For informational purposes only. This content does not constitute insurance advice. Coverkind Daily is not an insurance company, agent, or broker.
Learning Resources
Glossary and checklists
Reference tools for reading the policy documents you already have.
Searchable glossary
- Declarations page
- The summary page of a policy listing insureds, vehicles or property, coverages, limits, and deductibles.
- Deductible
- The amount of a covered loss the policyholder handles before coverage applies.
- Endorsement
- A written change added to a policy that adds, removes, or modifies coverage.
- Exclusion
- A situation or item a policy specifically does not cover.
- Liability limit
- The maximum amount a policy may pay for a covered liability claim.
- Policy period
- The dates during which a policy is in effect.
- Premium
- The amount paid for an insurance policy over a set period.
- Uninsured motorist
- Coverage concept relating to injuries caused by a driver who has no insurance.
Annual auto policy review checklist
- Locate your current declarations page
- Confirm drivers and vehicles listed
- Note each coverage line and limit
- Check deductibles
- Compare against your state's minimum requirements
- Mark your renewal date
Moving household checklist
- List your new address for policy records
- Review renters or home coverage concepts
- Update garaging address for vehicles
- Refresh your belongings inventory