The declarations page for your auto insurance policy outlines the costs and benefits of your policy.
This is the first page of your car insurance policy, and it explains everything you need to know about your policy, including how much your premiums are and what kind of coverage you have. The declarations page serves as a synopsis of your automobile insurance coverage.
The declarations page (also known as the dec page) lists your premium, the frequency with which you must make payments, and the deductibles you must meet for each type of coverage. If you’re leasing, the information will also include the name of the lender and the name of the car’s manufacturer, model, and VIN number.
If you’re looking for an easy-to-read summary of your policy, look no further than a declarations page.
Your policy number, term, and the amount of coverage you purchased, as well as the coverage limits, are all listed on the dec page.
If you’ve got a car, you’ll find information about your insurance policy in this document.
Declarations page for a car insurance claim example
Your car insurance declarations page will include important information about your policy, such as the cost and the types and amounts of coverage that you are covered for. Most well-known insurers such as GEICO, Progressive, and Allstate will give you this document when your coverage begins:
How to get a copy of your insurance declarations page
Car insurance policies typically include a declarations page that is attached to the front of the policy.
You can get a copy of your declarations page from your auto insurance provider if you don’t have one. Alternatively, you may be able to access it through your insurance provider’s website or app. Your insurance company should send you a new declarations page whenever you make a change to your policy or renew it.
Simple facts from your auto insurance policy statement
Rather than going into exhaustive detail, a dec page will provide you with all the essential facts about your auto insurance policy. The policy number can be found at the top of the dec sheet and must be used when submitting a claim. Depending on how often you need to renew your policy (every six months to a year), some Dec sheets will also list your previous policy number.
You’ll also find the following information on a car insurance declaration page:
Information on the policy’s term
You’ll find details about your policy on the dec page, such as the duration of your car insurance policy, which is a period of time that begins and ends on a specific date. There will be a specific day, month, and year assigned to each of these events. Some policies even include a start time, which is usually one minute after midnight on the date of the policy’s start time.
a list of those who should be consulted
The declarations page for your auto insurance policy will list all of the policy’s participants. You’ll find them here:
The insured’s name. In most cases, that’s you, the policyholder, who’s paying for the insurance on your vehicle. It could also be your children or your spouse who are behind the wheel of the vehicle. Everyone who is covered by the policy will have their names, ages, and addresses listed in the policy. The dec sheet may also include a list of drivers who are not permitted to operate the automobile.
Drivers who aren’t allowed to drive. Anyone in your household who is not covered by your policy can be listed on the dec sheet.
It’s the agent, of course. The name and phone number of the company representative, if applicable.
Insuring the insured. Your insurance company’s address and phone number should be listed on the declarations page of your policy.
In the event of a lien. If you leased or took out a car loan, the company that holds your lease. A bank or credit card company’s address may be included in the dec sheet.
The vehicle’s specifications
On the declarations page, you’ll find specifics about each of the vehicles you’re insuring. In other words:
The year in which the automobile was created
Model and manufacturer’s name (for example, Dodge Avenger, Kia Soul, Tesla Model 3, and so on)
Every new car comes with a Vehicle Identification Number (VIN), a unique 17-digit code.
The cost of health insurance, including deductibles and premiums
There will be a section on your declarations page that details your premiums and how you’ll pay them (monthly, bi-annually, annually). There are a variety of factors that go into calculating your insurance premiums, ranging from your personal characteristics (age, gender, location) to your driving history (including any DWI/DUIs or other traffic violations) to the type of vehicle you drive and how frequently you use it. Car insurance premiums are heavily influenced by the amount of coverage you require.
The deductible is the amount you must pay before your insurance company will pay the rest of your claim. Some car insurance coverages do not require deductibles while others do, but deductibles are listed on your dec page next to each type of coverage. Deductibles typically range from $100 to $1,000.
Coverage for automobiles
When you buy car insurance, you’re buying coverages, and your declarations page will list all the different kinds of coverage you have.
The dec sheet will also include the amount of coverage you purchased for each type of coverage. You can think of these limits as the insurance company’s responsibility to you. For example, if you have $100,000 in property damage liability coverage, your car insurance company is only obligated to pay up to that amount.
Depending on the type of coverage you have, your policy limits may be stated in terms of per-person and per-accident limits on your declaration sheet. For example, $100,000 per person and $300,00 per incident.) As soon as the insurance company has exhausted its liability to you, you’ll be on the hook for any remaining costs.
Each vehicle’s coverage amount will be listed separately if you have more than one. It is possible to purchase less insurance for one car and more for another. Even if your car is a few years old and doesn’t cost as much to replace, you should always make sure that you have enough insurance to protect your investment.
The following are some of the coverages that come with car insurance:
Insurance against third-party liability. Damage to another driver’s property or bodily injury while driving is covered by this policy.
Injuries to oneself (PIP). Medical expenses incurred as a result of injuries you or your passengers inflict on each other.
Collision reporting When your car is involved in a collision with another vehicle, you’ll be covered for the repair costs.
A wide range of options. If your car is damaged or destroyed by an event unrelated to your driving, such as bad weather or riots, or if it is stolen, you will be covered for the repair costs.
Accidents involving uninsured/underinsured motorists. Compensation for injuries and property damage if the at-fault driver lacks or does not have adequate auto insurance to pay for your treatment and repairs.
Gap coverage. You’re protected in the event that your car is stolen or destroyed beyond repair, but the total reimbursement is less than what you still owe on the loan or lease.
Everyone’s insurance needs are unique, and Policygenius makes it simple to find a policy that meets all of your coverage requirements while remaining within your budget.
Coverage options that can be added to a policy.
Some extras on your auto insurance policy may be covered if you choose to purchase them. It is possible that your insurance premium will rise as a result. On your policy declarations sheet, some of the car insurance types above may be listed as optional, depending on the auto insurance company. If you’re leasing a car, you may be required to purchase collision and comprehensive insurance from the lien holder.
Other types of optional coverages are available, as well. It’s best to contact your car insurance company if you don’t see any of these listed on your policy’s declarations page.
- Assistance at the side of the road
- Reimbursement for towing and labor
- Returning a rental vehicle
- Additional equipment that is not included in the base policy.
Riders and sponsors
Endorsements, also known as riders, are optional additions to your basic auto insurance policy that extend additional protections beyond the standard limits. Your declarations page can include any additional riders that you’ve added. When this occurs, the rider’s title and a special code used by the car insurance company can be used to identify the endorsement.
The declarations sheet may or may not contain endorsements. Finding out what each endorsement costs and how it affects your coverage is a matter of consulting the policy’s terms and conditions. They can be found at the policy’s very end, or they can be found throughout the policy’s terms.
Discounts on auto insurance
Discounts on car insurance are available from every company. On your policy declarations sheet, you’ll find a list of these discounts, along with the amount they lower your premiums.
Some of the most common discounts you’ll see on your car insurance policy include:
Combination discount. In most cases, you can save money by bundling your auto and home insurance policies with the same provider, so look into this option.
Discount for multiple vehicles. Discounts are available for insuring multiple vehicles on the same policy.
For safe driving, you will receive a discount. For those who have demonstrated a long history of safe driving. No accidents, no DUIs, no moving violations are included in this. Taking a driver’s education course may also be acceptable proof.
- It has been paid in full. If you pay your insurance premiums all at once rather than monthly, you can save money.
- Security is slashed. Adding anti-lock brakes and a car alarm to your vehicle may result in a discount from your insurance company.
- Loyalty reward. Depending on the length of your policy, you may be eligible for a discount when it comes time to renew.
Discounts for members of an organization. Discounts are available for those who are members of some of the participating organizations. Being a member of a fraternity or sorority, or having attended or graduated from a university, could be construed in this way. Car insurance discounts may also be available through your employer.
Getting a new insurance policy for your car
As part of the renewal process, you will receive a new declaration sheet. New premiums and policy periods, new discounts (if you’ve been driving more safely, for example), additional or increased coverage, new insured cars or drivers, and new endorsements will all be reflected in your policy information.
You may see a statement on your insurance declaration sheet indicating how much your premium has increased or decreased, as well as the new amount.
A typical car insurance policy term is six months or a year long. With Policygenius, you can quickly and easily compare insurance quotes from a variety of providers to find the best deal. Quickly compare your coverage by having your declarations sheet on hand.