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vaieri [72.5K]
3 years ago
12

Ashley, Nikki and Jared all selected identical new cars at the same price. Ashley, bought the car with some of his own money and

the rest a car loan. Nikki bought the car with cash. Jared leased the car. What is true about their options for car insurance?
Business
2 answers:
soldi70 [24.7K]3 years ago
7 0
I believe the answer is: the less expensive liability-only insurance 

When you choose liability-only insurance, the insurance company would only make payments if the event/accidents do not happen because of your fault.
So, let's say that a car accident happen because you are crossing the red light. Even though there is a massive damage on the car, your liability-only insurance wouldn't cover it because the accident happen because of your carelessness.
Romashka [77]3 years ago
6 0
Nikki as the option to choose the less expensive liability-only insurance coverage.<span>
</span>
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<em />

We are add the previous month +10% to get that month's amounts

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