EVERFI Module 7 Insurance Questions and Answers 100% pass Wearing a seat belt, not texting when driving, and driving carefully are all examples of risk management strategies. Which is not an example of a risk management strategy? Buying a new car What should you NOT use a loan to purchase? Airline tickets to your dream vacation How is having a security system for your home a risk management strategy? The security system will alert authorities and deter criminals, protecting your valuables and property.Buying a home security system is an example of protecting your home against________. risk Something people buy to protect themselves from losing a lot of money in the event something happens to them or their property is known as insurance. What do people purchase as a form of risk management to protect themselves from losing a lot of money in the event something happens to them or their property? Insurance How can insurance protect you from financial loss? Insurance can cover you or your property in case of an accident, theft, or another unpredictable event.Why should you purchase insurance? To prevent financial burden in the case of an accident, theft, or another event When filing an insurance claim,