underinsured

British  

/ ˌʌndərɪnˈʃʊəd /

adjective

1. not having enough insurance to cover the cost of a loss

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Example Sentences

That was the passage of SB 371, a measure that cut Uber’s legally required insurance coverage when its drivers and passengers are injured in accidents caused by uninsured or underinsured motorists from $1 million per event to a mere $60,000 per person and $300,000 per incident.

From Los Angeles Times

Click responded that the law specifically covered only the uninsured and underinsured motorist coverage that only the ride-sharing companies have to carry.

From Los Angeles Times

The initiative contradicts Uber’s own recent legislative victory—Senate Bill 371, which reduced Uber’s required insurance coverage for passengers injured by uninsured or underinsured motorists from $1 million to $60,000 per person and $300,000 per incident.

From Los Angeles Times

"I know that I'm way better off than a lot of people who were underinsured."

From Barron's

He was underinsured, he said, and insurance hadn’t finished updating its new estimate since his house had been renovated a year before.

From Los Angeles Times