Simply put, accident forgiveness is an insurance add-on that protects your premiums from increasing at renewal should you find yourself responsible for an accident. Unlike first accident car insurance, which only protects you from your first incident (not multiple) and is only applicable once per policy (not once per driver on a multi-driver policy), accident forgiveness insurance affords you more room to be human.
Does accident forgiveness save you money on car insurance?
Although you save when you get into an at-fault accident with Accident Forgiveness, there is a premium charge for the add-on. If you don’t qualify for Accident Forgiveness, there are still ways to get more value out of your car insurance policy. Consider MAPFRE Insurance’s Disappearing Deductible or bundling your home and auto insurance.
What is a first accident forgiveness?
First Accident Is Forgiven : The first accident you are responsible for is forgiven so it does not go on your driving record or affect your monthly payments. Standard With Some Companies : It may be included in policies for drivers who are eligible. Incentive To Drive Safe : It is an incentive to drive safely and stay claims free.
How does accident forgiveness work with Farmers Insurance?
Usually, accident forgiveness only applies to one accident per policy, not per driver on the policy. For example, Farmers forgives one at-fault accident for every three years you drive without an accident. Your accident will stay on your driving record, even if it’s “forgiven” by your insurance company.