Which of the following statements is true concerning comprehensive and collision insurance? A) The deductible is really a form of transferring insurance. B) If you are financing a car, this insurance may be required by the lender. C) If you were in an accident, this coverage could enable you to replace your older car with a new one. D) Financially, it is advisable to take out the lowest deductible possible. Question 46 (1 point) Which of the following is true about pure no-fault insurance? A) It is the most cost effective insurance because there are no legal expenses. B) The dollar value of accident benefits is much lower. C) No one is deemed to be at fault when an accident occurs. D) You cannot sue the at-fault driver for pain and suffering and economic loss