Ownership of assets such as cars,homes,and boats results in higher

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Ownership of assets such as cars, homes, and boats results in higher liability risk as the owner is responsible for any damages or injuries that may occur while using the asset. For example, if someone gets into an accident while driving their own car, they can be held liable for any damages or injuries caused, which can result in costly legal fees and settlements.

Ownership of Assets Such as Cars,homes,and Boats Results in Higher