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.
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 as an insurance grace period is indicated in the insurance policy contract. Paying after the due date may attract a financial penalty from the insurance company.