Car accidents can happen to anyone, no matter how careful a driver you are. Even the most experienced drivers can find themselves in a fender bender or worse. When you're involved in an accident, the last thing you want to worry about is how much your car insurance premiums are going to increase. That's where accident forgiveness insurance comes in.
Accident forgiveness is a feature that some insurance companies offer to prevent your rates from increasing after an at-fault accident. With accident forgiveness, your insurance company will waive the rate increase that you would typically receive after an accident. However, it is important to note that accident forgiveness does not protect your driving record. The accident will still appear on your driving record and may affect your rates if you switch insurance providers. In addition, accident forgiveness usually applies to one at-fault accident per policy term, and you will still need to pay a deductible.
Accident forgiveness insurance can provide peace of mind and cost savings to drivers who are worried about their premiums going up after an at-fault accident. However, it's important to weigh the cost of the insurance against the potential savings and consider the limited coverage and eligibility requirements. If you're considering adding accident forgiveness insurance to your policy, be sure to read the details carefully and talk to your insurance agent about your options.