The easiest way to handle and assess your insurance policies is to make a one-page summary for each. Generally, insurance policies have a "declarations page" at the start of the contract. This page offers a summary of the policy's contents, located at the beginning of your documents. It outlines details like your deductible, coverage, discounts, and other information.
Regularly reviewing your insurance policy is crucial. We frequently store these policies in a file drawer and overlook the fact that certain elements require periodic updates. Consequently, when it's time to file a claim, make a payment, or renew, we find ourselves hurriedly searching through files for policy information.