What Information Can be Found on the DEC Page?

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To begin, the insurance policy Declarations Page provides some very basic, but extremely important, information.

1. Named Insured and Addresses

You will find your name or your company name if it is a business. This is referred to as the “Named Insured.” It is the person or entity that the policy is primarily protecting.

It may list an individual, a partnership, LLC, corporation, etc. The mailing address of the insured as well as the address of the insured location will be present.

2. Policy Type, Number, Term, and Premium

The type of policy and the policy number can be found on the DEC. The dates for the term of the policy would be found on the DEC as well.

The premium owed for the term of the policy will be listed along with any discounts that may apply. If there is a mortgagee on the property, that will show.

3. Information About the Insurance Provider

Another important bit of information will be the name and address of the insurance company that provides the coverages. Also listed is the name, address, and contact information of the agency that represents the insurance company and works with you in having a comprehensive policy. You may also find contact information such as phone numbers and email addresses for the agent or the insurance company.

4. Coverages, Liability Limits, and Deductibles

The bulk of the information will be highlighting your coverages, limits of liability, and deductibles. This may include descriptions of buildings, personal or business personal property, automobiles, liability limits, as well as other information. You will see the premium or cost of each line of insurance and a total policy term premium.

5. Endorsements, Perils Covered, Exclusions, and Added Coverage Options

There will be a list of all the applicable endorsements that apply to the policy and coverages. These forms describe and explain the perils covered, exclusions (things not covered), coverage options that may be available or have been added to the policy, and additional property protected that is not part of the initial premises.

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