Having your declaration page handy will provide those answers.

There have been many times that I wanted to get a quote from an insurance company, but when questioned about my current coverage, I didn't know the answers. When you purchase a home insurance policy, you may feel overwhelmed by the paperwork you receive, but learning to read your insurance policy is an important step in helping you understand the. This is where your declaration page comes into play. The trick is getting a good price without sacrificing any of the benefits you already have. You may, therefore, be tempted from time to time to investigate and see if you can get cheaper insurance coverage than what you already have. There are always new insurance companies popping up that may have a better deal than the one you currently have, and existing companies are always promoting why their services are better than others. It's a good idea to keep a copy of your auto insurance declaration page easily accessible. That way you can make sure you understand exactly what kind of coverage you have, and make sure you aren't paying for anything extra that you don't really need. When you buy insurance for your car, home, or anything else, you should always review your declaration page when it comes in the mail. I want to know exactly what is covered and what is not. When your declaration page becomes available, that’s usually when your binder expires, because you no longer need temporary proof of coverage. I always call my agent to explain exactly what that information means. An insurance binder is different from an insurance declaration page, which summarizes the coverage provided by your insurance company. I never understand anything that it says on my homeowners insurance declaration page, beyond the simple stuff like name and address. Do I have to release my auto declaration to the attorney for a pedestrian who was hit while someone else was driving my car? If not, what will the next steps for the attorney be?

Insurance binder vs declaration