Car insurance lapse grace period geico

You can drive your new vehicle during the grace period and get the coverage by your existing Geico policy if you already have Geico coverage. You will then get a termination notice, giving you another 12-14 days to cancel. Your policy will renew without lapse if paid within three days after that.

What's a car insurance lapse grace period? What's a car insurance lapse grace period? Missing a car insurance payment can lead to a coverage lapse, but many policies have a grace period. A grace period provides extra time to make up missed payments without risking policy cancellation.

The standard grace period for vehicle insurance is ten days from the due period of payment. However, there are two options. If you cannot pay on time, Geico gives you a nine-day grace period. When adding a new car to an existing Geico auto insurance policy, you have a 30-day grace period. Let’s find out how long before Geico cancels insurance.