Yes, Travelers has a grace period of up to 30 days for new cars, depending on the state. This means that existing customers have up to 30 days to officially add a new car to their insurance policy and purchase any additional coverage that it may need. During that grace period, the new car will be automatically covered by the existing policy.
Keep in mind that your new car will only be covered by the types of coverage you already have. For example, if you have a liability-only policy and cause an accident, your insurance won’t cover any damage to your vehicle. It’s also important to note that the Travelers new car grace period only applies to existing customers. Drivers without an active insurance policy must purchase coverage for the vehicle as soon as they buy it in order to avoid driving uninsured.
If you’re currently a Travelers customer, you can add a new car to your policy by going online, using the mobile app, or calling 1-800-842-5075. After you add the vehicle, you should expect your rate to go up, though the amount depends on the type of car that you purchase. Also, if you’re insuring your new car while keeping the old one, Travelers offers a multi-vehicle discount that can help keep your rate manageable.
If you’re a new customer buying a Travelers policy, you will need to provide the company with the vehicle identification number (VIN) and your personal information, including your driver’s license number and SSN. You cannot drive a new car off the lot without insurance, so you will need to have your policy set up on the same day that you buy the vehicle.
This answer was first published on 09/19/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
FAQs
How long is the GoAuto grace period? GoAuto Insurance offers customers a grace period of 10 days to pay overdue bills.
Is there a grace period for go auto insurance? ›
How long is the GoAuto grace period? GoAuto Insurance offers customers a grace period of 10 days to pay overdue bills.
How long do I have to add a new car to my Progressive insurance policy? ›
How long do I have to add a new car to my insurance policy? With Progressive, you have 30 days to transfer your insurance to your new car. The coverages you have on your previous vehicle will still apply to your new car during that period. Simply log in or call us at 1-800-776-4737 to add the vehicle to your policy.
How long do you have to get insurance after buying a new car in California? ›
California has a new-car insurance grace period of 30 days in most cases. The new-car grace period is how long you have after purchasing a vehicle to get a car insurance policy for it and provide proof of insurance to the California DMV.
Do Travelers pay claims well? ›
Leif Olson, Car Insurance Writer
Travelers is decent at paying claims compared to the average insurance company, according to J.D. Power's latest claims satisfaction survey. Travelers scored 864 out of 1,000 for their claims process, compared to the industry average of 873 out of 1,000.
Do all insurance policies have a 30 day grace period? ›
The insurance grace period can vary depending on the insurer and policy type. Depending on the insurance policy, the grace period can be as little as 24 hours or as long as 30 days. The amount of time granted in an insurance grace period is indicated in the insurance policy contract.
How much is grace period in insurance? ›
Most insurance companies offer a grace period of 15 days for the payment of medical insurance renewal premiums. But, there are also other companies that offer a grace period of 30 days. The duration of the grace period can vary depending on the insurance company and the type of mediclaim policy that you buy.
Does Progressive Insurance have a 10 day grace period? ›
Progressive offers a grace period if you're late on payments. However, after 10 to 20 days, depending on your state's law, you could face a lapse in coverage. If you're struggling to make your payments, reach out to Progressive immediately to see what options it can offer.
Who is cheaper, Geico or Progressive? ›
Geico's rates are typically lower overall, but Progressive tends to offer better prices to high-risk drivers. High-risk drivers are those with a recent DUI, at-fault accident or speeding ticket on their driving record. Of course, costs vary by driver, and your rates are determined by a number of factors, including: Age.
Why is progressive insurance so expensive? ›
If you buy directly from a Progressive company, your car insurance price reflects the cost of staffing and maintaining the sales centers, and a larger portion of our marketing costs.
Registration for a Vehicle Purchased from a Private Party
Buyers have 10 days after purchasing the vehicle to transfer ownership from the seller to themselves, and sellers have 5 days after the sale to report the transfer of ownership to DMV.
Can you return a new car after purchase in California? ›
Contract Cancellation Option Agreement Vehicle Returns
The buyer must return the vehicle: To the dealer where purchased by close of business within two days, or within the time-frame allowed by the contract. Without exceeding the miles permitted by the contract.
What is the cheapest insurance in California? ›
Per our research, Geico and Mercury are among the cheapest options for California drivers.
Why is Travelers car insurance so expensive? ›
Travelers is so expensive because car insurance is expensive in general, due to rising costs for insurers. But at $639 per year, the average Travelers car insurance policy is actually cheaper than coverage from most competitors. In fact, Travelers is one of the cheapest car insurance companies nationally.
Is Travelers owned by Geico? ›
Travelers Insurance is owned by its shareholders, as it is publicly traded, and it does not have a parent company. On the other hand, Geico is a separate company that is owned by Berkshire Hathaway.
Is Travelers a reliable insurance company? ›
Although Travelers boasts few customer complaints, its customer satisfaction ratings are below average for both auto insurance shopping and claims, according to 2023 J.D. Power satisfaction studies.
How long can you go without car insurance before being penalized in PA? ›
Otherwise, a lapse of insurance coverage results in the suspension of your vehicle registration privilege for three months, unless the lapse of insurance was for a period of less than 31 days and the owner or registrant proves to PennDOT that the vehicle was not operated during this short lapse in coverage.
Can a lapsed insurance policy be reinstated? ›
If it has only been a few days since your policy has lapsed, you can likely reinstate the policy without much hassle. If it has been several months or years, you might be able to reinstate your policy, but you will likely have to go through a reinstatement process with a new application.
What is the grace period for cancelling insurance? ›
Typically, this period is 15 to 30 days, though it varies from contract to contract.
Is there a grace period for car insurance in SC? ›
When Should I Get Insurance For a New Car? New car owners in SC have a 30-day grace period to obtain insurance. However, there are no laws governing how long you have before switching an existing policy to a new vehicle. For a financed car, you must provide proof of insurance before driving off the dealership's lot.
