overinsure Definition
to insure for an amount greater than the value of the property or risk being insured.
Using overinsure: Examples
Take a moment to familiarize yourself with how "overinsure" can be used in various situations through the following examples!
Example
It is not advisable to overinsure your car.
Example
If you overinsure your house, you will end up paying higher premiums.
overinsure Synonyms and Antonyms
Synonyms for overinsure
- overprotect
- oversecure
- overassure
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Summary: overinsure in Brief
'Overinsure' [oh-ver-in-shoor] means to insure for an amount greater than the value of the property or risk being insured. It is not recommended to overinsure as it results in higher premiums. An example sentence is 'If you overinsure your house, you will end up paying higher premiums.'
