Auto Insurance Accident Forgiveness – How Does an Auto Insurance Accident Forgiveness Program Work?
Q: How does an auto insurance accident forgiveness program work? I was involved in a minor accident with less than five hundred dollars in damage and my current premiums went up almost thirty percent. Any advice would be appreciated. A: There are currently two differing types of accident forgiveness programs that we are aware of. The first is — if you are involved in a first accident and the total payout is less than $750 dollars, they will not increase your premium. This is a one time deal though so be aware that your rate will increase if you are involved in a second accident. The second accident forgiveness program is probably the one you have seen advertised on television. In this case any accident is forgiven in the sense that your premium will not increase. The catch is you have had to have a policy for the previous nine years with no accidents. Obviously this program is limited to one accident as well. There are several companies that offer accident forgiveness programs. Feel f
