Ashley, Nikki and Jared all selected identical new cars at the same price. Ashley, bought the car with some of his own money and the rest a car loan. Nikki bought the car with cash. Jared leased the car. What is true about their options for car insurance?

Nikki as the option to choose the less expensive liability-only insurance coverage.

I believe the answer is: the less expensive liability-only insurance

When you choose liability-only insurance, the insurance company would only make payments if the event/accidents do not happen because of your fault.

So, let's say that a car accident happen because you are crossing the red light. Even though there is a massive damage on the car, your liability-only insurance wouldn't cover it because the accident happen because of your carelessness.