Which of the following statements about endorsements is NOT true?

The statement regarding endorsements that is not true is that an endorsed policy will always provide more coverage than an unendorsed policy. This is incorrect because endorsements can serve various purposes, including adding coverage, modifying existing coverage, or, in some cases, limiting coverage. An endorsement might add specific protections, such as flood insurance in a region that typically does not cover it, but it could also remove certain coverages or change the terms of existing coverage, potentially resulting in a policy that offers less protection.

Understanding endorsements is crucial because they reflect adjustments made to insurance policies that can either expand, restrict, or clarify the terms of coverage. Therefore, while some endorsements enhance the policy, others can detract from it, meaning not all endorsements equate to increased coverage.