If one can handle the loss, don't buy insurance. In a way,
buy insurance is gambling. It is a bet against yourself because you "win" only if bad thing happens.
Therefore all the efforts you put to reduce risk doesn't
benefit you (may be reduce your future premium).
buy insurance is gambling. It is a bet against yourself because you "win" only if bad thing happens.
Therefore all the efforts you put to reduce risk doesn't
benefit you (may be reduce your future premium).