Assertion: binder | /r/HasProperty | temporary contract
Facets:
Source sentences:
text: FindLaw notes that a binder is a temporary contract that provides coverage to you until the actual auto insurance policy is issued.
text: Since the binder is the temporary placeholder while your policy is being completed, it shouldn’t take very long for you to get one.
text: Since it will take weeks or months to get the actual insurance policy, the binder is considered your “temporary policy”.