Q&A: Allstate Auto Insurance Accident Forgiveness Program
Wednesday, March 4th, 2009
On MainStreet.com, Carl Winfield recently explained important facts about Allstate’s auto accident forgiveness program, which has been available since 2006 but is gaining attention now. It’s a tempting option to prevent increasing auto insurance costs, but it’s not for everyone. Here are some frequently asked questions and answers about their accident forgiveness policy.
Q: What exactly is auto accident forgiveness?
A: It’s a policy that will ensure that your auto insurance premiums do not rise after a car accident.
Q: How much does accident forgiveness normally cost on a policy?
A: There tends to be an additional fee added to accident forgiveness plans; an typical fee is about $43 added to the premium every six months. However, premiums can jump far higher with an accident; sometimes they may even double.
Q: Who is eligible for Allstate’s Your Choice policies with accident forgiveness?
A:
- Policyholders on the most inexpensive standard plan will have to maintain a clean driving record for five years before being eligible for accident forgiveness.
- Mid-range plan customers can take advantage of accident forgiveness immediately.
- Drivers with Allstate’s top-line, most expensive plan will also have access to accident forgiveness as soon as they buy the policy.
