(c) Makiko plans to pay cash for the car and doesn't want to spend more than $5,000. Outline the coverage provided by collision insurance and factors that might make such coverage optional for Makiko. A Student Buys Insurance for a Used Car Makiko Iwanami, a student from Osaka, Japan, is in one of your classes. She is considering the purchase of a used car and has been told that she must buy automobile insurance to register the car and obtain license plates. Makiko has come to you for advice, and you have decided to focus on three aspects of automobile insurance