underinsure

[uhn-der-in-shoor, -shur]

verb (used with object)

underinsured, underinsuring 

1. to insure for an amount less than the true or replacement value.

   It's risky to underinsure your home.

Other Word Forms

• underinsured adjective

Word History and Origins

Origin of underinsure¹

under- + insure

Example Sentences

In other words, some companies simply tended to underinsure.

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Swanson said vendors who travel between jewelry shows typically underinsure their merchandise because they can’t afford to insure it fully.

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“But if we underinsure, well, that would be the day the music died.”

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The overcharged parties will underinsure, and the undercharged parties will over-insure, perpetuating the problems in our current system.

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