What Is the Homeowner Insurance Declaration Page?
A declaration page gives proof to the insurer that you have had previous insurance. It is a document given to you by your current insurer, and it is vital when insuring your valuables. • Identification • The policy type, dwelling coverage, limits of liability, and the total premium are identified. • Personal information • Your name and address are visible on the declaration page. Most of the time insurance companies fax or email this document. Policy numbers are also visible. • Start/end date • The exact date and time the policy begins and ends is also on a homeowner’s declaration page. This is called your policy period; most of the time homeowners policies renew annually. • Escrow information • If you have a third-party payer (mortgage company) paying your premium, their name and address are also visible on the document. • Documentation only • A declaration page is used for documentation only. This is not a contract. If your policy were to change for any reason, it is the insurance co