insuranceestimate
nounUK /ɪnˈʃʊərəns ˈɛstɪmət/
US /ɪnˈʃʊrəns ˈɛstɪmət/
A guess about how much money you will pay for insurance.
The insuranceestimate showed that car insurance would cost two hundred dollars a month.
RELATED WORDS
OTHER MEANINGS
2. A rough calculation of what an insurance company will pay for a claim.
After the storm, the insuranceestimate for the damaged roof was ten thousand dollars.
3. An approximate figure used to plan a budget for insurance costs.
We used an insuranceestimate to decide how much to save each month.
4. A preliminary number given before a final insurance price is set.
The agent gave us an insuranceestimate while we compared different plans.