If you have an outstanding loan on your car,the contract will require you to carry ____ insurance.
A)bodily injury liability
B)property damage liability
C)medical payments
D)collision and comprehensive
E)all of these

Question

Quizplus · Accepted Answer

When you have an outstanding loan on your car, the contract will require you to carry collision and comprehensive insurance. This insurance coverage will protect the lender's financial interest in the car until the loan is paid off. While bodily injury liability, property damage liability, and medical payments coverage are important types of insurance, they are not typically required as part of an auto loan contract.

If You Have an Outstanding Loan on Your Car,the Contract