self-insure
[ self-in-shoo r, self- ]
/ ˈsɛlf ɪnˈʃʊər, ˌsɛlf- /
verb (used with object), self-in·sured, self-in·sur·ing.
to subject (one's property or interests) to self-insurance.
verb (used without object), self-in·sured, self-in·sur·ing.
to insure with self-insurance.
Origin of self-insure
First recorded in 1930–35