It depends how much lower you are.
If you are very low, then adding more grain/extract is a reasonable plan of attack. If it's just a few points, and you are REALLY worried about it anyway (I usually don't worry so much) then you have alternative solutions:
1. MAKE SURE that you have extracted all the good wort from your mash. If you are doing a fly sparge, then you probably have already done this, and can move on to #2. If you are batch sparging (or BIAB) then you can probably collect more runnings to help fix the issue. When I do BIAB, after I pull out the bag, I let it continue to drip into an extra bucket while the wort is coming to a boil. When I use a cooler MLT, I do the same thing--I keep the valve open and let it drip into a spare bucket with the MLT tilted at an angle to get the liquid moving towards the valve. Usually this will collect another quart or so of sweet wort, that I then add to the kettle as the boil is just about to start. This by itself usually improves the gravity situation by a couple of points.
2. If I am still a bit low, I just let the boil go a bit longer to reduce volume a bit. I anticipate this at the beginning of the boil, so I can adjust my hops additions as necessary, and then I double-check my current volume and gravity about 30 minutes into the boil with a refractometer, to make sure I am on target with my adjustments.