01.Core Concepts

The scheduled personal property endorsement (with agreed value loss settlement) provides additional coverage for nine classes of property (jewelry, furs, cameras, musical instruments, silverware, golfer’s equipment, fine arts, postage stamps, and rare and current coins) and the insurer agrees to pay the stated amount for a scheduled item if a total loss occurs A personal injury endorsement is used to extend liability coverage to legal liability arising out of personal injury, e.g., false arrest, slander