If an insurer wants to modify a personal auto policy, it might do so through which of the following?

An endorsement is a document that modifies the terms or coverage of an existing insurance policy. In the context of a personal auto policy, an endorsement allows the insurer to add, remove, or change specific coverage aspects without requiring a completely new policy. This makes endorsements a flexible tool for both insurers and policyholders to address changes in risk, coverage needs, or state regulations.

For instance, if a policyholder wants to increase their liability limits or add temporary coverage for a rental car, the insurer can issue an endorsement to reflect these adjustments while the base personal auto policy remains intact. This approach is often more efficient than creating a new policy or going through the renewal process.

Renewals pertain to extending the duration of a policy rather than making modifications, while a rider usually pertains to an addition or exclusion of specific clauses within other types of insurance. A policy amendment is not a standard term widely recognized in insurance practices to indicate formal changes. Thus, endorsements are the most precise method an insurer would utilize to modify a personal auto policy.