How do I obtain a copy of my insurance policy? It is something every policyholder should know how to do. Considering each policy is as unique as it’s policyholder, it only makes sense to have a copy on hand for reference.
An insurance policy is a legal contract between the insurance company and you (the insured). It has for basic parts:
- Declaration Page – this is the first page of the policy and contains details on the type of insurance, what risks are covered, the name of the insurance company, and you/the business name.
- Insuring Agreement – this goes into the specifics of what is covered and what the insurer will pay for when a loss occurs.
- Exclusions – this lists the risks that are not covered under your policy. For example, your homeowners insurance may exclude damage caused by a flood or earthquake.
- Conditions – these are the limitations to the insurer’s responsibility to pay for a loss. There are certain conditions that need to be met, or else the insurer may deny your claim.
After working with you independent insurance agent to create a new insurance policy, whether it be for your home, car, or anything else, they will need several weeks for processing. You will then be mailed a copy.
If you’ve lost your copy of the insurance policy, then you’ll need to contact your independent insurance agent. They can help you obtain another copy. You’ll probably have to answer a number of questions by phone to verify your identity to ensure that the company sends you the right policy. The company will then mail you another copy of the declaration page within a week or two. Most companies will also allow you to access your policies online. So, ask your agent.
Be sure to store your policy in a secure location like a locked file cabinet, safe, or safe deposit box at the bank.
Other Enhanced Insurance articles related to agents:
Enhanced Insurance is not written by attorneys. If you’re looking for legal advice, you need to contact a lawyer. Further, insurance practices and forms change constantly and are varied from state to state. For definitive answers in your area, contact a local agent.
While the majority of people want an agent involved in their purchase of insurance, many people want to see if they can save money by buying direct from the insurance company. Others want to try a direct quote to make sure the premium they’re now paying through their local agent is fair. If you want a quote for your coverage, click on the competitive quote button on the right side of this page.