All of the following are loss reduction methods except
A) wearing old clothes when you do yard work.
B) wearing a seat belt when in a motor vehicle.
C) constructing your home with fire-resistant materials.
D) taking a defensive driving course.
Correct Answer:
Verified
Q21: The most common method of transferring risk
Q22: When you purchase homeowner's insurance, you are
A)
Q23: Self-insurance is another name for
A) risk retention.
B)
Q24: What is the equation for estimating expected,
Q25: Vickie owns a small grocery store. She
Q27: _is the risk of being held legally
Q28: Risk pooling is based on the
A) law
Q29: The price an insurer charges a policyholder
Q30: Which is a characteristic of property risk
Q31: A suicide would be classified as a
A)
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