Geico has a nine-day grace menstruation if you can ’ metric ton make your requital on time. After that, your policy might be canceled. Geico does not have a belated payment tip, but if you miss a requital, they will send a formal cancellation notification within 14 days of the original due date. The notification will state the final date Geico will accept payment to avoid a lapse in coverage. If you do not settle the bill by that date, your insurance will be canceled .
There is no standard grace period offered by all indemnity companies. Geico extends this grace period as a courtesy to their customers .

What if I get into an accident during my grace period?

If you are involved in an accident during the Geico grace menstruation, damages will be covered as normal, according to your policy details. Outside of the nine-day grace period, though, you might not be covered and would have to pay for any damages out of pocket. For model, let ’ s say your payment was due January 1. You missed the requital, and on January 14, you rear-end another driver at a red light. You received a detect from Geico that your policy would be canceled on January 24 if you didn ’ t make a requital by that date. If you pay your premium right off, are you covered ? possibly .
Geico is within their rights to deny coverage for your January 14 claim. You pay car insurance in advance, and since you missed your agio payment and were outside of the grace period, you technically didn ’ t have policy. Geico may be willing to honor the shortcut date of January 24 provided in your formal detect, but they don ’ t have to. If you make a former payment outside the deck time period and immediately turn around and file a claim, you can expect any policy company to question and possibly deny the call.

This is the biggest reason why a grace period is not meant to be a default due date—it increases the risk of letting your coverage lapse by err, leaving you without indemnity .

What if I’m enrolled in autopay?

When you set up your policy, you can enroll in automatic payments to ensure your premiums are paid on time and your coverage doesn ’ deoxythymidine monophosphate sink. But if you need to, you can hush adjust your payment plans by logging into your on-line report and selecting the “ Postpone ” option under “ Automatic Payments. ”
If you do not see the “ Postpone ” choice available, you may not be eligible to delay requital. This can happen for any of these reasons :

  • You have already postponed your scheduled payment.
  • Geico has already processed the scheduled payment.
  • The current date is not within 11 days of the payment due date.

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