Home Insurance Glossary - Underinsurance

The Definition of "Underinsurance" is:

The result of the policyholder's failure to buy sufficient insurance. An under insured policyholder may only receive part of the cost of replacing or repairing damaged items covered in the policy.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Umbrella Policy

Unbundled Contracts

Unclaimed Life Insurance Benefits

Underinsurance

Underwriting Income

Underwriting

Unearned Premium

Uninsurable Risk

Uninsured Motorists Coverage

Universal Life Insurance

Utilization Review.

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