Financial Information
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#2 written by stacy y 1 year ago
It really depends on your insurance co. I work for an insurance co in Southern California and on day 11 of non payment they will charge a $ 7 late fee. If you haven’t paid by day 21 they cancel your policy. You can also call your insurance company and ask for an extension or to change your due date. My suggestion is to contact the insurance co and see what they can do for you. At any rate in California they have to give you notice before they cancel your policy. I hope this helps.
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#3 written by STEVEN F 1 year ago
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#5 written by aerowrite 1 year ago
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#6 written by Leslie T 1 year ago
grace periods are practically a thing of the past, better check with your company to find out exactly how they work, some companies call it a grace period (meaning they accept a late payment) but you don’t have coverage during that period and alot of companies look at the postmark date to determine date received
better be safe than sorry -
#8 written by oldhippypaul 1 year ago
as has been stated above most policies have a grace period. This will however show as a late payment o your credit report. Which is not a big thing one time. And if you are in school no one expects you to have a good credit report anyway. We are all broke during school. The most important thing is to call your agent and find out exactly were you stand. He/She can give the only advice worth taking. Just be up front with her/him
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#9 written by Ron H 1 year ago
Depending on what company you’re with, you should have a short “grace” period. My company is 9 days with the payment having to arrive by the 10th or you are cancelled. You then have 90 days to reinstate (get same discounts, etc. that you had before you were cancelled) ..but you are not covered. State could suspend your license if stopped.
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#10 written by yowhatsup2day 1 year ago
If it is the renewal for your insurance, you know where you get the new little stub to carry with you saying your insurance is valid, and you do not pay on that date, usually your insurance will expire with no grace period. If it is a monthly payment and you already have your little stub that says how long your insurance is good for, then you might have some grace period. I would call your insurance company to find out. Usually never later than 10 days is allowed. They do not like you to do it at all. I would wait for the calculator and pay the insurance. A calculator is not going to come in handy except for adding up damages if somebody dings your car. Or worse and lets not think about that.
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#12 written by cindy 1 year ago
just don’t get into an accident or get pulled over. the expiration date on your card will stand. if you don’t make the payment on time, then, the insurance company can deny payment and you will receive a ticket for no insurance. once you make the payment, the insurance company will issue you new cards with the effective date as the day they received payment. if they already sent you the cards and they haven’t expired, then, they are okay to show if you only get pulled over to keep you from getting a ticket, but they will not protect you from an accident and you will be held responsible.
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#15 written by dslant6 1 year ago
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You won’t be covered during the time that you failed to pay your insurance premiums.