIGAN INFORMATION ONLY.