Definition

The quality or condition that allows something to be covered by insurance, meaning an insurance company is willing to provide a policy for it.

Example

The insurability of the property was assessed before the insurance policy was issued.

Conversation

Hey, have you ever thought about your insurability when getting a new car?

Not really, but I guess it's something I should consider.

Yeah, it can affect how much you pay for insurance.

Good point! I should probably look into it before I buy.

Synonyms & Antonyms

Root Explanation

Insurability is formed from "in-" (meaning not) and "insure" (from Latin "securare", meaning to make safe) combined with the suffix "-ability" (meaning the quality of being able to). The word refers to the quality of being able to be insured or not being insurable.

Memory Tip

Think of 'not' ('in-') being able to 'make safe' ('securare') — that's why insurability refers to the quality of being able to be insured.

Visually Confused Words