missed insurance payment

What Is an Insurance Grace Period? Why It Can Save You From Losing Coverage

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Many people don’t realize how close they are to losing insurance coverage until they miss a payment. Sometimes nothing happens right away. Other times, coverage ends faster than expected. The difference often comes down to something called a grace period. If you’ve ever wondered what an insurance grace period is — or assumed it works … Read more

Does Missing an Insurance Payment Affect Your Credit Score?

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Missing an insurance payment can feel stressful, especially if you’re worried it might hurt your credit score. Some people assume one late payment automatically damages credit, while others think insurance payments have nothing to do with credit at all. The truth is more nuanced. Whether a missed insurance payment affects your credit score depends on … Read more