10/30/2023 0 Comments What is a binder for car insurance![]() Binder term, including effective and expiration dates.Insurance company and agent contact info.A binder should specify or define what’s covered, the exclusions, and the rates. The insurance binder should include all the information required for the contract that’s been purchased.Ī binder of insurance is a document that identifies who, what and why an insured person or entity is insured. You could also request a copy of the new policy contract if not received one upon issuance. Whether your insurance policy is available or not, you should always contact your carrier to determine the status of your policy. Read more about it here: What Is Voluntary Accident Insurance? And because accidents happen, you may consider knowing about Voluntary Accident Insurance.
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