Warning

Info

LSDefine

Simple English definitions for legal terms

underinsurance

Read a random definition: habitant

A quick definition of underinsurance:

Underinsurance: When you have insurance to protect your things, but the insurance only covers a part of the value of your things. This means that if something happens to your things and they are damaged or lost, you might not get enough money from the insurance to replace them completely.

A more thorough explanation:

Definition: Underinsurance is when an insurance policy only covers a portion of the value of a property, leaving the owner responsible for the remaining amount in the event of damage or loss.

Example: John owns a house worth $500,000, but he only has insurance coverage for $300,000. If his house is damaged in a fire and the repair costs are $400,000, John will have to pay $100,000 out of pocket because his insurance policy only covers up to $300,000.

Explanation: This example illustrates underinsurance because John's insurance policy only covers a portion of the value of his house, leaving him responsible for the remaining amount. In this case, John is underinsured by $200,000, which means he will have to pay that amount out of pocket if his house is damaged or destroyed.

underground recording | underinsured-motorist coverage

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
i heard the group interview is really chill and I'm kinda excited to do it
seems cool
13:14
Yeah, 7sage has a page that talks about the questions for each schools interview, GULC's seems unique
13:15
Idk how much of an effect it has on admissions chances but should be cool either way
ive heard the conversion rate for gulc group interview is pretty high even moreso if you have the stats
it's hard to say but i've also heard that the group interview is harder to get than the alumni interview. but who really knows tbh
im p sure they don't interview everyone and getting one this early should be a great sign!
13:16
Yeah I've heard the same ab the group interview
13:17
So maybe I'll see you in D.C. a year from now lmao
initiallaw
13:32
Speaking of stat twins kazuyamishima were exact stat twins lol
17:13
Anyone going to the UGA zoom thing on the 22nd?
17:16
My bad, 24th*
Idk, what's it for?
@Law-Guy: How'd you get the Vandy fee waiver?
17:32
What does going ur3 in 3 days mean at Uva 😅
that you will get UR2 in 3 more
17:33
somethings gotta give
I’m new. What’s the UR and UR2?
17:35
I already went ur2. It’s the 3rd status date change
17:35
@RustyWrangler: attend one of their virtual info sessions and they'll send you a fee waiver
@Law-Guy: Awesome, thanks! I'll sign up rn!
i'm not entirely sure
They've recently been sending a lot of interview invites
It means status change?
17:47
Someone said there is a wl/r wave coming but how can that even be predicted 😭
17:48
Where?
Quillinit
17:50
This is obviously not true for UVA. Past years show they don't send any non A results until December
boglue
18:05
this is gonna sound so dumb but what do yall mean when you say date change
18:07
So the date under “application under review” changes with each reader.
boglue
18:08
does anything automatically update on the lsd checker or is that all manual
LSD+ is ad-free, with DMs, discounts, case briefs & more.