Is there a grace period for auto insurance to be late in Virginia and how many days does your policy cover per payment?

A grace period for the payment of premiums would be set forth in the insurance policy itself, as it is a matter of contract. Since insurance contracts are regulated by the State, the Department of Insurance would normally have ensured that the terms of the policy complied with any governing statute on the subject.

If there is a correlation between coverage duration and frequency of payment, it, too, would be set forth in the policy. In general, though, a monthly premium would normally correlate with a month of coverage, whereas, for example, a premium that is payable quarterly would normally correlate with three month's of coverage.

Naturally, the continued existence of coverage depends upon receipt by the insurer of the specified premium when due (inclusive of the grace period). Most often, a policy is issued for a term such as six months or a year. The premium payments may be extended over the whole or some part of that term. The policy will usually be subject to cancellation if premium payments are not made as agreed.
A grace period for the payment of premiums would be set forth in the insurance policy itself, as it is a matter of contract. Since insurance contracts are regulated by the State, the Department of Insurance would normally have ensured that the terms of the policy complied with any governing statute on the subject.

If there is a correlation between coverage duration and frequency of payment, it, too, would be set forth in the policy. In general, though, a monthly premium would normally correlate with a month of coverage, whereas, for example, a premium that is payable quarterly would normally correlate with three month's of coverage.

Naturally, the continued existence of coverage depends upon receipt by the insurer of the specified premium when due (inclusive of the grace period). Most often, a policy is issued for a term such as six months or a year. The premium payments may be extended over the whole or some part of that term. The policy will usually be subject to cancellation if premium payments are not made as agreed.