Accident forgiveness car insurance is a good thing, but it’s not for everyone. Want to know if you can receive this coverage? Keep reading to learn more about what it entails.
What is Accidents Forgiveness Car Insurance?
If you are at fault in an accident, your car insurance rates will likely rise. Remember, your driving record is so crucial in determining your premiums. Hence, causing an accident will always result in a rate increase when you renew or shop for new coverage.
Accident forgiveness helps policyholders save money on their insurance rates. Some insurance companies include this coverage as standard, while others charge extra for it or combine the two.
Rules for Accident Forgiveness Car Insurance
Even if your motor insurance company offers accident forgiveness, not everyone is eligible, and they don’t forgive some occurrences. Here are a few examples of standard criteria and exclusions to remember:
There are no blemishes on the driving record
Most insurers require a clean driving record to qualify for accident forgiveness. For example, all policyholders over the age of 25 must have no chargeable at-fault accidents. Also, some may say no more than one minor or speeding citation and no DUIs to qualify.
Traffic penalties or citations are not permitted for drivers under 25.
There is only one accident per policy
Forgiveness does not come without conditions. Even if you have a lot of drivers on your insurance, it generally only covers one at-fault collision each year.
Factors to Consider in Accidents Forgiveness Car Insurance
Not all insurance companies offer accident forgiveness
It is also illegal in several states, including California.
Accident forgiveness has its limits
Accident forgiveness is frequently limited to a single accident per insurance rather than per driver.
The accident will stay on your driving record even if your insurance provider “forgives” it
Other insurers may be able to access your driving record. Hence, the accident might affect your future premiums if you switch insurance.
