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What do people purchase as a form of risk management to protect themselves from losing a lot of money in the event something happens to them or their property? 1. Deductibles 2.…

What do people purchase as a form of risk management to protect themselves from losing a lot of money in the event something happens to them or their property? 1. Deductibles 2.…
asked 68.7k views
4 votes
What do people purchase as a form of risk management to protect themselves from losing a lot of money in the event something happens to them or their property?

1. Deductibles
2. Liability
3. Warranty
4. Insurance

asked
User Belma
by
8.0k points

2 Answers

5 votes
answer: they purchase insurance
explanation: insurance is something you have so that if anything goes wrong with your property you will not lose money.
answered
User Ventero
by
8.7k points
13 votes
They purchase insurance.
answered
User Hoang Subin
by
8.0k points
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