adjective
- able to be covered by insurance; meeting the requirements for insurance coverage
Examples
- The house was deemed insurable after the safety inspection.
- Young drivers may find it difficult to get insurable rates.
- The antique car was still insurable despite its age.
- Pre-existing conditions can make someone less insurable.
- The business needed to prove it was insurable before getting a loan.
- Flood-prone areas are often not insurable by standard policies.