Is There A Grace Period For Homeowners Insurance? 
Against popular belief , there is no Grace Period for any type of insurance.The purpose of insurance is to transfer your risk to an insurance company willing to take your premium in return for undertaking your risk . Could you imagine not paying your premium for 10 days past the expiration date , and the insurance carrier covering the home in the event of a fire ? No matter what , it is best to make at least an installment payment prior to the expiration of the policy in order to assure your renewed protection ; having said this , some carriers offer automatic renewal which assures that a policy will be renewed to the following term . In the case of automatic renewals , a carrier is required to invoice the customer at least 45 days prior to the expiration of the policy ; in some rare cases , we have seen the due date of an invoice past the actual inception date of the new term . We would never advise relying on a policy without having paid premium for the said term.Mostinsurance carriers will accept a premium payment after the due date ; this varies by carrier . Some companies may accept payment up to 14 days following the expiration of a policy and perhaps return payments received past that date ; on the other hand , some carriers may accept a payment as late as 30 days after expirationaccompanied by a Statement of No Losses signed by the insured . As a customer , it is not advisable to assume that you are covered by your Home Insurance Contractwhen premium has not been received ; the carrier is not contractually bound to accept late payments . If you need toobtain a quote and buy home insurance online , we have a link providing self service assistancein multiple States ; it may be used by Escrow/Closing Professionals , Mortgage Professionals , Real Estate Agents and directly by Consumers . An exemplary online experience for all ! WEBSITELINK 