Which endorsement can change coverage on personal property from Actual Cash Value to Replacement Cost?

The endorsement that specifically changes coverage on personal property from Actual Cash Value (ACV) to Replacement Cost is the Personal Property Replacement Cost endorsement. This endorsement allows insured individuals to receive the full replacement cost of personal property without deducting for depreciation, which is a characteristic of Actual Cash Value coverage.

Actual Cash Value is calculated by taking the replacement cost of an item and deducting depreciation, whereas Replacement Cost coverage does not factor in depreciation. This is particularly advantageous for policyholders, as it provides a higher level of financial protection in the event of a loss.

In contrast, the other types of endorsements serve different purposes. Additional coverage endorsements generally provide more coverage but do not specifically address the valuation method of personal property. Scheduled personal property endorsements focus on specific items listed within a policy for a specified value rather than changing the coverage format. Comprehensive personal property endorsements offer broader protection or cover different perils but also do not directly switch from ACV to Replacement Cost.

Thus, the Personal Property Replacement Cost endorsement is specifically designed to enhance the way personal property is valued under an insurance policy, making it the correct choice for this question.