Underinsuring - definition of underinsuring by The Free Dictionary
underinsure (redirected from underinsuring)
(Insurance) to provide with inadequate insurance to cover the cost of a loss
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.
References in periodicals archive
A PRIVATE PROPERTY Edward's case highlights the importance of considering carefully the question: "What is the rebuild cost of your property.
Maria Donald, of Zurich Insurance, said: 'Being burgled or suffering a fire or flood in your home is stressful enough, without having the extra headache of underinsuring