Any insurer authorized to issue an automobile liability insurance policy may, pending the issue of such a policy, make an agreement, for a period which shall not exceed sixty days, to be known as a binder, or may, in lieu of such a policy, issue a renewal endorsement or evidence of renewal of an existing policy. The provisions of sections 38a-334 to 38a-336a , inclusive, 38a-338 , and 38a-340 to 38a-345 , inclusive, shall apply to such binders, renewal endorsements or evidences of renewal.
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