Do carriers offer grace periods for late payments?

What happens if I'm a little late on my insurance? My paycheck is late and I don't have enough money to cover my car insurance. I should be able to pay it in the next few days.

Answer provided by
Emily Maracle
Answered on Jul 19, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
“Whether your car insurance company offers a grace period for payments depends on their terms and conditions.
The best thing you can do is inform your car insurance company directly. If you let them know in advance that you need more time for a payment, they may be able to arrange something for you.
You could also check your online account. Some carriers give you the option to adjust your payment date. If you aren’t able to pay on your regularly scheduled day, you may be able to move it to a day you’re able to.
Either way, you’ll want to keep your insurance company informed to avoid any late payment fees or lapses in coverage.”

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