quiz\nquestion 2 of 6\nwhat would happen if your car were stolen and you didnt have auto insurance?\nselect…

quiz\nquestion 2 of 6\nwhat would happen if your car were stolen and you didnt have auto insurance?\nselect a response.\nyour car loan institution would be responsible for replacing your car.\nyou would still have to pay off your car loan in full.\nthe car dealership where you purchased your car would replace it.\nyou would not be required to pay the remainder of your car loan.
Answer
Brief Explanations:
If a car is stolen and there's no auto - insurance, the car loan agreement still stands. The borrower is responsible for paying off the loan 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 replacing the car, and the dealership has no obligation to replace it either.
Answer:
You would still have to pay off your car loan in full.