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?
- 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.