Some insurance companies provide only a sheet declaring the categories and amounts of coverage. An insurance policy is a contract involving many pages of small print.
Insurance companies provide various types of coverage.
By certification, the insurance company verifies that the policy wordings given to you accurately represent your insurance contract. When you have a claim, certified policy wordings give a firm basis for negotiation. To control costs adjusters often fail to inform policyholders of policy provisions, or may misconstrue policy provisions to the detriment of policyholders. Even if you were planning to move and demolish your home immediately before a fire, the insurance company remains responsible for all policy provisions, including the full undemolished value of the property and your moving expenses. If your insurance company cancels you, expect your premiums with all other insurance companies to double or triple.