Reviewed by Shannon Martin, Licensed Insurance Agent.
First, don’t panic. We all have moments of missing things, but you’re going to want to call your insurance provider to let them know you’re aware you missed it and pay the bill as soon as you can.
Typically, you’ll be given notice that you must pay within a set period or risk
. The amount of time you’re given depends on the company but will often be between 10-30 days, and you may face a late fee. If you’re confused about the specifics of how long you have or have questions, check your contract and/or call your insurance company.
Your policy will likely be canceled if you habitually miss payments or if you haven’t paid the company by the end of the pay period. If you have trouble remembering payments, it may be a good idea to set up autopay with your bank.
If you need new insurance (or cheaper insurance) but don’t want to go through the hassle of looking for a new policy, use
! Jerry will compare your current coverage with other policies to save you money. It will even do all of the paperwork for you, so you get the coverage you need with none of the hassles.
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.