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Insure vs Underinsure - What's the difference?

insure | underinsure |

As verbs the difference between insure and underinsure

is that insure is to provide for compensation if some specified risk occurs often agreed by policy (contract) to offer financial compensation in case of an accident, theft or other undesirable event while underinsure is to insure insufficiently.

insure

English

Verb

  • To provide for compensation if some specified risk occurs. Often agreed by policy (contract) to offer financial compensation in case of an accident, theft or other undesirable event.
    • I'm not insured against burglary.
  • To deal in such contracts; subscribe to a policy of insurance
  • (chiefly, US) : To make sure or certain of; guarantee.
  • * 1787 , ,
    • ''We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.
  • : To give confidence in the trustworthiness of.
    • He insured me that there would be no further delays.

    Usage notes

    * (provide for compensation) Note that both the person taking out insurance and the company with whom the policy is taken are said to insure the risk.

    Derived terms

    * insurance * insurer * reinsure

    Related terms

    * insurant * assure * ensure

    See also

    * inshore

    Anagrams

    *

    underinsure

    English

    Verb

    (underinsur)
  • To insure insufficiently.
    • Since the house was underinsured , we couldn't afford to replace most of the furniture after the fire.

    Related terms

    * underinsurance