Best Auto Insurance!

What are declaration pages in your auto insurance policy?

by Anita Johnston on 12/14/2010 02:11 PM

The declaration pages found in your car insurance policy are very important even though most people do not understand them. The information below will provide you with a rundown of what information is presented but possibly not in the same order as your own policy.

1. Car insurance company information – the name of the company, address, and telephone number

2. Policy number – This number identifies you from other customers – the number may have numbers and letters together. When contacting your insurance company, you will need this number, as there may be more than one person with your first and last name so this number differentiates you from others.

3. Your coverage – the coverage you purchased from the insurance company including the minimal requirements by the state, bodily injury, personal injury protection, property damage liability, and uninsured motorist bodily injury could be a few of the listed coverage’s.

4.The cost – the cost of each coverage will be explained including any extra options you may chosen or if you added more protection than the average

5. The amount of the deductibles – this is the money you will pay before the insurance company starts to pay on your claim. At the time that you file a claim, you will have to pay the deductible upfront, which can be anywhere from $250 and up. If you choose a lower deductible, your premium will cost more.

6. Periods of the policy – This portion of the declaration pages shows the beginning and ending dates of coverage. It also may include that the policy is renewable automatically after the ending date, so there will be no lapse in coverage.

7. Your information – this information will include your name, address, and telephone number. In most cases, it will also list information on the car or truck you have insured including the year, make, and model.

The information supplied on this page should be current and if you change or add another car or truck to the policy, this page should be updated. The same goes for any addition coverage, change of address, or other information should always be up to date. You should go over this page and ensure that everything is correct including all the coverage you desire on which cars or which trucks. One small mistake can end up costing you more than you might imagine, if the coverage you believe you have is not covered on your policy such as collision or uninsured motorist. If they are not listed on this page as being covered then you will have to pay for any damages or injuries out of your pocket.