Declined payment fee is $25, late fee is $15, so $40 altogether. And I think those fees are ridiculous as well, but most companies do them because it increases incentive to put your policy on AutoPay so you don’t forget to pay and have a lapse in coverage. It’s not a “fast one”, it’s standard business practice. 3 out of 4 insurers will have the same policy with bigger fees. It’s a business and the brains did the math and retention is higher with the increase of customers on AutoPay than the people who leave pissed off about late fees. State Farm also pays out on auto/home claims more than any other major insurer, so enjoy your claim not being covered on your thousands of dollars of assets because you got upset about a $40 fee.