Homeowners insurance provides comprehensive coverage to protect your home and personal belongings against damages caused by common hazards. To fully understand what your policy covers, it’s important to review your homeowners insurance declarations page.

A declarations page is a document provided by your insurance company that explains the coverages offered by your insurance policy. You can review this document to find important information, including who is insured, what property is insured, what coverages you have, what your deductibles are, and much more. If upon review, you are dissatisfied with what your policy offers, contact us today for a free quote to upgrade your insurance.

[Request A Quote]

What Is a Homeowners Insurance Declarations Page?

Your homeowner insurance declarations page summarizes the coverage provided by your policy. This includes coverages, coverage limits, and covered perils. You can usually find your declarations page on the first page of your homeowners insurance policy.

In addition to summarizing your coverages, you can also find basic information such as who is insured, your insurance agent, your mortgage lender’s information, your deductible, your premium, and any discounts that have been applied.

Not only does your declarations page provide important policy information, but it can also often be used as proof of insurance when necessary.

What’s Included on the Declarations Page?

Your homeowners insurance declarations page provides a wide range of helpful information regarding your policy. You should review your declarations page to ensure you have adequate coverage against unexpected hazards.

Here’s some of the important information you can find on your homeowners insurance declarations page.

Policy Period

Your declarations page will state your policy period, which is the effective length of your policy. It will state when your policy begins and when your coverage expires. Homeowners insurance policies typically have a one-year policy period, but you should review your declarations page to ensure you know when you need to renew your coverage.

Location

Declarations pages also state the address of the insured property. When you purchase a new policy, you should review this information to ensure it is accurate and correct it immediately if it is not.

Coverages

Your declarations page will include a list of the coverages provided by your policy. A typical homeowners insurance policy includes:

● Dwelling coverage

● Other structures coverage

● Personal property coverage

● Personal liability coverage

● Loss of use coverage

You should review your coverages and coverage limits to ensure you have enough coverage to repair your house and replace your belongings if they are damaged by a covered peril.

Premium

Your premium is the amount you must pay on an annual basis to retain coverage. You should review this information to ensure it aligns with the premium you previously agreed to.

Deductibles

Your declarations page will also state your deductible — the amount you have to pay out-of-pocket after filing an insurance claim before your insurance pays for any damages.

Discounts

Any discounts that have been applied to your premium for the current policy period will be listed on your declarations page. You should review this section of your declarations page to ensure you are receiving the discounts that you are eligible for.

Policy Number

You can find your policy number on your homeowners insurance declarations page. You may need this number when filing a claim, contacting your insurance agent over the phone or online, or logging into your insurance provider’s website.

Who Is Included on the Declarations Page?

Your homeowners insurance declarations page lists the named insured, including your name and address, your insurance agent’s name, company address, and phone number, and your mortgage lender’s information. It may also include information about any other parties involved in your insurance agreement.

How to Find Your Declarations Page

If you want to review your declarations page, it’s typically located on the first page of your homeowners insurance policy. If you aren’t able to find it, contact your insurance provider to request a physical or digital copy of your policy.

Every time you renew your homeowners insurance policy or purchase a new policy, you should also receive an updated declarations page.

Request a Homeowners Insurance Quote

Homeowner insurance protects homeowners against a wide range of common hazards. To ensure you have adequate coverage, it’s important to review your declarations page whenever you purchase or renew your homeowner insurance policy.

At NSI Insurance, we work with homeowners to help them find affordable, comprehensive homeowners insurance policies that protect their property and belongings against common perils. Contact NSI Insurance today to get a custom quote and learn more about homeowners insurance in Miami, FL.

[Request A Quote]