Page 154 - ALTA Endorsements Guide

ALTA ENDORSEMENT RETURN TO TABLE OF CONTENTS

ALTA 23-06

Co-Insurance Endorsement - Single Policy

The ALTA 23 sets forth the name and address of the co-insurers, the co-insurers’ assigned
policy number, the specific amount of coverage for which each co-insurer will be liable and, the
percentage of the aggregate amount of insurance liability each is assuming. The issuing co-

insurer and all other co-insurers sign the co-insurance endorsement to signify the willingness
of each to adopt the coverage provided in the issuing co-insurer’s policy, as its own. The

endorsement makes clear that any notice of claim must be submitted to each of the co-insuring
companies and that any endorsements issued after the date of the co-insurance endorsement must
be executed by all the co-insuring companies. This endorsement is available for owner’s and loan

policies.

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