Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- verb transitive To
insure for too great a value.
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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One answer he suggests that is consistent with the evidence is that, because we are terrified of and don't want to think about death, there are some things we prefer to overinsure or lay off responsibility for.
Austan Goolsbee on Health Care, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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If people often overinsure against small losses, they underinsure against big ones.
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If people often overinsure against small losses, they underinsure against big ones.
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Anticipating criticism that he is making too big a change away from things that the Pentagon has traditionally LOVED spending money on, Mr. Gates said this: 'Every defense dollar spent to to overinsure against a remote or diminishing risk ... is a dollar not available to take care of our people.' ...
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It is important to remember that every Defense dollar spent to overinsure against a remote or diminishing risk or, in effect, to run up the score in capability where the United States is already dominant is a dollar not available to take care of our people, reset the force, win the wars we are in, and improve capabilities in areas where we are underinvested and potentially vulnerable.
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Had I bought a Tiffany lamp back then, it would probably have been lost in the tragic moving-truck episode of 1979, along with a Saul Steinberg drawing that was the only valuable thing I owned at the time and which, naturally, I had failed to insure, thus causing me to make a New Year's resolution in 1980 to overinsure everything forever, something I always forget to do.
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Consumers still have a penchant to overinsure, and most policies still provide catastrophic coverage.
Markets and Majorities Steven M. Sheffrin 1993
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Anticipating criticism that he is making too big a change away from things that the Pentagon has traditionally LOVED spending money on, Mr. Gates said this: 'Every defense dollar spent to to overinsure against a remote or diminishing risk ... is a dollar not available to take care of our people.' ...
GlobalResearch.ca 2009
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"It is important to remember that every defense dollar spent to overinsure against a remote or diminishing risk, or in effect to run up the score" is a dollar that might otherwise be spent on troops or winning the wars we are in, Gates said yesterday.
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Anticipating criticism that he is making too big a change away from things that the Pentagon has traditionally LOVED spending money on, Mr. Gates said this: 'Every defense dollar spent to to overinsure against a remote or diminishing risk ... is a dollar not available to take care of our people.' ...
GlobalResearch.ca 2009
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