Principles of Risk Management and Insurance, 13th Edition

Endorsements to a Homeowners Policy

Some property owners have special needs or desire broader coverage than that provided by a standard homeowners policy. Numerous endorsements can be added to a homeowners policy to meet individual needs, including the following:

• Inflation guard endorsement

• Earthquake endorsement

• Personal property replacement cost loss settlement endorsement

• Scheduled personal property endorsement (with agreed value loss settlement)

• Personal injury endorsement

• Watercraft endorsement

• Home business insurance coverage endorsement

• Identity theft endorsement

Inflation Guard Endorsement

Many homeowners are underinsured because inflation has increased the replacement cost of their home. If a property loss occurs and you do not carry ...