answersLogoWhite

0

Yes. If you add a vehicle within the 30-day grace period, you will be charged a premium for that time. In other words, you still pay for the coverage even though you added the vehicle some time after it was acquired by you. The grace period just means that the insurer will still cover it between the time you acquired it and the time that you notified them (as long it was within the prescribed time limit) and not require you to notify them first. This would make it difficult to register newly acquired autos.

User Avatar

Wiki User

18y ago

Still curious? Ask our experts.

Chat with our AI personalities

JordanJordan
Looking for a career mentor? I've seen my fair share of shake-ups.
Chat with Jordan
EzraEzra
Faith is not about having all the answers, but learning to ask the right questions.
Chat with Ezra
ProfessorProfessor
I will give you the most educated answer.
Chat with Professor

Add your answer:

Earn +20 pts
Q: Do you owe an insurance company money for the grace period?
Write your answer...
Submit
Still have questions?
magnify glass
imp