Question

question 2 of 8
what would happen if your car were stolen and you didnt have auto insurance?
select a response.
your car loan institution would be responsible for replacing your car.
you would still have to pay off your car loan in full.
the car dealership where you purchased your car would replace it.
you would not be required to pay the remainder of your car loan.

Explanation:

Auto insurance (specifically comprehensive coverage) typically covers theft. Without it, the borrower remains liable for the car loan because the loan obligation is separate from the vehicle's physical existence. Loan institutions, dealerships, etc., are not responsible for replacing the stolen car or forgiving the loan.

Answer:

You would still have to pay off your car loan in full.