What Is a Blanket Additional Insured Endorsement?


Quick Answer

A blanket additional insured endorsement is an attachment to liability insurance policies, such as auto insurance, that automatically insures an organization or individual that the original purchaser of the policy is required by the contract to add as insured. It is called "blanket" because it identifies the parties by description.

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Full Answer

Parties do not have to be individually named, but rather, in the case of vehicle insurance, a blanket additional insured endorsement may cover individuals driving the insured's vehicle with the insured's permission. In this way, they also receive the benefit of being insured. The benefit of being named as an additional insured is that any losses are posted against the original insured's policy and raises their premiums rather than those of the additional insured.

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