What is an example of risk avoidance?

Risk avoidance involves taking steps to completely eliminate exposure to a particular risk. In this case, choosing not to drive the car at all is a prime example of risk avoidance because it completely removes the risk associated with driving, such as accidents, injuries, and vehicle damage. By not engaging in the activity of driving, an individual effectively eliminates the potential risks tied to it.

The other options illustrate different strategies related to risk management but do not constitute risk avoidance. For instance, wearing a seatbelt while driving is a method of risk reduction; it does not eliminate the act of driving itself, which inherently carries risk. Purchasing car insurance represents risk transfer, as it shifts the financial burden of a potential loss from the individual to the insurance company. Lastly, reducing speed limits can be seen as improving safety, which aims to minimize risk but does not remove the act of driving or the associated risks entirely.