Answer:
He will get charged a late fee, and if he continues not to pay, the bank will repossess his car.
Explanation:
When you borrow money and use an item for insurance, the bank has greater assurance that you will make your loan payments. If you do not make the payments, the bank will first assess late fees. If you continue not to pay it, the bank will issue a repossession order and confiscate the item you put up for insurance.
Hope this helps!