Optional Endorsements On Auto Policies - What Are They And Do I Need One?

Think your auto policy has you covered from every angle? We put that assumption to the test and show where the real gaps live—then walk through the endorsements that actually fix them. From rental car reimbursement to roadside assistance to gap coverage, we share plain-English guidance that helps you avoid surprise bills and stressful weeks without wheels.

We start by demystifying what an endorsement is and why “full coverage” is more myth than reality. Then we dig into rental car reimbursement: when it pays, when it doesn’t, and how to set realistic daily and total limits so you’re not stranded at the counter. Next, we tackle roadside assistance and the new reality of claim frequency. Multiple small tows can nudge your rates up or complicate a carrier switch, so we compare insurer roadside to auto clubs like AAA and outline a balanced approach that protects your wallet and your insurability.

Finally, we focus on gap coverage, the quiet safeguard for financed vehicles. If your car is totaled and the loan balance is higher than the insurer’s payout, gap bridges that difference so you don’t carry debt on a car you no longer have. We explain when gap makes the most sense, how to weigh lender-sold vs. insurer-sold options, and why long loan terms or small down payments make this endorsement a smart buy. Throughout, we share practical tips on pricing, underwriting trends, and how to tailor add-ons to your life stage, commute, and budget.

If you’ve wondered which extras are worth paying for—and which to skip—you’ll walk away with a clear checklist to decide. Enjoy the conversation, then subscribe, share with a friend who’s shopping coverage, and leave a quick review to help others find the show.

To learn more about The Walters Agency visit:
https://www.brightway.com/agencies/tn/knoxville/0237/team
The Walters Agency
7009 Asheville Hwy
Knoxville, TN 37924
423-417-2070