What is a homeowner's declaration page?

A homeowner's declaration page is the portion of a homeowner's insurance policy that outlines the amount of coverage, the names of those insured, the property's location, lienholder information and the yearly premium amount. The page is typically in an easy-to-read format and includes the name of the insurance company.

Property owners can expect to receive a declarations page once per year. As long as there are no major changes made to the policy, such as a new owner added to the deed, the insurance company sends a copy of the declarations page to the current mortgage company, as required, once per year.