How to Save Big on Insurance Without Cutting Corners

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A declarations page is an official document that lists key information about the policy. It provides a snapshot of the policy and its coverages and can help you determine whether a particular coverage is right for you. It also serves as proof of insurance, particularly when a mortgage company requires it for home and auto loans.

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The declarations page contains basic information, such as the policy number, policy period, name of insured, address, and the bank that carries the mortgage on a house (if applicable). It also lists the types and dollar limits of coverage for the property and any deductibles or endorsements that apply to the policy. It can also include your premium and a list of discounts that have been applied to the policy.

This is an important page to keep handy, as it is one of the few pages that will contain all of the key information about your policy. It is especially useful when you are filing a claim or shopping for new coverage.

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For example, in an auto policy you will find the names of all drivers covered under the policy as well as the vehicle make, model and VIN for each car. If you add a car or remove a car from the policy, this will be reflected on the declarations page. The same is true for a home or life policy.

The declarations page is a good place to start when reviewing your policy, but it is important to read the full policy, especially the Insuring Agreements and Coverage Endorsements sections. It is also a good idea to use the policy glossary to learn definitions of any terms you may not be familiar with.

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