underinsure


underinsure

(ˌʌndərɪnˈʃʊə) vb (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. [1890]
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