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The word for additional coverage is "rider." A rider is an amendment or an add-on to an insurance policy that provides extra benefits or coverage beyond the standard policy terms. Riders can be tailored to meet specific needs, offering enhanced protection for various circumstances.

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3w ago

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Is additional insured the same as insured as used in a business income coverage policy?

An Additional Insured is only used for General Liability coverage. Since Business income is a property coverage, they would not be insured. Also, business income is designed to pay for loss of income to the insured, not lienholders, or contractors they are performing jobs for.


What does an endorsement to homeowners policy mean?

Endorsements are an amendment to the policy form that is designed to either add coverage or reduce coverage. Most of the time it is granting additional coverage for something that you need covered but which is not on the basic form.


What does Additional Living Expense cover in home insurance?

This Additional living expense (ALE) coverage will give you coverage for the costs of your temporary living place that may be hotel, apartment and buildings, etc.For more information you can get more details Express Hotel Housing.


What does the additional interests endorsement cover on a homeowners policy?

It doesn't, Additional interests are where other entities, companies , individuals, lien holders etc, can be listed as co-insureds on your policy. It has no effect on the underlying coverage.


What is an unendorsed dwelling policy?

An unendorsed dwelling policy is a type of insurance coverage that provides protection for residential properties without additional endorsements or modifications. It typically covers the structure of the home itself against specific risks such as fire, theft, and certain natural disasters, but may not include broader coverage options or additional features. This policy is often less comprehensive than endorsed policies, which include additional protections or modifications tailored to the homeowner's needs. As a result, an unendorsed dwelling policy may be more affordable but could leave gaps in coverage.

Related Questions

Test coverage analysis is the process of creating additional test case?

To increase coverage


Does home insurance cover damage to sheds?

IF your policy has coverage for "additional structures" and most do. Then you should have coverage, subject to your deductible of course


What are some common home insurance riders that can provide additional coverage for specific items or events in your policy?

Common home insurance riders include those for jewelry, fine art, earthquake coverage, and water backup coverage. These riders provide additional coverage for specific items or events not typically covered in a standard policy.


How do you abbreviate the word 'coverage'?

There are many times when a person may need to abbreviate a word because of space or other reasons. The word coverage does not have an abbreviated form.


What are some common car insurance riders that can provide additional coverage and protection for your vehicle?

Common car insurance riders that can provide additional coverage and protection for your vehicle include roadside assistance, rental car reimbursement, gap insurance, and comprehensive coverage for things like vandalism or natural disasters.


What is the coverage provided by the damage waiver excess insurance?

The damage waiver excess insurance provides coverage for any additional costs beyond the basic insurance coverage in case of damage to the rented vehicle.


Is additional insured the same as insured as used in a business income coverage policy?

An Additional Insured is only used for General Liability coverage. Since Business income is a property coverage, they would not be insured. Also, business income is designed to pay for loss of income to the insured, not lienholders, or contractors they are performing jobs for.


Does your insurance cover you in your friend's car?

Yes, some of your own automobile insurance can cover you while driving your friends car. The coverage that your friend has on the car will be the primary coverage and then if that coverage is insufficient for the damage caused then you can go to your own policy for additional coverage.


How do you use the word coverage in a sentence?

That bikini does not provide enough coverage. The news agency's coverage of the wildfire was very well done.


What does an endorsement to homeowners policy mean?

Endorsements are an amendment to the policy form that is designed to either add coverage or reduce coverage. Most of the time it is granting additional coverage for something that you need covered but which is not on the basic form.


What does an auto extended warranty cover?

You can get great warranties through bank lenders. You will pay an additional fee, but your car is going to have the additional coverage on it as well.


CAN YOU ADD AN ADDITIONAL INSURED ON A WORKMAN'S COMP POLICY?

No, you typically cannot add an additional insured to a workers' compensation policy. Workers' compensation insurance is designed to cover employees of the policyholder for work-related injuries, and adding an additional insured would not align with the purpose of the coverage. However, contractors or businesses may require subcontractors to provide their own workers' compensation coverage and might request proof of this coverage instead.