Declarations

The declarations part of your policy is unique to you. It contains the personal facts for drivers in your household such as name and address, year, make and model of your vehicle(s), vehicle identification numbers (VIN), policy number and policy duration. It also contains the basic type of coverage you purchased and your policy limits and deductibles. Make sure your information is accurate on this page. Your claim may be denied if you provide inaccurate information to your insurance company.

Coverage Parts / Insuring Agreement

This section of your policy outlines the coverage options and coverage limits that you purchased such as liability, medical payments, collision and comprehensive. This section basically provides the details of what your insurance company promises to provide in return for your payment based on the coverages and coverage limits you selected.

Exclusion

The exclusions section simply details what is not covered by highlighting your policy's limitations. Combined with the section above, this ensures that you know exactly what will be covered when you make a claim. It also shows you some possible deficiencies that you might want to correct down the line.

Conditions

This is where the legal responsibilities of both the insured and the insurer are listed, including premium payment obligations, steps to filing a claim, and procedures for resolving disagreements.

Definitions

This section defines terms and outlines the rights of the policyholder and the insurance company. This section is often referred to as the "fine print".