insurance

What is a declarations page?

 

What is a declarations page?

The Bankrate.com financial term of the day is: "Declarations Page"

A car has many parts, and so does a car insurance policy. When you buy a new car, its window sticker provides a breakdown of everything you're getting and suggested pricing for it all. With an auto insurance policy, the same sort of summary is found on the front page, called the declarations page. It will include the name of the insurance company and your policy number, plus details about coverages, costs and deductibles. The declarations page also lists the vehicles covered by the policy, with their vehicle identification numbers.

A car insurance policy can have lots of head-spinning detail. The declarations page aims to boil all of that down to just the basics.

To find the best auto insurance rates, visit the Insurance section at Bankrate.com.

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