Burglary and theft exposure


Andrew owns a gun shop in a high crime rate area. The store does not have a camera surveillance system. The high cost of burglary and theft insurance has substantially reduced his profits. A risk management consultant points out that several methods other than insurance can be used to handle the burglary and theft exposure. Identify and explain two noninsurance methods that could be used to deal with the burglary and theft exposure.

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Burglary and theft exposure
Reference No:- TGS041994

Expected delivery within 24 Hours