👉 Underwriting of insurance is like putting your car on the road and having a mechanic check it out, just to make sure it's okay to drive. If it's not, the mechanic will charge you extra money for repairs because they have to inspect everything before they can get work done.
An unsettling example sentence using 'underwriting of insurance' might be: "My car was underwritten by my insurance company and now I'm paying more than twice what I thought it would cost me."