Understanding Your Declaration Page — What’s in Your Policy

 
​Learn how to read your home or auto insurance declaration page.

Understand coverage limits, deductibles, exclusions, and why reviewing your policy matters.

What Is a Declaration Page in Insurance?
The declaration page—often called the “dec page”—is essentially the summary of your insurance policy. It’s one of the most important documents you receive from your insurer, outlining the key details of your coverage.

Whether you have home, auto, or business insurance, your dec page includes crucial information like:

• Policyholder name and address
• Policy number and effective dates
• Coverage types and limits
• Deductibles
• Premiums
• Endorsements or exclusions
• Covered property or vehicles
• Insurance company contact details

Why It Matters
Many policyholders assume they’re “fully covered” without reviewing their declaration page. But in reality, this page is where you’ll find if you’re underinsured or if you have coverage gaps.
For example:

• A homeowner may assume their electronics are fully covered but miss a $1,500 sub-limit for theft.
• An auto policyholder might not realize their liability coverage is state minimum, which could leave them exposed in a major accident.

How to Read It

• Coverage Limits: These are the maximum amounts your insurer will pay. For home insurance, it includes dwelling, other structures, personal property, liability, etc.
• Deductibles: Know how much you’ll pay out of pocket for a claim. Higher deductibles often reduce premiums but increase your upfront cost if you file.
• Endorsements & Riders: Look for additions like water backup, roof replacement cost coverage, or jewelry endorsements.
• Exclusions: These are areas your policy doesn’t cover. Common exclusions might include flood damage or wear and tear.

Pro Tip: Review Annually
Life changes. So should your coverage. Reassess your dec page:

• After renovations or big purchases
• When adding a teen driver
• If you start a home-based business

Carrier Support
​Top carriers like Progressive, Safeco, and Allstate provide easy-to-read declaration pages and digital access through their customer portals. If you’re not sure how to read yours, Corin Insurance can walk you through it step by step.

Disclaimer: This article is for general educational purposes only. Policy terms and coverages vary. Always consult your licensed insurance agent and review your specific policy documents for full details.