What Is Auto Insurance Binder? 
An auto Insurance Binder is typically prepared by your Insurance Professional either at the time you first purchase your policy or for any subsequent significant changes you may make to it . It is an official document identifying you as the insured , certifying the coverage you have , clearly identifying the vehicle or vehicles that are covered and , if need be , listing the lien holder or Leasing company with an interest in that particular car . The binder serves as temporary proof of coverage until your permanent declaration sheet and supporting documents are received by you . 