Auto Insurance Endorsements

Personal Auto Insurance Policy Endorsements

Any time the broad coverage's supplied by personal auto insurance policy isn't sufficient, further coverage's can be met by including an endorsement to your personal auto insurance policy. This information will talk about some of the endorsements that can be added to you personal auto insurance policy. To make certain all the endorsement mentioned in this article pertains to your own policy contact your professional licensed insurance agent.

Personal Auto Insurance Policy - Joint Ownership Coverage Endorsement: This endorsement enables the personal auto insurance policy to be issued to two or more individuals living in the same household or two or more individuals who are related in another way besides being spouses.

Personal Auto Insurance Policy - Towing and Labor Costs Endorsement: This endorsement reimburses the insured regarding the cost of having a vehicle towed. Coverage limits vary and combine towing and labor cost for each time a covered automobile is disabled. Labor has to be executed at the location of disablement; work done after vehicle has been taken to a garage is not covered.

Personal Auto Insurance Policy - Miscellaneous Type Vehicle Endorsement: This endorsement allows motorcycles, mopeds, and recreational vehicles such as motor homes and golf carts, to be combined with personal auto insurance policies.

Personal Auto Insurance Policy - Extended Nonowned Coverage Endorsement: The purpose of this endorsement is to expand the policy holders present personal auto insurance policy protection for both driver and family members to nonowned auto's which the policy holder and family member may drive temporarily. Such as when the covered is out of service and a rental auto is necessary. Part D of the personal auto insurance policy pays up to $20 per day to a maximum of $600 for transportation expenses.

Personal Auto Insurance Policy - Optional Limits Transportation Expenses Coverage Endorsement: Enables the insured to choose the daily and maximum limits of coverage provided for transportation as well as loss of use expenses for scheduled and nonowned autos. The limits selected are shown in the declarations of the personal auto insurance policy.

Personal Auto Insurance Policy - Excess Electronic Equipment Endorsement: This particular endorsement provides two types of protection. One, it gives increase coverage to the limits of the personal auto insurance policy for all electrical equipment that is permanently installed in areas of the auto not typically used for installing this equipment, i.e. the trunk. And two, provides coverage to tapes, records, and disks used with electronic media.

Personal Auto Insurance Policy - Named Nonowner Coverage Endorsement: This endorsement may be issued to an individual who does not own an automobile but drives lent or rented autos. It might be utilized to provide protection for a personal who drives a corporate-owned auto furnished by his use by an employer. Even though the individual would have coverage while driving the company car under the company's auto insurance policy there would be no coverage for any other auto the insured may regularly or occasionally drive. This endorsement to the personal auto insurance policy provides such coverage.

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