Understanding Your Existing Car Insurance Policy

​You’ve done well by applying for an auto insurance policy because now you’ll be more prepared to deal with any unforeseeable situations. However, you should still familiarize yourself with some of the key parts considered important content you shouldn’t miss in a contract.

Key Parts that Require Your Attention 

1. Declarations Page
   The first section is where you’ll see the names of the following drivers who are covered by auto insurance. In this part, the paper will state the limitations of car insurance with the duration of the coverage. 
   
   Take the time to review this part because you might be surprised when your term ends without your awareness. Also, make sure to check the car model supported by the insurance company. You’ll see this data on the declarations page, together with the price of the premium and the deductibles required to claim your coverage. 
   
   
2. Insuring Agreement 
   Reviewing this part of the insurance contract will give you an overview of how the company can help the driver(s) of the vehicle, passenger (s), and the car itself. The content in this section illustrates the medical and legal costs that your car insurance will cover.  
   
   Additional coverages that you’ve decided to pursue will also be stated here, along with other information describing the kind of policy you have. Go over the definitions and exclusions that apply to your Insurance to ensure that you didn’t miss any important information.
   
   
3. The Policy’s Conditions
   Whenever you make an insurance claim, the company would usually ask for some documents. Those requirements will be included under this section, which will be crucial in having the insurance company cover you. Being mindful of the needed files, for example, will help you greatly with unplanned expenses.

There are also other terms here that would help explain how to end your contract with an insurance company. The conditions can vary for you and the company, and it’s one of the reasons why reviewing these rules will give you a better understanding of the actions you can take.

Conclusion
Getting a better grasp of your car insurance coverage can be difficult if you don’t know where to look. By reviewing the declarations page, insuring agreement, and the conditions, you’ll finally be able to maximize your premium’s worth. 

At Arnold Insurance Agency, LLC, we do our best to make sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (318) 965-5953 or Click Here to request a free quote. The coverage discussed is not guaranteed. Please contact our agents to make sure you have adequate coverage and your needs are being met. We are happy to help!