The method of financing your car does not impact the premium rates charged for a specific level of coverage. You would pay the same rates whether you pay cash, take out a loan, or lease.
Leasing companies own the vehicle and want to protect their asset. They will require that you maintain a specified standard level of collision damage coverage. If you paid cash you could pick lower limits and get a lower premium.
Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
In and of itself, no, however, there are ramifications to a lease that certainly impact the amount of premium you'll pay. Usually, a lease involves a late model car. If you have been used to an older vehicle, you have probably been paying less for the physical damage portion of the coverage on your policy (Comprehensive and Collision). Because you are arranging for a new vehicle, the value is greater so yo may pay a bit more. Also, when you buy a car with a car loan, the lending company only cares that you have Comp and Collision, they don't care how much liability protection you have. With a lease, however, the leasing company will include a stipulation for a certain amount of liability protection in your policy. If the coverage you have been used to is less than their requirement, you will in fact be paying more.
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Leasing companies own the vehicle and want to protect their asset. They will require that you maintain a specified standard level of collision damage coverage. If you paid cash you could pick lower limits and get a lower premium.