Personal Auto Policy

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Declarations Page Most insurers develop and maintain their own Personal Auto Policy Declarations. That is the easiest way to meet their specific needs and to comply with state law. The most common items found on the Personal Auto Policy Declarations include: the name and address of the insurer, with or without a company logo policy number name and mailing address of the agency name and mailing address of the insured optionally, insured's occupation policy period including effective and expiration date with month, day and year, as well as time of day description of vehicle(s): model year, manufacturer, model, body type, vehicle identification number, cost new, month & year of purchase, (new or used) deductible rating information: business or personal use, one way mileage, annual mileage, vehicle symbol, driver classification, territory (optionally, separate territories for liability and damage to your auto), applicable credits (such as alarm, good student, senior, safety equipment, etc.) driver violation/accident surcharges, vehicle surcharges coverage limits applying to entire policy: bodily injury, property damage (split or single limits), medical payments (or, if applicable, personal injury protection), uninsured (underinsured) motorists, damage to your auto, towing, etc. coverage selected for each vehicle any loss payee or lessor that may apply, including address list of the forms and endorsements that apply to the personal auto policy or coverage section. Typically includes both mandatory & optional forms, including edition dates. premiums per coverage, vehicle, and total policy premium Some personal auto policy declarations divide the necessary information into two parts. The first section consists of the Personal Auto Policy Declarations page with the insurer, insured, and location information, including the policy term and basic coverages. The second part may contain information on optional coverages or, occasionally, a miscellaneous vehicle schedule.

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Not only are policy forms, clauses, rules and court decisions constantly changing, but forms vary from company to company and state to state. This material is intended as a general guideline and might not apply to a specific situation. The authors, LunchTimeCE, Inc., CEfreedom, and CEfreedom and Kruise, and any organization for whom this course is administered will have neither liability nor responsibility to any person or entity with respect to any loss or damage alleged to be caused directly or indirectly as a result of information contained in this course.