Caroline is buying homeowner's insurance.She knows it will take time between the submission of her application and the application's approval but she wants to get covered immediately.What does she need?

A) A binder
B) A short-term indemnity policy
C) Interim home damage coverage
D) Nothing,she is always covered as soon as her application is submitted.

Binder

A temporary insurance contract that provides coverage until a permanent policy is issued.

Homeowner's Insurance

Insurance coverage that protects against damages to a person's home and possessions within the home, along with liability coverage for accidents that happen at the home or at the hands of the homeowner within the policy territory.

Interim Home Damage Coverage

Temporary insurance protection for damages to one's home, typically used until permanent insurance takes effect or repairs are completed.