Outrageously Funny Word Dictionary :: Underinsured

👉 Underinsured is a situation where an individual or organization has not met their insurance coverage requirements, leading to financial losses. This can occur when an insured party does not have enough funds on hand to cover all costs of damages caused by damage to property or injuries sustained during a claim. In the case of underinsured parties, they may be required to pay for any claims that are made against them due to their lack of insurance coverage. This can lead to financial hardship and stress on individuals who do

underinsured