Abraham has just purchased his first car. His bank, First State Bank, loaned him the money to buy the car and has required him to purchase insurance to protect the car as the collateral for the loan. Which basic types of coverage should Abraham buy to satisfy the bank requirement and to best protect himself from the risks of operating an automobile?

a. collision coverage only
b. collision and comprehensive coverage only
c. collision, uninsured motorist, and comprehensive coverage
d. collision, uninsured motorist, comprehensive, and liability coverage


d

Business

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