underinsure

[ uhn-der-in-shoo r, -shur ]
/ ˌʌn dər ɪnˈʃʊər, -ˈʃɜr /

verb (used with object), un·der·in·sured, un·der·in·sur·ing.

to insure for an amount less than the true or replacement value: It's risky to underinsure your home.

Origin of underinsure

Related forms

un·der·in·sured, adjective
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019