When Morty leased his new car, he was required by law to to of financial loss caused by a vehicle collision.

purchase insurance; reduce the risk

Explanation:

When Morty leased his new car he was forced by law to buy insurance in order to minimize the possibility of financial damage incurred by a collision with a vehicle.

If you rent a car, the contract specifies you are liable for any damage to the vehicle, irrespective of how the damage was caused. And, before you leave the rental car lot, you have to check it very carefully, note any harm on the form they send you, and make sure that you have a copy for yourself.

Purchase insurance; Reduce the risk is the correct answer to this question.

Explanation:

Insurance policy is a contract, expressed by a policy, where an insurance provider gives an individual or institution economic individual or entity receives financial. The business shares liabilities for consumers in order to make premiums more manageable for the insured.

Risk reduction steps to reduce loss frequency or extent, also known as regulation of losses. Can include engineering, fire safety, security checks, or the management of claims.