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Guarantee vs. Insure — What's the Difference?

Guarantee vs. Insure — What's the Difference?

Difference Between Guarantee and Insure

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Guarantee

Guarantee is a legal term more comprehensive and of higher import than either warranty or "security". It most commonly designates a private transaction by means of which one person, to obtain some trust, confidence or credit for another, engages to be answerable for him.

Insure

To provide or arrange insurance for
A company that insures homeowners and businesses.

Guarantee

A formal assurance (typically in writing) that certain conditions will be fulfilled, especially that a product will be repaired or replaced if not of a specified quality
The treaty provides a guarantee of free trade
We offer a 10-year guarantee against rusting

Insure

To acquire or have insurance for
Insured herself against losses.
Insured his car for theft.

Guarantee

An undertaking to answer for the payment or performance of another person's debt or obligation in the event of a default by the person primarily responsible for it.
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Insure

To make sure, certain, or secure. See Usage Note at assure.

Guarantee

Provide a formal assurance, especially that certain conditions will be fulfilled relating to a product, service, or transaction
The company guarantees to refund your money

Insure

To buy or sell insurance.

Guarantee

Promise with certainty
No one can guarantee a profit on stocks and shares

Insure

(transitive) To provide for compensation if some specified risk occurs. Often agreed by policy (contract) to offer financial compensation in case of an accident, theft or other undesirable event.
I'm not insured against burglary.

Guarantee

Something that assures a particular outcome or condition
Lack of interest is a guarantee of failure.

Insure

(intransitive) To deal in such contracts; subscribe to a policy of insurance

Guarantee

A promise or assurance, especially one given in writing, that attests to the quality or durability of a product or service.

Insure

Alternative spelling of ensure; to make sure or certain of; guarantee.

Guarantee

A pledge that something will be performed in a specified manner.

Insure

To make sure or secure; as, to insure safety to any one.

Guarantee

A guarantor.

Insure

Specifically, to secure against a loss by a contingent event, on certain stipulated conditions, or at a given rate or premium; to give or to take an insurance on or for; as, a merchant insures his ship or its cargo, or both, against the dangers of the sea; goods and buildings are insured against fire or water; persons are insured against sickness, accident, or death; and sometimes hazardous debts are insured.

Guarantee

A guaranty.

Insure

To underwrite; to make insurance; as, a company insures at three per cent.

Guarantee

To assume responsibility for the debt, default, or miscarriage of.

Insure

Be careful or certain to do something; make certain of something;
He verified that the valves were closed
See that the curtains are closed
Control the quality of the product

Guarantee

To assume responsibility for the quality or performance of
Guarantee a product.

Insure

Make certain of;
This nest egg will ensure a nice retirement for us
Preparation will guarantee success!

Guarantee

To undertake to do, accomplish, or ensure (something) for another
Guaranteed to free the captives.
Guarantees freedom of speech.

Insure

Protect by insurance;
The insurance won't cover this

Guarantee

To make certain
The rain guarantees a good crop this year.

Insure

Take out insurance for

Guarantee

To guaranty.

Guarantee

To furnish security for.

Guarantee

To express or declare with conviction
I guarantee that you'll like this book.

Guarantee

Anything that assures a certain outcome.
Can you give me a guarantee that he will be fit for the match?

Guarantee

A legal assurance of something, e.g. a security for the fulfillment of an obligation.

Guarantee

More specifically, a written declaration that a certain product will be fit for a purpose and work correctly; a warranty
The cooker comes with a five-year guarantee.

Guarantee

The person to whom a guarantee is made.

Guarantee

(colloquial) A person who gives such a guarantee; a guarantor.

Guarantee

To give an assurance that something will be done right.

Guarantee

To assume or take responsibility for a debt or other obligation.

Guarantee

To make something certain.
The long sunny days guarantee a good crop.

Guarantee

In law and common usage: A promise to answer for the payment of some debt, or the performance of some duty, in case of the failure of another person, who is, in the first instance, liable to such payment or performance; an engagement which secures or insures another against a contingency; a warranty; a security. Same as Guaranty.
His interest seemed to be a guarantee for his zeal.

Guarantee

One who binds himself to see an undertaking of another performed; a guarantor.

Guarantee

The person to whom a guaranty is made; - the correlative of guarantor.

Guarantee

In law and common usage: to undertake or engage for the payment of (a debt) or the performance of (a duty) by another person; to undertake to secure (a possession, right, claim, etc.) to another against a specified contingency, or in all events; to give a guarantee concerning; to engage, assure, or secure as a thing that may be depended on; to warrant; as, to guarantee the execution of a treaty.
The United States shall guarantee to every State in this Union a republican form of government.

Guarantee

A written assurance that some product or service will be provided or will meet certain specifications

Guarantee

A pledge that something will happen or that something is true;
There is no guarantee that they are not lying

Guarantee

A collateral agreement to answer for the debt of another in case that person defaults

Guarantee

Give surety or assume responsibility;
I vouch for the quality of my products

Guarantee

Make certain of;
This nest egg will ensure a nice retirement for us
Preparation will guarantee success!

Guarantee

Promise to do or accomplish;
Guarantee to free the prisoners

Guarantee

Stand behind and guarantee the quality, accuracy, or condition of;
The dealer warrants all the cars he sells
I warrant this information

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