Declarations page: The declarations page is the page in your policy that shows the name and address of the insurer, the period of time a policy is in force, a description of the vehicle, the amount of the premium, and the amount of coverage.

Deductible: The deductible is the amount the insured must pay in a loss before any payment is due from the company.

Depreciation: Depreciation is the act of lowering an item´s value due to use or wear and tear.