Vehicle accidents are events no one wishes to encounter, because of the physical and emotional effect Most times, they financially drain the individuals involved. A lot of people are usually ignorant of the overall financial implication of such accidents and when they occur, it causes severe economic effects. Many people also have this wrong but common belief that auto insurance rates could significantly skyrocket after a wreck. This is a great fallacy, and some insurers have excellent Accident Forgiveness Vehicle Insurance packages. Accident Forgiveness Vehicle Insurance means that, in the event of an unfortunate accident, there would be no increase in rates. A lot of insurance companies currently offer these packages to policyholders. Examples of such companies are Allstate, Liberty Mutual Insurance, Nationwide, and Geico. Some basic requirements qualify you for this package; among which is having a decent driving record. Having a good driving record involves no previous at-fault crashes or infrequent traffic tickets. Facts About Accident Forgiveness Vehicle Insurance Packages Many people are pleased obtaining this outstanding discount, but the big question is "Is it worth it?" For a majority of the available plans, it commonly works in this manner: Your premiums will not increase following your first accident, and you have no worries; just don’t get involved in another crash. Here is the good news: if you maintain a good driving record, your premiums will likely reduce by as high as $100 yearly if you record no accidents. Therefore, you stand the chance of cheaper rates if you are very careful while driving. Careful drivers with good driving records can save significantly. Each insurance provider has unique specifics for Accidents Forgiveness Packages, hence the need to obtain several quotes if you wish to acquire this type of car insurance policy. Some insurers will immediately qualify careful drivers with a consistent good driving record for this insurance plan. Companies like Liberty Mutual Insurance will instantly register customers with a minimum of 5 years accident-free record at no extra fee. This may sound incredible, though, but you still get cheaper insurance rates from direct insurance providers. Carry out some online rate comparisons before you finally decide. Liberty Mutual Insurance has impressive reviews from policyholders for their policies, but their rates are relatively expensive when compared with other insurers offering similar plans. Many insurance providers impose specific time limits that policyholders must adhere to and be accident-free Some companies allow a maximum of 1 accident for each three years, while some set the limit at one accident per 6 years. There are also set restrictions on driving violations and other critical offenses like DUIs. If you have records of driving violations, it may disqualify you for most auto insurance packages in the market while some providers allow a maximum of one accident per three years. Get an online quote today from Good To Go Insurance and be fully protected with cheaper premiums. Accident Forgiveness Auto Insurance Rates If you wish to acquire one of these packages, it is important you know that their rates will usually increase by %10 annually. An important question to ask is what price hike are you guarding against if an accident occurs? Different insurance companies will have different answers to this question based on your residence. You may even be lucky that your rates will not increase after a collision even if you are not registered in an accident forgiveness scheme. However, a little fender bender can increase your rates by over 30%. Research reveals that some companies increase their rates by as high as 90% following an at-fault crash with slight damage. With accident protection, you may be saving a significant sum of money. If you reside in a rural area and with low mileage driving record, it may not be worth paying an extra cost of about 10% annually. It will be ideal to obtain a quote and check out if Accident Forgiveness Auto Insurance fits your budget. Get quotes online from about ten major insurance companies in less than 5 minutes. You may get lower rates, and you also have the options to cancel whenever you wish. Visit good to go insurance and get assistance to acquire the desired coverage at lower prices online.
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