Your first car accident can be traumatizing and you shouldn’t have to worry about how much your auto insurance rate will increase. Accurate Auto Insurance is one of the best auto insurance companies in Chicago and will assist you after an accident.
What is Accident Forgiveness?
If you have a clean driving record, your insurance company will ignore your first accident and won’t raise your premium. Some companies may give you accident forgiveness immediately, while some will only allow it after you’ve been accident-free for as many as five years. Sometimes an insurance company will attach accident forgiveness to your policy and some may make it an add-on that you must purchase.
Even if you are a safe driver, you are still at risk for getting into an accident. Most accident forgiveness policies can be added to your policy for as little as $30 a month. The best method of figuring out if accident forgiveness is suitable for you is to see how much your insurance company would raise your rates after an accident. If it seems like a reasonable price, then maybe accident forgiveness is not right for you.
Is Accident Forgiveness Worth It?
Some critics believe that accident forgiveness is another way for insurance companies to squeeze more money from their clients. It really depends on how much it costs and if your rates will dramatically increase after an accident. Some things to consider are how likely you are to be in an accident and if the coverage applies to everyone on the policy.
Contact Accurate Auto Insurance and experience one of the best auto insurance companies in Illinois.