What To Look For When Reading An Auto Insurance Policy

Your auto insurance policy is a legal contract and it is important to understand it before entering an agreement with your insurance provider. Familiarize yourself with the different components of your policy so you can easily find information in the future and know exactly how much coverage you are purchasing. Here are the main components you will find in your auto insurance policy.

Declaration Page

This section gives you an overview of the policy. You will find the names of the people covered by the policy, the duration of the coverage, a short description of the type and amount of coverage you are purchasing and how much your premiums will cost.

Insuring Agreement

This section provides you with details on the service offered by your insurance provider. This is where you will find information about the type and amount of coverage you are purchasing and about what you should do if you are in a collision. The insuring agreement should also include details about exclusions and deductibles.

Types And Amount Of Coverage

This is the section of the insuring agreement that tells you exactly what you are paying for and how much coverage you will receive. This section will typically include details about body injury liability, property damage liability and collision coverage. If you choose to purchase optional coverage, you will find information about comprehensive, uninsured motorist and medical payments coverage as well.


The conditions of your auto insurance policy detail what your obligations are. Go over the conditions to find out about payment details, how to file a claim and how to cancel your policy.

Don’t purchase a policy before reading it! The insurance agents at 1st American Insurance Agency serving Longmont, CO will always take the time to go over your policy with you to make sure it is a good match for your needs. You should reach out to 1st American Insurance Agency if you are in the Longmont. CO area and need help with finding the right auto insurance policy.