An insurance declaration page, also known as a "dec page," is a document that summarizes the insurance coverage provided by an insurance policy. It is usually the first page of the policy and is provided to the policyholder at the time of purchase and at each renewal period. The declaration page contains important information about the policy, including:
- The name and address of the insurance company
- The name and address of the insured
- The type of policy, such as auto or home
- The deductible or amount the policyholder must pay before the company makes a payment on the loss
- Endorsements or options on the policy which provide more or less coverage and may change the premium
- Exclusions in the policy are not listed on a declaration page
The declaration page is important because it provides a quick summary of the policys coverage and limits, and it can be used as proof of insurance. It is recommended that policyholders review their declaration page to ensure that the coverages they want and thought they were purchasing are represented correctly. If there are any errors in the policy information, policyholders should contact their agent immediately to address the problem, as errors in the policy information may cause problems when filing a claim.