Some auto insurance companies will not raise
your premium after a first accident if you've had a clean driving record before that.
However, if you've signed up for accident forgiveness, you will not have to pay a high
premium after your first accident.
Not exact matches
Providing you drive well and don't have any
accidents, your insurance
premium should get cheaper
after the
first year.
Learn more about other Nationwide optional features like
Accident Forgiveness, which can prevent your rates from increasing
after your
first accident, and SmartRide, a usage - based program that rewards safe driving with discounted insurance
premiums.
If you're
accident and violation free for five years, Liberty Mutual won't increase your
premium after your
first car
accident (terms and conditions apply).
This helps keep insurance
premiums low even
after the
first accident.
This feature allows you to keep your insurance
premiums low, even
after your
first accident.
@Brian: Generally, an
accident or violation will impact your
premium at the
first renewal
after the incident.
At
first, an agent will give a
premium quote
after factoring in the cost of add - on covers, such as personal
accident cover for passengers, quick roadside assistance and loss of personal belongings.
For a 33 year old individual for a cover of Rs. 50 lakhs (and for 10 years
after death, a monthly income of Rs. 20,000 increasing @ 10 % simple rate of interest of
first year monthly income) for 30 years, the annual
premium comes to Rs. 8146 (without
accident benefit rider) and Rs. 10,553 (with an
accident benefit rider of Rs. 34 lakhs).
Geico provides their customers with
accident forgiveness, meaning car insurance
premium rates won't rise
after your
first accident or traffic citation even if you're found at fault.
details policy amt 500000 policy term 25 years polivy paing term 16 years
premium first year (24887 + st) natural death cover 500000 + bonus
accident rist cover 10,00,000 + bonus maturity
after 25 years13, 50,000 total
premium paid 3,90,152