Co`in*sur"ance (?), n. [Co- +
insurance.] Insurance jointly with another or others;
specif., that system of fire insurance in which the insurer is treated
as insuring himself to the extent of that part of the risk not covered
by his policy, so that any loss is apportioned between him and the
insurance company on the principle of average, as in marine insurance
or between other insurers.
Co`in*sur"ance (?), n. [Co- +
insurance.] Insurance jointly with another or others;
specif., that system of fire insurance in which the insurer is treated
as insuring himself to the extent of that part of the risk not covered
by his policy, so that any loss is apportioned between him and the
insurance company on the principle of average, as in marine insurance
or between other insurers.