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There is no grace period after signing a car lease. This assumes that there was no misrepresentation or fraud in the inception of the agreement. Also, dealerships generally display a No Cooling Off Period in the financing office and similar language is customarily on the lease and other documents.
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.