All About Liberty Mutual’s Grace Periods
Liberty Mutual has a grace period of 10 to 14 business days for payments, with specific timeframes varying based on state law.
Written by Jacqulyn Graber
Reviewed by Kathleen Flear
Liberty Mutual’s grace period for missed payments is between 10 and 14 days, depending on your particular state’s laws. If you neglect to make your required payment by the end of your grace period, your policy will be canceled.
Car insurance is legally required in most states, which means that a lapse in coverage could cause some serious issues. Of course, you’ll face legal penalties if you’re caught driving without insurance, but you’ll also be forced to pay higher rates for future car insurance policies as providers will see you as an increased risk.
Fortunately, Liberty Mutual understands that life happens, and there may be a variety of valid reasons that you miss a monthly payment. That’s what their grace period is for! Here with all the details
Jerry
, the trusted car insurance app
that helps drivers secure great low rates with Liberty Mutual and over 55 other car insurance
companies! Does Liberty Mutual give you a grace period after your auto insurance expires?
Yes,
Liberty Mutual
offers a grace period for missed payments. It varies by state, but you can expect to have between 10 and 14 days after your regular payment due date to update your payment method and keep your insurance policy active. If you neglect to make your payment, Liberty Mutual will cancel your policy. Don’t worry—they’re required by law to notify you before doing so. You’ll either get an email or a letter in the mail that contains the final due date for your late payment—i.e., the very end of the grace period.
Do your very best to make your payment before the end of the grace period. You’ll likely be charged some sort of late penalty, but that fee is nothing compared to the expenses you could rack up if you let your car insurance lapse.
If you find yourself entirely unable to pay your bill within the established time frame, Liberty Mutual will cancel your policy. Since you’ll be without coverage, you should entirely avoid driving, and you may even need to turn your plates into the DMV.
The penalties for
driving without insurance
vary from state to state, but you can expect serious fines, license suspension, and even having your car taken to an impound lot. What are the benefits of a grace period?
A lapse in coverage can severely
impact your insurance premium
, but a grace period helps you avoid that altogether! Driving without insurance for even just one month can raise your rates by 8%, and if your license is suspended your rates will end up being even higher. RECOMMENDED
Compare auto insurance policies
No spam or unwanted phone calls · No long forms
Liberty Mutual continuous insurance discount
If you manage to avoid a lapse in your insurance, you’ll be eligible for continuous insurance coverage.
Plus, Liberty Mutual offers a loyalty discount for policyholders who continue to reinsure with the company year after year. A loyalty credit is usually in the form of a premium reduction. If your coverage lapses, you won’t be eligible for that discount anymore (unless you’re an active-duty military who was deployed overseas).
How long is a typical grace period for car insurance?
If an insurance provider offers a grace period, you can expect the average window to be around 10 days. However, not every provider is so lenient—which makes Liberty Mutual a little bit more generous than average!
MORE: How to add a driver to your insurance
Consequences of a car insurance lapse
Driving without car insurance is a very serious offense and your state will likely enforce some undesirable punishments if you’re caught. Here are the most typical consequences:
- Fines: You’ll likely get a ticket if you’re caught driving without car insurance, which can cost between $500 and $1,000 for a first offense and up to $5,000 for a subsequent offense.
- License suspension: In almost every state (California,Iowa, andWashingtonare the only exceptions) your license may be suspended for driving without insurance.
- Higher car insurance rates: If your coverage lapses, you’re automatically considered a “high-risk driver,” which means you can expect steeper rates the next time you shop forcar insurance quotes online.
- Vehicle repossession: If you’ve financed your vehicle, your lender could repossess it should your insurance coverage lapse.
What to do if your Liberty Mutual car insurance lapses
If you can’t make your payment on time, or if you discover that you’ve missed the grace period, you should call Liberty Mutual right away at 1 (800) 290-8711 to confirm with your insurance agent that your policy is indeed canceled.
An insurance agent might be able to reinstate your coverage if you make your payment right away. If not, you need to take a different approach.
The best option is to get a new policy right away. You can purchase that policy directly through Liberty Mutual, another provider, or you can use the
Jerry
app to search for the best auto insurance rates based on your driver profile. Jerry can also help ensure that your new policy meets your state’s minimum liability insurance requirements. Once you have new coverage, call your state’s Department of Motor Vehicles (DMV) right away to update your insurance information.
If you can’t purchase a new insurance policy right away, you should call the DMV and let them know you no longer have insurance. They’ll likely make you turn in your plates so that you cannot drive your car.
Compare insurance quotes from 50+ carriers with Jerry in under 45 seconds (Title in payload)
4.7/5 rating on the App Store | Trusted by 5+ million customers and 7 million cars4.7/5 app rating | Trusted by 5M+ driversHow to avoid a coverage lapse
Sometimes people miss payments simply because they’re forgetful, so it’s important to keep track of your policy’s monthly due date. You can even opt into Liberty Mutual’s automatic payment options which automatically charges a credit card or performs an electronic funds transfer (EFT) from your bank account each month.
If you find that your monthly due date is always difficult, you can log into your Liberty Mutual app to change your payment schedule and select a new monthly date.
If money is an issue, consider lowering your car insurance costs with
Jerry
. In just 45 seconds, you can check for lower rates on the coverage you need based on your driving history, credit score, and other factors. Liberty Mutual insurance grace period for new cars
Car insurance providers use the term “grace period” in another way, and it applies to new cars.
Liberty Mutual has a grace period of 30 days for new cars. This means that existing customers have 30 days to officially add a new car to their insurance policy and purchase any additional coverage that it might need.
During that grace period, the new car will be automatically covered by the existing policy.
How to find the best Liberty Mutual car insurance quotes
Chances are you chose Liberty Mutual as your car insurance provider for a reason—and that reason may have been that they offered the lowest rate the last time you shopped. But when was the last time you verified that the rates you're paying are currently the lowest ones out there?
If you want to save money on car insurance, the
Jerry
app is a good place to start. A licensed broker, Jerry does all the hard work of finding cheap quotes from name-brand insurance companies and helping you finalize your new car insurance. They’ll even help you cancel your Liberty Mutual policy. And to ensure you always have the lowest rate, Jerry will send you new quotes every time your policy comes up for renewal, so you’re always getting the coverage you want at the best price. This level of service is why Jerry earned a 4.7/5 rating on the App Store and made it the top insurance app in the country.
“I would 11/10 recommendJerry. I was originally quoted $700+ for insurance for my new car, but by using Jerry I got my payments down to $320 a month. They also have a great support team ready to answer any questions!” —Tobias F.
RECOMMENDED
Thousands of customers saved on average $887/year on their car insurance with Jerry
This app is great, but the customer service is even better! Not to mention convenient! My husband and I got the lowest rate (much lower than the rates I was finding online through my own searches), quickly, and pretty much all through text message! Thank you so much for a hassle free experience👍
Gabriella R.
Find insurance savings
4.7/5 Rating on App Store
