Yes, Allstate has a grace period of 30 days for payments. During the grace period, policyholders can pay their past-due premium in order to avoid a lapse in coverage. If the grace period ends without the necessary payment being made, Allstate will cancel the policy. And even if the policyholder pays the balance within the grace period, Allstate will still charge them $10.
If you have autopay set up but don’t have sufficient funds to make a payment, Allstate allows you to delay the automatic payment for up to 6 days. However, this is separate from the grace period. After 6 days, you will be automatically charged, and if you cannot pay the owed amount, Allstate will send you a notice of cancellation.
When Allstate sends a notice of cancellation, it will include the final date that they will accept full payment before your coverage lapses. Since almost every state requires you to have car insurance, a lapse in coverage could lead to serious consequences, including fines and even a license suspension if you’re caught driving. Additionally, a lapse in coverage designates you as a high-risk driver and can make car insurance more expensive in the future, so it’s important that you pay your car insurance premium prior to the final cancellation date.
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