An insurance endorsement (also known as a rider) is a document that is attached to a particular insurance policy which modifies or changes the coverage represented by that policy.
For example, most renter's insurance policies generically cover standard items at depreciated replacement value up to a particular total, largely based on the size of the domicile. One might have the insurance company add an endorsement to cover full replacement value in the event of a loss (which will result in an increased premium). One might also have valuable objects (e.g., engagement ring) that would not ordinarily covered in full by the policy, so a rider may be added in order to cover that particular object (again, likely resulting in an increased premium).
endorsements are simple exclusions arent.
You might have endorsements if you have specific licenses that require endorsements. For example, a commercial trucking license might have a weight endorsement.
Contact the party that issued the insurance policy for this answer.
Insurance answer for A+LS
Yes, An insurance policy is a legal contract of indemnity. Amendments and endorsements are changes that become a part of that contract.
If the check was credited and you have not heard from bank then there should be no problem.
Your Insurance Company is required by law to provide a copy of insurance policy at renewal time to your mortgage company and to notify them of any endorsements or changes in coverage. They may Notice it if they review your policy.
It depends on what state you live in and what exact policy you have. Some policies in certain states will cover this, others will not. You will have to refer to your specific policy and its endorsements. There are hundreds of variations on homeowners policies and endorsements between states and insurance companies..
The auto insurance is an example of the Merit rating insurance.
Endorsements are revisions to the original insurance policy agreement. Also known as riders, endorsement revisions often times are used to change deductible amounts or possibly to bring an additional vehicle into an existing auto insurance coverage program.
is insurance premiums for fire insurance an example of variable cost?
Nearly every major auto insurance company can give you a multi car insurance policy. All State, State Farm Insurance, for example. Geico has been advertising a lot for multi car discounts.