Search a variety of Homeowners Insurance Terms
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Binder
A preliminary, temporary agreement that provides proof of insurance until the policy is official.
Insurance Binder
Written evidence that insurance is temporarily in effect until the specified expiration date. At that time a permanent policy must be obtained.
DISCLAIMER: The information provided above is intended to be a guide to understanding common homeowners insurance terms. HomeInsurance.com does not intend this information to be official or legally binding. HomeInsurance.com uses this list as a basic guide to understanding these terms and should not be considered complete or definitive.