What information is primarily included in the declarations section of an insurance policy?

The declarations section of an insurance policy serves a critical function by providing essential details about the policy, encapsulated in the phrase "Who, What, Where, When, How Much." This section typically includes information regarding the policyholder (who), the types of coverage provided (what), the location of the insured property (where), the effective dates of coverage (when), and the coverage limits or premiums (how much).

This foundational information allows both the insurer and the insured to have a clear understanding of the basic terms and parameters of the insurance contract. It sets the stage for the specifics that will be detailed in the policy's various sections, such as coverage, conditions, and exclusions. By summarizing these crucial aspects, the declarations section acts as a quick reference that clearly outlines the main features of the insurance coverage in an understandable way.