diff --git a/homeassistant/helpers/config_validation.py b/homeassistant/helpers/config_validation.py
index 056d45ad656512..26de41387f5dc6 100644
--- a/homeassistant/helpers/config_validation.py
+++ b/homeassistant/helpers/config_validation.py
@@ -613,6 +613,7 @@ def validator(value):
     vol.Optional(CONF_ALIAS): string,
     vol.Required("wait_template"): template,
     vol.Optional(CONF_TIMEOUT): vol.All(time_period, positive_timedelta),
+    vol.Optional("continue_on_timeout"): boolean,
 })
 
 SCRIPT_SCHEMA = vol.All(
diff --git a/homeassistant/helpers/script.py b/homeassistant/helpers/script.py
index a139be4b2607bf..acaeb545815518 100644
--- a/homeassistant/helpers/script.py
+++ b/homeassistant/helpers/script.py
@@ -30,6 +30,7 @@
 CONF_EVENT_DATA_TEMPLATE = 'event_data_template'
 CONF_DELAY = 'delay'
 CONF_WAIT_TEMPLATE = 'wait_template'
+CONF_CONTINUE = 'continue_on_timeout'
 
 
 def call_from_config(hass: HomeAssistant, config: ConfigType,
@@ -143,7 +144,8 @@ def async_script_wait(entity_id, from_s, to_s):
                     self.hass.async_add_job(self._change_listener)
 
                 if CONF_TIMEOUT in action:
-                    self._async_set_timeout(action, variables)
+                    self._async_set_timeout(
+                        action, variables, action.get(CONF_CONTINUE, True))
 
                 return
 
@@ -214,17 +216,23 @@ def _async_check_condition(self, action, variables):
         self._log("Test condition {}: {}".format(self.last_action, check))
         return check
 
-    def _async_set_timeout(self, action, variables):
-        """Schedule a timeout to abort script."""
+    def _async_set_timeout(self, action, variables, continue_on_timeout=True):
+        """Schedule a timeout to abort or continue script."""
         timeout = action[CONF_TIMEOUT]
         unsub = None
 
         @callback
         def async_script_timeout(now):
-            """Call after timeout is retrieve stop script."""
+            """Call after timeout is retrieve."""
             self._async_listener.remove(unsub)
-            self._log("Timeout reached, abort script.")
-            self.async_stop()
+
+            # Check if we want to continue to execute
+            # the script after the timeout
+            if continue_on_timeout:
+                self.hass.async_add_job(self.async_run(variables))
+            else:
+                self._log("Timeout reached, abort script.")
+                self.async_stop()
 
         unsub = async_track_point_in_utc_time(
             self.hass, async_script_timeout,
diff --git a/tests/helpers/test_script.py b/tests/helpers/test_script.py
index 4297ca26e7dcac..7e60cc796ccb15 100644
--- a/tests/helpers/test_script.py
+++ b/tests/helpers/test_script.py
@@ -375,8 +375,8 @@ def record_event(event):
         assert script_obj.can_cancel
         assert len(events) == 2
 
-    def test_wait_template_timeout(self):
-        """Test the wait template."""
+    def test_wait_template_timeout_halt(self):
+        """Test the wait template, halt on timeout."""
         event = 'test_event'
         events = []
 
@@ -393,6 +393,7 @@ def record_event(event):
             {'event': event},
             {
                 'wait_template': "{{states.switch.test.state == 'off'}}",
+                'continue_on_timeout': False,
                 'timeout': 5
             },
             {'event': event}]))
@@ -412,6 +413,81 @@ def record_event(event):
         assert not script_obj.is_running
         assert len(events) == 1
 
+    def test_wait_template_timeout_continue(self):
+        """Test the wait template with continuing the script."""
+        event = 'test_event'
+        events = []
+
+        @callback
+        def record_event(event):
+            """Add recorded event to set."""
+            events.append(event)
+
+        self.hass.bus.listen(event, record_event)
+
+        self.hass.states.set('switch.test', 'on')
+
+        script_obj = script.Script(self.hass, cv.SCRIPT_SCHEMA([
+            {'event': event},
+            {
+                'wait_template': "{{states.switch.test.state == 'off'}}",
+                'timeout': 5,
+                'continue_on_timeout': True
+            },
+            {'event': event}]))
+
+        script_obj.run()
+        self.hass.block_till_done()
+
+        assert script_obj.is_running
+        assert script_obj.can_cancel
+        assert script_obj.last_action == event
+        assert len(events) == 1
+
+        future = dt_util.utcnow() + timedelta(seconds=5)
+        fire_time_changed(self.hass, future)
+        self.hass.block_till_done()
+
+        assert not script_obj.is_running
+        assert len(events) == 2
+
+    def test_wait_template_timeout_default(self):
+        """Test the wait template with default contiune."""
+        event = 'test_event'
+        events = []
+
+        @callback
+        def record_event(event):
+            """Add recorded event to set."""
+            events.append(event)
+
+        self.hass.bus.listen(event, record_event)
+
+        self.hass.states.set('switch.test', 'on')
+
+        script_obj = script.Script(self.hass, cv.SCRIPT_SCHEMA([
+            {'event': event},
+            {
+                'wait_template': "{{states.switch.test.state == 'off'}}",
+                'timeout': 5
+            },
+            {'event': event}]))
+
+        script_obj.run()
+        self.hass.block_till_done()
+
+        assert script_obj.is_running
+        assert script_obj.can_cancel
+        assert script_obj.last_action == event
+        assert len(events) == 1
+
+        future = dt_util.utcnow() + timedelta(seconds=5)
+        fire_time_changed(self.hass, future)
+        self.hass.block_till_done()
+
+        assert not script_obj.is_running
+        assert len(events) == 2
+
     def test_wait_template_variables(self):
         """Test the wait template with variables."""
         event = 'test_event'