What happens if I miss a payment on my insurance premium?

Asked 7 months ago
If you miss a payment on your insurance premium, it can have potential consequences. Firstly, your policy may be at risk of cancellation or non-renewal, leaving you without coverage. Additionally, there might be late fees or penalties associated with the missed payment. If your policy is canceled, reinstating it could be more challenging, and you may have to pay higher premiums. It is crucial to inform Harrison Insurance Agency immediately if you miss a payment, as they may have options to help you avoid the negative implications. Contacting them promptly allows for potential solutions such as rearranging payment schedules or discussing alternative payment methods. Open communication with the agency can help mitigate any adverse effects and ensure that you maintain the necessary coverage.
Adam Goldkamp is the editor / author responsible for this content.
Answered May 3, 2024

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