Originally Posted by saeyedoc
The problem is that the insurance company pays off the leasing company, not you. You're stuck for whatever you already paid. Maybe it works differently on a pre-paid lease, you'd have to look at the contract.
They give you what they feel the car si worth. That may or may not be more than you owe. There's no way to tell unless it happens to you. Unless you pay MSRp or some dumb price for it, I bet you still come out ahead so the $ down on lease = bad 100% of the time is stupid & false.