I Need Help Understanding SR22 Auto Insurance Certificates
Q: I’m having trouble understanding the policy I got with my Sr22 certificate. Can you help me?
A: Sure. For many people who get an Sr22 certificate, understanding the policy is simply something they don’t consider. You tell the car insurance provider what you want–or let them tell you what you want–and expect them to give it to you, and you trust. But the truth is that you need to know what you’re signing, and you need to know what is in your policy so that you know what to expect. As such, you need to understand it.
An important page is the first one, which is your declarations page. Your declarations page has the information on what you bought–what type of coverage, how much, and what the deductibles you will have to pay if you file a collision or comprehensive claim on your Sr22 certificate policy are. Then you have your insuring agreement, which is more in depth, and tells you what those coverages cover and what you should expect in return. Next you have your exclusions, which specify what isn’t covered. And then you have your conditions, which goes into detail as to what the legal understanding is between you in the company, how much you owe them for premiums and when, how to file a claim and arbitrate, and so on. Finally you have a vocabulary page which you can refer to when you don’t understand an insurance term used.
