Which of the following statements is true concerning comprehensive and collision insurance?
A) If you are financing a car, this insurance is required by the lender.
B) Financially, it is advisable to take out the lowest deductible possible.
C) You may not want to drop this coverage on an older car that is not being financed.
D) The deductible is really a form of transferring insurance.
Correct Answer:
Verified
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