underinsurer

Definition of "underinsurer"
  1. An entity that offers insurance coverage which may not fully cover the cost of a potential loss or liability
How to use "underinsurer" in a sentence
  1. The claimant realized too late that the underinsurer would not fully cover the reparation costs.
  2. The underinsurer's policy did not fully reimburse the client for the loss suffered in the fire.
  3. There is a high risk involved when placing one's trust in an underinsurer.

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