Auto Insurance Declaration Page Example

Often it is provided to you by your car insurance company.
Auto insurance declaration page example. It includes the policy number and effective dates what types of coverage you have what the policy s limits are and personal information about the individuals insured or holding liens against the property. A car insurance declarations page explains how much your car insurance costs and how much you re getting for what you pay. An important component of a car insurance policy is a standard declarations or dec page that provides the most important information about your personal insurance policy for example. The binder of insurance is only a temporary document meant to outline the coverage that is confirmed when you receive your insurance declaration page and policy wording and can be shown as proof of insurance for a new car purchase for example.
It is a good idea to review the information for accuracy and to keep a copy of your declarations page for your records. Your auto insurance declaration page is a summary of your car insurance policy. In this page you see the needed information about your insurance. 250 000 per person 500 000 per accident.
The auto insurance declaration page will include name of your auto insurance company policy number policy term types of coverage limit of coverage cost of coverage and specified vehicles covered under your car insurance policy. Here is an example of a policy declarations page similar to ones used by auto insurance companies throughout the united states when issuing personal auto policies. It has the amount of car insurance coverage you purchased in each component liability personal injury collision and comprehensive and uninsured underinsured motorist coverage any optional coverage and any discounts you get. An auto insurance policy declarations summarizes your policy and the coverages limits and deductibles you ve chosen to purchase.
The named insured i e. The main policyholder and any additional insureds. Your insurance policy s declaration page or dec page is a summary of all your policy information. It can also list the insured vehicles insured drivers and dates your policy is effective as well as any discounts you received.
Your name policy number date process limits and other details only located here in the dec page of state farm insurance.