insurance
1 of 2noun
in·sur·ance in-ˈshu̇r-ən(t)s 
-ˈshər-,
also
ˈin-ˌshu̇r- -ˌshər-
1
a
: coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril
b
: the business of insuring persons or property
c
: the sum for which something is insured
2
: a means of guaranteeing protection or safety
The contract is your insurance against price changes.
Frequent hand washing is good insurance against the common cold.
3
gambling : a side bet that a player in blackjack may place when the dealer's first faceup card is an ace
Note: An insurance bet can be up to half of a player's original bet. It wins at 2 to 1 odds if the dealer's cards add up to 21.
insurance
2 of 2adjective
: being a score that adds to a team's lead and makes it impossible for the opposing team to tie the game with its next score
an insurance run
Example Sentences
Noun insurance against theft or damage She has a job in insurance. I work for an insurance company.
Recent Examples on the Web
Laura Daily, Washington Post, 13 Sep. 2022 Vision insurance does not cover any of these treatments. Sarah Zhang, The Atlantic, 13 Sep. 2022 Motor vehicle insurance went up by 1.3% in August on a monthly basis, matching its sharp rise in July, and was up 8.7% over the past year. Gabriel T. Rubin, WSJ, 13 Sep. 2022 Von Harris, 52, and Demarkco Johnson, 28, were indicted Friday on multiple counts each of bribery and tampering with records, and one count of insurance fraud. Cliff Pinckard, cleveland, 12 Sep. 2022 Such diagnostic codes provide the basis for determining which procedures, such as electrolysis or surgery, insurance will cover. Los Angeles Times, 12 Sep. 2022 The share who lack health insurance fell by about two-thirds, mostly because of expansions of Medicaid and other government insurance. Jason Deparle, BostonGlobe.com, 11 Sep. 2022 The Astros added an insurance run in the eighth when McCormick drew a bases-loaded walk off José Marte. Kristie Rieken, Chron, 10 Sep. 2022 The fire insurance bill Richards paid monthly kept the threat front and center. Jordan Parker, San Francisco Chronicle, 10 Sep. 2022 Paul R. La Monica, CNN, 30 Apr. 2022 Currently, Abel is responsible for Berkshire’s two largest operating companies, Berkshire Hathaway Energy and BNSF Railroad, as well as an assortment of relatively smaller and successful non-insurance companies. Laura Rittenhouse, Forbes, 5 May 2021 Further, the gradual improvement in the economic conditions will likely boost both the total premiums and the non-insurance revenues. Trefis Team, Forbes, 24 Sep. 2021 Buffett will be joined by Greg Abel, the company's vice chairman of non-insurance operations. Paul R. La Monica, CNN, 9 Aug. 2021 All of Berkshire's non-insurance businesses reported $7.25 billion in operating earnings, up from $5.69 billion a year ago. Josh Funk, ajc, 6 Nov. 2021 Here Vice Chairman Greg Abel, who is in charge of the company’s non-insurance businesses, was a breath of fresh air. Robert G. Eccles, Forbes, 5 May 2021 In 2018, Abel was named vice chairman and put in charge of the company's non-insurance businesses. CBS News, 3 May 2021 Abel, who previously led Berkshire’s sprawling energy empire, was picked to oversee all the non-insurance businesses, while Jain ran the insurers. Warren Buffett, Fortune, 3 May 2021 See More
Noun
Martin says inspectors should carry a minimum of $1 million in general liability insurance in case they are found at fault. Laura Daily, Washington Post, 13 Sep. 2022 Vision insurance does not cover any of these treatments. Sarah Zhang, The Atlantic, 13 Sep. 2022 Motor vehicle insurance went up by 1.3% in August on a monthly basis, matching its sharp rise in July, and was up 8.7% over the past year. Gabriel T. Rubin, WSJ, 13 Sep. 2022 Von Harris, 52, and Demarkco Johnson, 28, were indicted Friday on multiple counts each of bribery and tampering with records, and one count of insurance fraud. Cliff Pinckard, cleveland, 12 Sep. 2022 Such diagnostic codes provide the basis for determining which procedures, such as electrolysis or surgery, insurance will cover. Los Angeles Times, 12 Sep. 2022 The share who lack health insurance fell by about two-thirds, mostly because of expansions of Medicaid and other government insurance. Jason Deparle, BostonGlobe.com, 11 Sep. 2022 The Astros added an insurance run in the eighth when McCormick drew a bases-loaded walk off José Marte. Kristie Rieken, Chron, 10 Sep. 2022 The fire insurance bill Richards paid monthly kept the threat front and center. Jordan Parker, San Francisco Chronicle, 10 Sep. 2022 Adjective
Buffett announced last year that vice chairman Greg Abel, who oversees Berkshire's energy, consumer and other non-insurance businesses, will eventually take over as Berkshire CEO. Paul R. La Monica, CNN, 30 Apr. 2022 Currently, Abel is responsible for Berkshire’s two largest operating companies, Berkshire Hathaway Energy and BNSF Railroad, as well as an assortment of relatively smaller and successful non-insurance companies. Laura Rittenhouse, Forbes, 5 May 2021 Further, the gradual improvement in the economic conditions will likely boost both the total premiums and the non-insurance revenues. Trefis Team, Forbes, 24 Sep. 2021 Buffett will be joined by Greg Abel, the company's vice chairman of non-insurance operations. Paul R. La Monica, CNN, 9 Aug. 2021 All of Berkshire's non-insurance businesses reported $7.25 billion in operating earnings, up from $5.69 billion a year ago. Josh Funk, ajc, 6 Nov. 2021 Here Vice Chairman Greg Abel, who is in charge of the company’s non-insurance businesses, was a breath of fresh air. Robert G. Eccles, Forbes, 5 May 2021 In 2018, Abel was named vice chairman and put in charge of the company's non-insurance businesses. CBS News, 3 May 2021 Abel, who previously led Berkshire’s sprawling energy empire, was picked to oversee all the non-insurance businesses, while Jain ran the insurers. Warren Buffett, Fortune, 3 May 2021 See More Word History
First Known Use
Noun
1651, in the meaning defined at sense 1b
Adjective
1954, in the meaning defined above
Phrases Containing insurance
Kids Definition
insurance
noun
in·sur·ance in-ˈshu̇r-əns
1
: an agreement by which a person pays a company and the company promises to pay money if the person becomes injured or dies or to pay for the value of property lost or damaged
2
: the amount for which something is insured
3
: the business of insuring persons or property
Legal Definition
insurance
noun
in·sur·ance in-ˈshu̇r-əns, ˈin-ˌshu̇r-
1
: the action, process, or means of insuring or the state of being insured usually against loss or damage by a contingent event (as death, fire, accident, or sickness)
2
a
: the business of insuring persons or property
b
: coverage by contract whereby for an agreed payment one party agrees to indemnify or guarantee another against loss by a specified contingency or peril
c
: the principles and practice of the business of insuring
3
: the sum for which something is insured
insurances
noun
as in contracts
a formal contract promising payment if injury, damage, or loss occurs They purchased their home and car insurance through the same company. Synonyms & Similar Words
Relevance
- contracts
- securities
- guarantees
- deals
- deposits
- bonds
- assurances
- warranties
- indemnities
- seals
- treaties
- compacts
- oaths
- vows
- damages
- guaranties
- covenants
- sureties
- compensations
- reimbursements
- bargains
- pacts
- pledges
- accords
- satisfactions
- adjustments
- repayments
- reparations
- settlements
- pawns
- remunerations
- conventions
- reprisals
- restitutions
- refunds
- concordats
- recoupments
- indemnifications
- recompenses
- punitive damages
- amends
- words
- expiations
- bails
- atonements
- punishments
- quittances
- solatia
- troths
- redresses
- requitals
- retaliations
