A thorough policy review will help you avoid coverage surprises.
There are three primary parts to examine. The policy declarations page details the policy number, effective dates, coverages, limits, vehicles, and other identifying information. The insurance identification cards confirm coverage for the vehicles listed on the policy. The policy form is a legal contract that outlines coverages, limitations, exclusions, and conditions.
Things to note on the declarations page:
Next, turn your attention to insurance identification cards. There should be one card per insured vehicle. Verify the policy period is current, and matches the declarations page. Check for accurate identifying information including your name and address, vehicle description and identification number, policy number, etc. Keep the identification card in your vehicle in case you are asked to show proof of insurance.
Take a good look at the insurance policy form to complete the review process. Pay close attention to the limitations and exclusions. For example, insurance policies typically exclude coverage on vehicles used for pizza delivery or hauling for hire. Review policyholder duties following an accident or loss as well. There are requirements for reporting a loss, cooperating in a claim investigation, providing proof of loss, and more.