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.
Health insurance grace periods. There are few ways to fix late premium payments with individual health insurance coverage. Generally, grace periods are 30 days, although this period is governed by state laws. However, insurers will stop accepting claims a few weeks after your premium is due. When you pay your premium, they unlock (claim) payments, says Matt Tassey, past chairman of the Life and Health Insurance Foundation for Education.