What Is an Insurance Binder? A Complete Guide to Temporary Proof of Coverage
Reading Time: 5 minutesAn insurance binder is a temporary contract that proves coverage is active before the formal policy is issued. It is legally binding, carries the same force as the policy it stands in for, and typically expires in 30 to 90 days — or the moment the actual policy documents arrive, whichever comes first. Lenders, landlords, […]