1. Jim Winkler
    CEO/Owner, Winkler Financial Group, Houston, Texas
    Great question! In most cases, insurance companies will give you what is called a "grace period". That is a period of time, normally between 15-30 days ( but call your agent to be certain about yours) that allows for late payments to be received or processed. Your coverage will end along with the grace period. In the event that you can't get a payment in to them before then, it may be possible to get your policy back, (reinstated) but you will have to pay for however much time has passed.Call your agent, explain your situation, and see if they can help you out. Good luck! If you need help, please feel free to contact me. Thanks for asking!
    Answered on May 3, 2014
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