Which scenario represents an additional interest in a policy?

In the context of insurance policies, particularly with motor vehicle insurance, an "additional interest" refers to individuals or entities that have a financial stake or interest in the insured property beyond just the policyholder. The lienholder is a perfect example of this, as they hold a legal claim to the vehicle until any loan or outstanding debt is paid in full.

When someone takes out a loan to purchase a vehicle, the lender often requires the borrower to list them as a lienholder on the insurance policy. This arrangement ensures that if the vehicle is damaged or totaled, the insurance payout will first cover the lender's financial interest, allowing them to recoup their investment. This is crucial because the lienholder has an economic interest in the vehicle’s value, which goes beyond the interests of the insured individual.

While the other options presented may have a role in the context of a motor vehicle policy, they do not hold the same kind of financial stake in the vehicle as the lienholder does. An insured individual holds the primary policy but does not qualify as an additional interest because they are the main party of the insurance contract. An appraiser's role is typically to assess the value or damage rather than to hold an interest in the policy, and a mechanic may repair the