under-insured

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Definitions from the Web

Under-insured

Part of speech: Adjective

Sense 1: Having inadequate or insufficient insurance coverage.

Usage examples:

Many people often realize they are under-insured only after experiencing a major accident.
It is crucial to assess your insurance needs regularly to avoid being under-insured in unexpected situations.
The under-insured driver couldn't afford the full cost of the damages caused in the collision.

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