Which personal auto endorsement is necessary for two individuals living in the same household who jointly own a private passenger vehicle?

The joint ownership endorsement is the appropriate choice for two individuals living in the same household who share ownership of a private passenger vehicle. This endorsement allows both owners to be covered under the same auto insurance policy, optimizing the coverage for shared vehicles. It recognizes the unique situation where multiple individuals are officially listed as owners on the title of the vehicle and ensures that both parties are adequately protected while driving the vehicle, in accordance with New York State regulations.

Other options either do not specifically address the scenario of joint ownership or refer to coverage that isn't relevant to individuals living in the same household sharing a car. The joint ownership endorsement is specifically designed to cater to this exact need, making it the correct and most applicable choice for this situation.