Collision forgiveness appears in so many TV insurance ads, it is good to know if an insurance company will really forgive drivers when they are involved in an accident. Standard auto insurance policies give the driver a lower rating when they are involved in an accident, and thus their premiums would go up. In contrast, collision forgiveness protection is a higher cost insurance feature from the onset of the policy but does freeze the first accident rate hikes.<\/p>\n
Some insurance providers make this feature built into their policies whereas other companies offer it as an add-on endorsement. Drivers can expect 10 to 20 percent higher rates for collision forgiveness policies, but it does protect them from increases should an accident occur.<\/p>\n
You will want to know how your provider will protect you when an accident happens, as some companies have only partial, not total, forgiveness policies.<\/p>\n
Total forgiveness policies will charge no increase in (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Collision forgiveness appears in so many TV insurance ads, it is good to know if an insurance company will really forgive drivers when they are involved in an accident. Standard auto insurance policies give the driver a lower rating when…<\/span><\/p>\n