Which of the following statements is true concerning comprehensive and collision insurance?
A) If you are financing a car,this insurance may be required by the lender.
B) Financially,it is advisable to take out the lowest deductible possible.
C) If you were in an accident,this coverage could enable you to replace your older car with a new one.
D) The deductible is really a form of transferring insurance.
Correct Answer:
Verified
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