Michael is a college senior who is majoring in marketing $.$ He owns a high $-$ mileage $2005$ Ford that has a current mar$-$ ket value of $$2,500.$ The current replacement value of his clothes $,$ television $,$ stereo $,$ cell phone $,$ and other personal property in a rented apartment totals $$10,000.$ He uses disposable contact lenses, which cost $$200$ for a six$-$month supply. He also has a waterbed in his rented apartment has leaked in the past. An avid runner $,$ Michael runs five miles daily in a nearby public park that has the reputa$-$ tion of being extremely dangerous because of drug dealers $,$ numerous assaults and muggings $,$ and drive $-$by shootings Michael's parents both work to help him pay his tuition For each of the following risks or loss exposures $,$identify an appropriate risk management technique that could have been used to deal with the exposure Explain your answer $.$