Whats A Declaration Page For Home Insurance? 
Located near the front of the policy , the declaration page lists the information that personalizes the coverage found in the following pages . It also lists all the forms that comprise the policy . This is sort of a table of contents . Your mortgage company will want a copy of this page of your policy . You should review it carefully as it contains a great deal of very important information When you look at the declaration page you can identify the name of the insurance company . Agents often represent multiple companies and this tells you exactly which company is insuring your home . Here you will find the policy number which represents the individual nature of the contract . The declaration page will describe the type of policy . There are several different forms of homeowners policies and this will tell you which form is being used . The declaration page will identify who is being insured . This is very important , particularly when there is a liability claim . The named insured should read like the deed to the property . The property should be clearly identified . There may be more than one insured and their relationship is often included in the declaration . This is where the mortgage company will be identified and the address of the company will be included , along with the loan number . Additional mortgagees can also be listed here with the same information . The name and address of the agent handling the policy also appears in the same general area . This is where you can go for service on the policy . The declarations make very important statements setting the coverage limits . While they are often identified by letters -LRB- A-M -RRB- there will be definitions in the subsequent pages . This shows the limit of each of the coverages in the policy . It usually shows the limit of liability . It usually shows the deductible applied to property claims , and states the annual premium for the policy . There is a lengthy list of forms that comprise the bulk of the policy . These attached pages detail exactly the nature and extent of the coverages , and the limits and exclusions that apply . As a homeowner you should look down this list and ask the agent to explain any coverage that you dont understand . This can trigger conversations about additional available coverages that might be appropriate for you and which you should have . This is a very important section and one that you dont want to overlook . After this is usually a general description of the property itself . It will identify the fire district , location of the nearest fire hydrant , proximity to a fire station and the protection class used to develop the premium . It will probably comment on the roof and indicate if there is any special rating applied . The company has relied on this information much of which youre provided and it should be correct . It is quite likely that your state has laws that require certain notifications to be on the declaration page , perhaps warning you that the policy does not cover flood , earthquake or building code upgrade coverage . Finally the declaration page will identify the company , its address , telephone number and state who is paying the premium and the address where communications are being sent . 