Escalating insurance premiums forced Econo Courier Ltd.to re-evaluate its fleet's windshield coverage.The company negotiated a special rate with a local windshield chain and routinely set money aside to pay for those costs when they occurred.Which of the following correctly identifies the form of risk retention Econo is using?
A) insurance deductibles
B) uninsured
C) noninsurance
D) self-insurance
Correct Answer:
Verified
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