How to Read a Florida Homeowner’s Insurance Policy

Below is an excerpt of our Addendum on Understanding a Homeowner’s Insurance Policy. This addendum along with Instructions and forms is meant to assist a Florida homeowners make claims for damages to their dwelling. The entire package/system will be online and ready for purchase in the near future. As South Florida homeowner’s insurance claims attorneys we understand the importance of the ability of an insured to understand his policy. It is important to understand that the content below is only a small section and in no way covers what is needed to comprehend an entire Florida homeowner’s policy. However, Miami-Dade insurance claims lawyers are here to assist you.

Addendum on Understanding a Homeowner’s Insurance Policy


This addendum is central to your insurance claim. In order to make an effective claim it is important to have a good understanding of your insurance policy. Looking at a policy may be somewhat daunting. It’s a tremendous amount of paper. However, a little dissection will help simplify things. Please read this carefully.

NOTE: THIS IS ONLY AN EXAMPLE. YOUR POLICY MAY READ DIFFERENTLY. THIS IS ONLY AN EXAMPLE MEANT TO HELP YOU UNDERSTAND YOUR POLICY. IF YOU NEED ASSISTANCE READING YOUR POLICY, THEN PLEASE CALL US.

DECLARATIONS PAGE / Dec Page

The first thing to look at when reviewing a policy is the declarations page. Some policies call it the renewal of declarations if they are renewing your policy. The policy will give you the following basic information:
1) Name of insured
2) Premises that is insured 3) Policy Number and Policy Period
4) The agent who signed up the policy 5) Coverages
6) Limits of liability/policy limits
7) Deductibles
8) Annual premiums.

It is important to determine who the insured is. This may seem obvious, but that is not always the case. So you have to look to the policy to determine who is insured. This is important because the insured has duties and rights. If a person is not a named insured, then his/her rights and duties may be limited under the policy. For example, a noninsured may not have to attend an Examination Under Oath (EUO) or recorded statement.
Next we look at the premises that is insured. You want to make sure that the policy states the correct address of the insured location.

The policy period relays when the policy is or was in effect. For example, from 2/5/12 to 2/5/13. The policy number allows the insurance company to locate your specific policy and also open up a claim.

Then we look at the coverages. Below we have a sample declarations page we can us to review coverages:

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The addendum goes on to explain how to read a declarations page and the rest of the policy. Our services also include a 20 minute consult with Florida insurance claims attorney. Our Broward homeowners claims attorneys can also handle your entire claim or jut assist you with a recorded statement of Examination Under Oath (EUO). Our services are tailored to the legal needs of our clients. We can be reached at 1.888.413.8353 or 305.764.9907.