Homeowners Insurance terms starting with D

5 terms

1. Debris removal Coverage for the cost of removing debris resulting from damage caused by an insured peril.
2. Declarations page The page your company sends as part of the policy which shows the terms, coverage limits, premium and endorsements.
3. Deductible The dollar amount you must pay out-of-pocket for each claim before the insurance company begins paying.
4. Depreciation The act of lowering an item´s value due to use or wear and tear.
5. Dwelling An insured's home.