In Florida the state law requires minimum coverage of $10,000 personal injury protection (PIP) and $10,000 property damage liability (PDL) and if you have been involved in a crash, or convicted of certain offenses, you may be required to purchase bodily injury liability coverage (BIL).

For leased and financed cars the insurance coverage required by the leasing company or finance company (lien holder) goes beyond the state minimum so to include physical damage by means of comprehensive and collision coverage. In your loan and lease agreements you typically agree to carry these coverages on the vehicles. The coverages you need to have on your leased and financed cars, above the state's required coverage, will depend on the agreements you signed and by FL state law.A lease will typically require 100/300/50 for Bodily Injury Liability and Property Damage Liability. This coverage is a policy level coverage and all vehicles on the policy will have to have this level of liability coverage, even if they aren't both leased.

If according to the leasing and loan documents you have different requirements you can thus carry different coverages on each vehicle. To get quotes on physical coverages you can start an automobile insurance quote here.