eco 110 discussion question answer

Insurance companies willingly take on our risk for a fee. Give an example of a risk that you or someone else has chosen to insure.

How could you use your technology skill and Excel to organize and analyze data and help you decide if a specific insurance is a good value for the example you gave? Think about the cost and consequences of not having insurance versus the cost of the insurance over time.

Please respond to a classmate’s post as well.