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Self-Insurance: What is It?
When should an individual self-insure?
Self-Insurance: How do you fund your own insurance?
Examples of How You Can Use Self-Insurance Before deciding whether or not you should use self-insurance, it helps to know what insurance is all about.
You can save money on insurance premiums by employing a variety of strategies that will assist you in assessing your circumstances and determining whether self-insurance is appropriate for you.
You are self-insured whenever you do not have an insurance policy to cover a risk.
When people have enough money to cover a possible loss, they should self-insure.
If you are unable to completely self-insure, you might want to save up enough for a higher deductible on your auto or home insurance, which will lower your costs.
