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underinsure

[uhn-der-in-shoo r, -shur] /ˌʌn dər ɪnˈʃʊər, -ˈʃɜr/
verb (used with object), underinsured, underinsuring.
1.
to insure for an amount less than the true or replacement value:
It's risky to underinsure your home.
Origin
Related forms
underinsured, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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