Do auto insurance policies have a late payment grace period?

Administrator Member Since Oct 2016
Jul 18, 2013 02:12 AM 0 Answers

Insurance premium is also twisted into a myth. Maybe you have seen it online or heard it from people. There are people who believe that they can make premium payment late because there is grace period. If you try this with insurers you will be shocked to receive a notification of the cancellation of your policy. This is not a loan where you are given some months to clear with your financial company. This doesn’t happen and if you delay your payment your insurer. It is good not to be ignorant. Let your insurer know and will later restore your policy if it had been lapsed.
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