Tuesday, 18 April 2023

What Is an Insurance Binder?

The home-buying process requires mountains of paperwork, especially with a mortgage. Lenders need home insurance before they can approve your loan request, and as you wait for an official insurance policy, your insurer may provide you with an insurance binder.  A binder is temporary proof of coverage for your lender while your full policy is […]

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What Is an Insurance Binder?

The home-buying process requires mountains of paperwork, especially with a mortgage. Lenders need home insurance before they can approve you...