Car Insurance can be complicated and confusing. But it doesn’t have to be. Your Auto Insurance Declaration Page is a handy snapshot of your coverage provided by your Insurance Company. We recommend that you look at your Auto Declaration Page at least annually at renewal and more often if there are additions or changes to the vehicles you own.
Our Analysis
Each insured’s auto insurance policy is different in terms of coverage, limits, and exclusions. You will need to read your own declaration page to understand specifically what your policy covers. The information below is meant to be a quick reference guide.
Our Actionable Advice
Car Insurance Declaration Pages typically include the following:
- Policy Details: Policy number, insured name, garaging address, and policy effective dates.
- Phone numbers of your Insurance Company: For changes or claims.
- Vehicle Details: Year, make, model, VIN number, and ownership status of each vehicle.
- Coverage Types and Policy Limits: Coverages may include Collision, Comprehensive, Bodily Injury and Property Damage Liability, Medical Payments, Uninsured Motorist, to name a few. Policy Limits may be listed, which are the maximum amount your insurance company will pay after you pay the deductible. For more detailed information, look at our blog”Car Insurance Terms You Need to Know.”
- Deductibles: This is the amount the insured pays for an accident/loss before the insurance company pays for approved damages up to the limits listed on the policy.
Why your Declaration Page is important:
- When you need to show proof of insurance coverage.
- When you need to file a claim.
- When you are shopping your insurance.
- When you need to ensure that any changes have been made and are accurate.
The Big Takeaway
The Whitlock Group has over 30 years of experience in Homeowners and Auto Insurance, so you can have peace of mind that your home and auto are safe. If you have questions about your current policies or would like a quote for Homeowners and Auto Insurance, please contact Kristi Flynn.
Resources:
- “What is an auto insurance declarations page?“, Bankrate
- “How to Find Your Travelers Declarations Page,” The Zebra