Auto Insurance Terms: What Is a Declarations Page?

1. Policyholder Information: The Declarations Page includes details about the policyholder, such as their name, address, and contact information. It ensures that the policyholder's information is accurate and up to date.
2. Vehicle Information: This section provides specific details about the insured vehicle(s), including the make, model, year, and Vehicle Identification Number (VIN). It also indicates if the car is owned or leased.
3. Coverage and Policy Limits: The Declarations Page outlines the types of coverage you have purchased and the corresponding policy limits. It specifies the coverage amounts for liability insurance, comprehensive coverage, collision coverage, personal injury protection (PIP), uninsured/underinsured motorist coverage, and any additional endorsements or riders you may have added to your policy.
4. Premiums and Deductibles: The Declarations Page highlights the premium for auto insurance coverage. It also states the deductibles for each type of coverage, which is the amount you must pay out of pocket before your insurance coverage kicks in.
5. Policy Effective Dates: This section indicates the policy's start and end dates, allowing you to understand the period during which the policy covers you. It is crucial to keep track of these dates and ensure that your policy remains active.
6. Additional Insureds: If you have added any additional insureds to your policy, such as family members or other drivers, their names will be listed in this section.