How Endorsements Affect Premiums
The cost of insurance endorsements depends heavily on what type of endorsement you’re adding to your existing insurance policy. For example, adding roadside assistance from Allstate is only $8 a month, while gap insurance similarly costs only a few dollars per month. An endorsement’s effect on your premium also depends on whether you’re adding coverage, excluding coverage, or modifying coverage. Obviously, adding more coverage will cause premiums to increase and vice versa.
Do Endorsements Have Deductibles?
Typically, the only coverages that require insurance deductibles are collision and comprehensive coverage, which cover your property damages in both collisions and non-collisions.