If you plan to bring your car to the same valet stand in the future, the valet parkers remember if you left a bad tip. âTwo dollars is ... cheap. Three dollars is better,â Ryder said. âFour dollars is appreciated more. Five dollars is great. Ten dollars is lavish.
Insurance Grace Period. DEFINITION of 'Insurance Grace Period'. A period of time after the premium due date in which a policyholder is able to make a premium payment without the insurance policy coverage lapsing. The insurance grace period can vary depending on the insurer and policy type.
Unfortunately, there is not a standard grace period offered by all insurance carriers. It really varies by insurance policy and state. Some insurance policies come with grace periods of three days, while others offer up to 30 days. Some companies offer a short grace period with no late fee and an extended grace period which includes a late fee.