Definition of overinsured in English:

overinsured

Syllabification: o·ver·in·sured
Pronunciation: /ˌōvərənˈSHo͝ord
 
/

adjective

Having insurance coverage beyond what is necessary.
More example sentences
  • Japan, the world's second-largest market for insurance, is often called the most overinsured nation.
  • I read an article the other day saying that the majority of Americans are overinsured.
  • However, one evening I was watching a television programme that showed how the vast majority of homeowners are overinsured.

Derivatives

overinsurance

Pronunciation: /-ˈSHo͝orəns/
noun

Definition of overinsured in:

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Pronunciation: dɪˈmɒrəlʌɪz
verb
cause (someone) to lose confidence or hope