Glossary term

Endorsement

Endorsement: A mid-term change to a policy, such as removing collision, with the premium adjusted pro-rata.

Where this term matters

Guides and entries on this site that use the term.

Guide

When to Drop Full Coverage and Go Liability-Only

The signals that it is time to drop collision and comprehensive: car value, premium share, deductible, savings, loan payoff, and how to make the change without a gap.

Related terms

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