What is the primary focus of the OPCF 23A endorsement?

The OPCF 23A endorsement primarily focuses on lienholders, specifically addressing how their interests are protected in the event of a loss or claim. This endorsement provides assurance to lienholders, such as banks or financial institutions that have financed a vehicle, ensuring that they will receive payment from the insurance in case of damage or total loss of the vehicle before any claim payout goes to the insured party.

This is particularly important as lienholders typically have a security interest in the vehicle until the loan is completely paid off. The OPCF 23A endorsement helps clarify how the proceeds from an insurance policy will be allocated, which is vital for both the insured and the lienholder. The other options listed, while they cover different aspects of insurance, do not specifically address the essential protection and prioritization of lienholder interests in the same manner as the OPCF 23A endorsement.