Well if the binding is missing or loose because of an impact then you might want to look at the inside of the guitar.
It could also be loose because some dummy left it in their car on a hot day.
Binding is there for a reason not just because when tastefully done it looks good too. But it doesn't usually just separate.
If it was a vintage guitar that would be different.
If it is an innocent separation of binding imho it would mean it was just not installed properly, which is possible. Otherwise it could be an indication that something else is going on there.
Stuff happens as they say but you should look into it.
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