Typical insurance policy consist of the following paragraphs:
1. The declarations page provides information about the individual purchasing the policy; the
dollar amount of the policy; the type, extent, and cost of coverage; the date and time coverage
begins and the date the policy expires.

2. The insuring agreement includes losses the policy will cover and provides for your legal
defence up to the policy limits.

3. The exclusions say what the policy will not cover, sometimes referred to as the “fine print.”
Typical exclusions are:
•  Intentional damage to your own automobile.
•  Damages caused when your automobile is used as a public or  delivery vehicle, unless your policy states that it will be used for   this purpose.
•  Damages caused while your automobile is being driven by employees of a garage, parking lot or auto sales agency.
•  Household drivers who are excluded from coverage. Make sure you read and understand all exclusions in the proper way. If you have any doubts ask your agent to explain what you need.

4. The conditions enumerates the rules of the auto insurance policy and your duties in case of loss. Usually you are required to:
•  Report the loss to your company as soon as possible.
•  Use reasonable care to prevent further damage to your car.
•  Give reasonable cooperation to the company.
•  File proper proof of loss with the company.
•  Forward all documents of lawsuits under your policy to your  company.
If you broke any rule listed in the conditions, any claim you file may be put at risk. Remember your responsibilities in any case and consult the conditions section of your policy immediately upon incurring any loss.

5. The endorsements provides with any changes in coverage that were added to your  insurance policy. It should be typed on a form called an endorsement and attached to your policy or included with your renewal notice.

6. Any premium notice increasing the premium as a  result of accident claims have to give the specific reason for  the increase and the percentage or dollar amount of the increase.

Remember, an insurance policy is a legal contract. Read your policy carefully to make sure you
understand all of the provisions. Ask your agent/producer to explain anything you do not understand. If your agent cannot explain the policy to your satisfaction, contact the Department of Insurance, another agent/producer, or the insurance company directly.