Policy Period
Definition
The dates between which an insurance policy provides coverage. Most personal lines policies have a one-year policy period. Commercial policies may be annual or multi-year. Losses must occur during the policy period to be covered. The policy period is shown on your declarations page.
When This Matters
Your homeowners policy period runs from June 1, 2024 to June 1, 2025. A loss that occurs on May 30, 2025 is covered. A loss on June 2, 2025 is not, unless you have renewed.
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