Commercial Insurance

What are the different types of endorsement?

Top Answer
User Avatar
Wiki User
Answered 2010-10-01 14:41:35

An insurance endorsement (also known as a rider) is a document that is attached to an insurance policy which changes the coverage provided through that policy.

There are many different types of endorsements based on what kind of insurance that you are modifying. Some standard endorsements for the three (3) key insurance types are as follows:


* Customization endorsement (covers mods to vehicle)

* Out of country (Canada/Mexico) endorsement (covers travel across North America)

* Rental car endorsement (covers a rental car in the event of an accident that disables the car)


* Flood endorsement (covers all types of floods beyond the basic puddle of water in the basement)

* Valuable objects endorsement (covers objects/items that are of higher value)

* Identity endorsement (covers various levels of identity theft and the cost to combat them)


* Premium pay-back endorsement (for term policies that are not used, the policyholder gets back all of their premiums)

* Extended limb endorsement(s) (covers arms, legs, eyes, and other limb injuries at higher-than-standard rates)

* Co-death endorsement (covers those that may die with the policy holder at the same time, generally for low coverage amounts)

User Avatar

Your Answer

Still Have Questions?

Related Questions

What three types of endorsements for checks?

Open endorsement, special endorsement, restricted endorsement.

Types of endorsement?

there are six types of endorsement 1.blank 2.full 3.Restrictive 4.Partial 5.Conditional 6.facultative

What is a restrictive endorsement when used in reference to checking accounts?

A restrictive endorsement is something written on the endorsement area on the bank of a check that disallows certain types of negotiation. Usually, a restrictive endorsement is "for deposit only," which means the check can no longer be cashed.

What is a pride endorsement on your homeowners coverage?

A pride endorsement is a strangely-named additional policy, usually for condominiums, that covers certain types of water damage.

What is the different of pure and qualified endorsement in banking categories?

Please help me find the answer. The definition of pure, simple and qualified endorsement? Thanks

What is Endorsement essentials and kinds of endorsement?

Endorsement is a legal writing that refers to the signing of a document for the purpose of a negotiable transfer from one party to another. Five kinds of endorsement are: Endorsement in blank, Special endorsement, Conditional endorsement, Qualified endorsement, Restrictive endorsement.

What type of thermometer would you use in antarctica?

Your answer depends on the subject being measured. Out of doors, one would choose an instrument that survives in the extreme cold, and delivers data in the measuring system required. Without endorsement, you can review the different types of thermometers below:

What is an endorsement?

they can be either a special endorsement or a restrictive endorsement

The different types of eruptions that result from different types of lava?

different types of lava fragments

Are there different types of fish gills?

yes there are different types of gills in different types of fishes.

Is an endorsement in full also called a special endorsement?

special endorsement

What are the different products we get from different types of trees?

different products we get from different types of trees

Information about different types of houses?

different types

What are the different types of recipe?

What are the different types of recipe?

What are the different types of mainframe systems?

what are some different types of managerial careers

What is the antonym for 'endorsement'?


How many different types of sharks are there in the Farallons?

There are 15 types of different types of sharks.

How many different types of tea are there?

10000000000000000 different types

How many different types of spiders are there?

there are about 40,00 different types

What are the different types of liquids?

stones are different types of solids

Different types of travel writing?

different types of ali

Are there different types of condors?

Yes there are different types of condors

Different types of meerkats?

There are 35 different types of meerkats

Different types of breads?

800 different types of breads

What are the different types of arithmetic operators?

+,-,*,/,% are the different types of operators.

Still have questions?