Real Estate Glossary

What is Insurance Binder?

A document that provides temporary proof of insurance coverage, typically used as a temporary measure before a permanent insurance policy is issued. Insurance binders are typically issued by insurance agents and brokers when an individual or organization needs coverage right away but the policy has not yet been issued. Binder provides the coverage and protection in the meantime, but the full policy will have more details.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
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