Accident forgiveness is an optional feature offered by some auto insurers that may prevent a driver's premium from increasing after a first at-fault accident. If you have ever worried about what happens to your car insurance rates after a fender bender, this is a coverage feature worth understanding before you shop. It is not available from all carriers or in all states but knowing how it works can help you make a smarter decision when comparing auto insurance policies.
How does accident forgiveness work?
When a driver with accident forgiveness is involved in a qualifying at-fault accident, the insurer may not raise the premium at the next renewal. Without this feature, an at-fault accident may result in a noticeably higher premium, sometimes for several years. At-fault accidents may affect insurance rates, with the impact varying by insurer and state. Think of accident forgiveness coverage as a buffer, a one-time safety net that may help keep your rates stable after a mistake on the road.
Who is eligible for accident forgiveness?
Eligibility requirements may vary by insurer and policy. Some carriers offer accident forgiveness for drivers who already have a clean driving record, while others may offer it as an add-on that can be purchased at any time. In some cases, a driver may need to maintain a claims-free record for a set period before qualifying for first accident forgiveness. If you are a safe driver who wants added peace of mind, it is worth asking your insurance agent whether you qualify and what it would cost to add to your current policy.
What are the limitations of accident forgiveness?
Accident forgiveness typically applies to a first qualifying at-fault accident only. It may not apply to serious violations, such as a DUI, or to accidents involving significant damage or injuries. The terms and conditions may vary by policy, carrier and state, so it is important to read the fine print before assuming you are covered.
One important distinction to keep in mind: accident forgiveness may affect the policy but not necessarily the driver's record with the state. A driving record may still reflect the accident regardless of whether the insurer waives the premium increase. In other words, accident forgiveness insurance protects your wallet, not your motor vehicle record.
To learn more about what factors may affect your auto insurance rates, read factors that affect car insurance rates on the Infinity Insurance Agency, Inc. (IIA) Knowledge Center.
Find affordable auto insurance options
IIA works with over 20 insurance carriers to help drivers find a personal auto insurance policy that suits their needs and budget. Whether you are looking for basic liability coverage or want to explore optional features like accident forgiveness coverage, our experienced, Spanish-bilingual agents are here to walk you through your options in plain language, no insurance jargon required.
Call 1-855-478-3705 or visit us online to get a free quote today.