A Declarations Page is the section of a policy that itemizes your pertinent information. In detail, a homeowners declaration page will keep record of your name, your house address, your policy number, the effective and expiration date of your policy, the premium for the coverages you have obtained and the limits of each of those coverages.
Language you may discover on your Declarations Page:
Named Insured - this is the person or company that is recognized as the insured.
Additional Insured - sometimes you can add an extra person to your policy because particular coverages on the policy can be provided to them. For example, if you lease a car, the leasing entity may need to be recorded as an additional insured. The leasing entity is the titleholder of the car, as a result, they can be responsible for damages caused by the car. Being made as an additional insured on your policy will cause your policy to provide some coverages to the leasing entity in the occurrence they are sued.
Endorsements - There can be times where standard policy language needs to altered. Rather than creating a new policy, the insurance company adds endorsements. They are basically amendments added to the insurance contract that can modify the coverage or terms of the policy. Your Declarations Page will detail which endorsements are relevant to your policy.
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