Midterm endorsements that change the risk profile of the policy will result in premium adjustments. Standard changes such as replacing a scheduled vehicle or residence, or adding a Named Insured typically do not affect premium. However, when the underlying risk changes (e.g., adding a driver or an additional property), the premium will be adjusted on a pro-rata basis for the remaining policy period.
Additional charges will be processed through the system using the same payment methods available at policy inception. Any resulting refunds will be generated electronically and issued directly to the insured.