Final answer:
Owners of goods can benefit from carrying their own insurance in several ways, including customizable coverage, competitive premiums, direct claims processing, risk mitigation, and continuous coverage. Option a
Step-by-step explanation:
Carrying their own insurance can provide several advantages for owners of goods:
Customizable Coverage: Owners can tailor their insurance policies to meet their specific needs and risks.
Competitive Premiums: Owners can compare different insurance providers to find the best rates and coverage options.
Direct Claims Processing: Owners can directly file claims with their insurance provider, making the process faster and more efficient.
Risk Mitigation: Insurance can help protect owners from financial loss in the event of accidents, theft, or damage to their goods.
Continuous Coverage: With their own insurance, owners can ensure that their goods are always protected, even when transporting or storing them. Option a