Self-insurance makes more sense for firms that operate one large facility than it does for firms with facilities scattered all over the country.

Question

Quizplus · Accepted Answer

Self-insurance can be more advantageous for firms with facilities scattered across the country because it allows them to pool risks across a wider geographic area, potentially reducing the impact of a localized disaster on the overall financial health of the company.

Self-Insurance Makes More Sense for Firms That Operate One Large