question 2 of 3 what would happen if your car...
question 2 of 3 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.
Answer
# Brief Explanations:
When a car is stolen and there is no auto - insurance, the loan agreement remains in force. The borrower is still liable for the loan amount as the loan is for the purchase of the car and not contingent on the car's continued possession. The car loan institution is not responsible for replacement, nor is the dealership.
# Answer:
You would still have to pay off your car loan in full.