Determine whether the following statement makes sense or does not make sense, and explain your reasoning. I've paid off my car loan, so I am not required to have liability coverage. Choose the correct answer below. A. The statement does not make sense. Paying off the car loan will eliminate the need for collision and comprehensive coverage, but liability insurance may be required regardless of whether the car is paid off. B. The statement makes sense. Once the car loan is paid off, only the car owner is responsible for any damage to the car, so no liability coverage is necessary. O C. The statement does not make sense. Liability coverage is required for all car owners only once the car loan has been paid off. D. The statement makes sense. Liability coverage is optional for all car owners whether there is a car loan or not