Dictionary
co•in•sur•ance
Pronunciation: (kō"in-shoor'uns, -shûr'-), [key]—
n.
1. insurance underwritten jointly with another or others.
2. a form of property insurance in which an insurer assumes liability only for that proportion of a loss which the amount of insurance bears to a specified percentage of the value of the property.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.