On a leased vehicle, the agreement tells you what MINIMUM coverage is required by the leasing company. You will absolutely need collision/upset and comprehensive, and they will tell you what maximum deductible is, usually $1,000. They will tell you the minimum liability coverage. In Canada, it is usually $1,000,000, sometimes $2,000,000. In the US, it could be less, but it will be spelled out exactly, word for word, in the lease agreement. Whatever coverage is required, you are better off if you carry lower deductible and higher liability.
You want facts? You have the paperwork that tells you the facts, we don't. However, if you want to e-mail me all the wordings, I will happily interpret them for you.
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