Tip #5: Accident Forgiveness or Similar Plans

  • Why It matters: Accident surcharges can add $1000 or more to your annual premium cost at a time when your ability to change insurance companies is limited.

  • What you should do: Accident forgiveness programs agree not to raise your premiums due to an accident.

  • TIP: Many companies surcharge for both at Fault and not at fault accidents so accident forgiveness is important for all drivers.