Is Insurance Provided With My Lease From Flexed?

FLEXED – Short Term Car & Van Leases

If you’re interested in leasing your next car or van, you might be wondering what’s included as part of your lease contract and whether insurance is part of the package.

Just like buying a car or van outright, standard car insurance is generally not included as part of the sale and this also applies to leasing, as it’s the customer’s responsibility to ensure that the car or van leased from Flexed is covered with insurance.

When you lease a vehicle you must take out a fully comprehensive insurance policy, as third party, fire & theft will not be acceptable cover for your lease vehicle. You could even look at GAP Insurance as an option but this is entirely up to yourself.

As the car or van leased is never owned by the lessee and returned once your lease contract ends, the vehicle remains the property of the finance provider for the duration of your lease term and it is they who are the registered owner and keeper of the vehicle and hold onto the V5C logbook.

When applying for insurance on your lease vehicle, the policy holder must be same person as named on the lease agreement. However, a partner or spouse can be accepted rather than the named lease agreement holder or they can be listed as a named driver.

FLEXED - shot term leases & long term rentals

Insuring a small car like the Fiat 500 could mean cheaper insurance – available to lease NOW with FLEXED for only £229.99 excl. VAT per month based on a 28 day rolling contract

If you’ve opted for a Business Lease, the policy holder can be either a company director listed with Companies House or be in the company name.

The lease agreement holder must be named on the insurance certificate for the policy to be acceptable.

When taking out insurance for your lease vehicle, you’ll need to have a certain amount of information ready to give to the insurance company such as registration number, make & model details, engine size, vehicle value and date of first registration – all this information will be provided so you can insure your lease car or van.

You’ll also be asked who the registered keeper is (finance provider), where the vehicle will be parked at night, what the car or van is to be used for (social, commercial etc.), your average annual mileage and whether you’ve been involved in an accident recently or have any current driving offences that need to be declared.

It’s always advisable that you’re totally honest with your insurance provider, as it could backfire on you in the event of a claim and could invalidate your policy or lead to a non-payout.

If you have an existing policy, then it might be possible to transfer it over onto your lease car or van. They must be informed that the new registration you’re transferring over to is a lease vehicle and that the registered owner and keeper of the vehicle is the finance provider.

Looking for the right vehicle insurance policy can be a nightmare, even comparison websites can leave you confused and unsure whether you’re choosing the right one for you. Not all insurance providers appear on comparison websites, so it might be an idea to do some homework yourself rather than relying on the information provided by comparison websites – speaking to insurance providers yourself could result in a cheaper quote.

Ensure your annual mileage is as accurate as possible, so you don’t end up paying for more miles than you need to with your insurance policy.

Of course, some cars are cheaper to ensure than others, particularly small hatchback’s as they tend to be cheaper to run and insure which makes them an ideal car for new or young drivers or those looking to lease a car on a budget.

Where your car is parked at night can have an effect on how much your insurance policy might be. Those who park on a driveway or in a garage rather than on the road tend to pay less for their insurance policy.

And if you have a no-claims bonus use it, as this could help lower your insurance.

For further help and advice on insuring your lease car or van, please call 0800 311 8290 or email – one of our friendly and helpful team will gladly answer any questions you may have.



To find out more about our short term car & van leases or long term rentals, or for more information about our fantastic offers, please call TODAY on 0800 311 8290 or simply complete our ‘Quick Quote’ form for a reply within the hour.

Can’t see the exact model you’re looking to lease? Then please get in touch: or chat with a member of our team NOW using our online ‘We are here!’ service.

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