Insurance endorsements allow you to make amendments or additions to an existing insurance policy. Endorsements can extend your personal property coverage, personal injury coverage and covered perils.
Endorsements let homeowners customize their coverage to better suit their needs. Here's how:
An Insurance endorsed product represents legal, binding modifications to the original insurance coverage you purchased. Your first policy could include normal damage, such as replacement of a roof during an explosion.
However, loss of expensive personal possessions – like jewelry and furniture – can be excluded. For more security, you can add endorsements.
Homeowner insurance endorsements provide a new level of homeowners insurance coverage as part of the existing coverage.
Homeowners insurance endorsement allows for customization if you have particular assets you want to protect, such as valuable personal belongings.
Insurance endorsements change the coverage of a particular insurance. You can request endorsements to increase your insurance rates, so ask your broker for more information.
A certificate of endorsement adds coverage for an additional party on your liability coverage. This includes any endorsements to the original homeowners insurance policy or other type of policy.
HOBIZ, or Home Business Insurance Coverage, is an optional endorsement for home businesses. Also referred to as a home business endorsement, this amendment allows broad liability and property coverage as part of an existing policy.
Life changes quickly. Having the right coverage and making appropriate changes to your insurance policy can make all the difference. Speak with your local homeowners insurance provider to learn more about endorsements you may need.
With strong connections to her community, Mary-Lou has held fund-raising events for The National Multiple Sclerosis Society, The Kids in Need Foundation and Dress for Success. This sense of personal responsibility extends to her professional life, and she continuously strives to exceed her clients’ expectations, empowering them throughout selling or buying process. "Only a well-informed client is prepared to make the best decisions on their own behalf, so the role of Market Expert is one I take very seriously.” It is this sense of personal accountability that drives Mary-Lou; keeping her focused on her clients and providing them with highest level of professionalism, solution-focused service, and sound guidance from start to SOLD!
Mary-Lou McDonough is Professionally Affiliated with The MASSACHUSETTS ASSOCIATION OF REALTORS® The GREATER BOSTON REAL ESTATE BOARD, THE NATIONAL ASSOCIATION OF REALTORS®, The Women’s Council of REALTORS®, The State and National Association of Certified Residential Specialists and The REALTORS® Political Action Committee
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