underinsure


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underinsure

(ˌʌndərɪnˈʃʊə)
vb
(Insurance) to provide with inadequate insurance to cover the cost of a loss
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

un•der•in•sure

(ˌʌn dər ɪnˈʃʊər, -ˈʃɜr)

v.t. -sured, -sur•ing.
to insure for an amount less than the true or replacement value.
[1890]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
Translations

underinsure

[ˌʌndərɪnˈʃʊəʳ] VTasegurar por debajo del valor real
to be underinsuredestar infraasegurado
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005
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References in periodicals archive ?
Around the UK, the areas most likely to underinsure were the East and West Midlands (32 per cent), Yorkshire and the Humber, Wales and the West of England (29 per cent).
As a result of the lack of available coverage or very limited coverage for the quoted prices, building owners have been forced to underinsure or "go bare" by self-insuring for terrorist risks, because the capacity they require is just not available in the current market.