What is an insurance policy endorsement?
An insurance policy endorsement is an attachment to an existing insurance policy that adds or changes the coverage, terms, or conditions of the policy. With an endorsement, an insurance policyholder can add or remove coverage from the original policy and make the policy more tailored to their needs. In the state of Washington, endorsements are regulated and must be in writing and attached to the policy. There are many types of endorsements available, depending on the type of policy. Common endorsements include changes to deductibles, insureds, and covered property. It is important for policyholders to understand the different endorsements so they know how the changes can affect their coverage. Additionally, endorsements can be added or removed at any time during the policy period, but they must be in writing and attached to the policy. Endorsements are essential for policyholders to make sure they are fully covered in the event of an accident or loss. It is important to keep track of any changes made to the policy, as they can have an impact on the coverage terms and conditions.
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