What is a homeowners policy endorsement?

A homeowners policy endorsement refers to a written modification to the original policy that alters or expands the coverage provided under that policy. Endorsements can be used to add coverage for specific risks, modify existing coverage limits, or exclude certain risks altogether. This flexibility allows policyholders to tailor their homeowners insurance to better meet their individual needs and circumstances, whether that involves adding coverage for personal property, increasing liability limits, or addressing specific concerns related to their home's protection.

The other options don't accurately define what an endorsement is. An endorsement is not a new insurance policy; rather, it is a change to an existing policy. It is also not a type of renters insurance nor is it a separate policy specifically for personal valuables, as those would describe standalone insurance products rather than modifications to a homeowners insurance policy.