What happens if you're late on your car insurance payment?

Answered by Home Insurance, Car Insurance Expert Alexah on December 27, 2020

I just missed a payment on my Camry. I will be paying it, but the payment is going to be late. What's going to happen?

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Home Insurance, Car Insurance Expert

If you are late on your car insurance payment, you may incur late fees and your policy may also be in jeopardy of being canceled. It’s important to make your payments on time because frequent late payments and/or cancellations can impact your rates down the road.

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