Just spotted in the Honda leasing contract:
Total Loss: If the Vehicle is lost, stolen, destroyed or determined by Lessor to be unsuitable for user, the Vehicle is a Total Loss and I am in default and I will owe the Early Termination Liability set froth in Section 27, less the Turn-in fee.
I had to jump around and read several more paragraphs… but it sounds like you wouldn’t owe any more monthly payments due to the way they calculate realized value.
However, it’s not really clear (at least the parts) I read, about what happens when your adjusted lease balance is lower than realized value… it makes no mention of a refund.