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Accident forgiveness is not a new concept by any means, but it has become a key selling feature of many auto insurance providers in recent years.

A single accident, no matter how minor, can have devastating effects on your auto insurance premiums, potentially costing you thousands of dollars over the years. In these tough economic times, some families can’t afford to take chances, making the idea of accident forgiveness incredibly attractive.

So what exactly is accident forgiveness?
Accident forgiveness is a feature offered by some auto insurance providers, that “forgives” a driver for some sort of infraction, and does not negatively effect you rates as a result. Accidents aren’t the only things that count as infractions either. On most policies, this also includes some forms of tickets, particularly speeding tickets. Some companies include this feature in their policies as an extra selling point, while others may tack on an additional fee. Either way its most definitely going to be reflected on your premium in one form or another.

In the tradition of auto insurance, accident forgiveness is not this simple. The terms and conditions surrounding accident forgiveness policies vary greatly from company to company. The state you live in may also effect the availability and cost of accident forgiveness benefits. And don’t forget that not everyone will qualify for accident forgiveness, even if the particular auto insurance provider offers it to some customers.

In fact, most insurers, such as Allstate, don’t offer accident forgiveness benefits until you’ve had a clean record of 5 years, in addition to a slew of other various requirements a particular insurer may have. Most policies protect your current rates and discounts for a single accident.

Accident forgiveness is growing in popularity, and many more insurers are offering them as add-ons to policies, and some companies are even adding them to all policies for those that meet their standards. Don’t neglect reading the fine print on your accident forgiveness policy.

If you’d like to see if you qualify for accident forgiveness with all of the most reputable insurance providers, all you have to do is enter your zip code in the box above. If you think you may qualify for accident forgiveness, there’s a pretty good chance that you may apply for other safe driver discounts.

If you haven’t seen what rates are available lately, you’re probably missing out on lots of savings. With all the money you can save, you can invest in accident forgiveness benefits, and protect your low rates for one more ticket or accident.

Accident forgiveness may not be for everybody, but there’s no doubt that it does have its benefits. Again, the cost of accident forgiveness benefits from company to company, and some companies may not charge you at all. To see what accident forgiveness policies you qualify for, start by entering your zip code above.