![]() ![]() If the customer submits a binder, they will be required to submit proof of insurance again once the binder expires. Note that ‘advisors’ are licensed professionals and equivalent to the following titles per province: Submortgage Broker/Mortgage Broker in British Columbia, Mortgage Associate/Mortgage Broker in Alberta, Associate/Mortgage Broker in Saskatchewan, Salesperson/Authorized Official in Manitoba, Mortgage Agent/Mortgage Broker in Ontario, Mortgage Broker in Quebec, Mortgage Associate/Mortgage Broker in New Brunswick, Associate Mortgage Broker/Mortgage Broker in Nova Scotia, or Mortgage Broker in Newfoundland & Labrador. Binders are issued when a new policy is created and serves as a temporary proof of insurance document. Your car insurance policy is what you are actually buying from your insurance provider. Remember, the binder’s time span for coverage is quite short and is only meant to provide you with coverage during underwriting. nesto is not endorsed or sponsored by any of the financial institutions present on its website. The biggest difference between a car insurance binder and an actual policy is that the binder is temporary. nesto does not favor any financial institution in comparing rates for users – rates are ordered from lowest to highest, regardless of the financial institution. Licenses: Mortgage Brokerage Ontario #13044, Saskatchewan #316917, New Brunswick #180045101, Nova Scotia #202507230 Mortgage Brokerage Firm Quebec #605058 British Columbia, Alberta, Newfoundland/Labrador, PEI, Yukon, Nunavut, Northwest Territories. ![]()
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