What aspect of a commercial auto policy does an Individual Named Insured endorsement modify?

An Individual Named Insured endorsement specifically modifies the definitions within a commercial auto policy to include individuals as named insureds. This endorsement is particularly important because it extends certain coverages to an individual, allowing them to be recognized in the policy as a named insured, rather than just the business entity. This clarification can lead to a more comprehensive coverage for individuals who may be using company vehicles for both business and personal activities.

In terms of the other aspects mentioned, while coverage limits can certainly be adjusted within a commercial auto policy, that is not the primary function of this endorsement. It does not directly alter exclusions related to personal use or make changes to how premiums are calculated for the policy, which are considered separate components of the insurance contract. The focus of an Individual Named Insured endorsement is clearly on the definition of who is insured under the policy, thereby addressing the relationship between the individual and the business’s auto coverage.