Accident forgiveness prevents your rate from rising after a car accident. Every insurer defines and applies accident forgiveness differently when it comes to car insurance. For example, an insurance company can use accident forgiveness as a reward for driving well by applying a discount to your policy, or it could exempt you from the increase in the rate in the event of your first accident. At Progressive, some accident waivers are automatically included in most states.
Accident forgiveness comes in many forms, depending on your car insurance provider, and Progressive demonstrates this statement by doing things a little differently than most. You'll receive another discount simply for owning a home, even if your home isn't insured through Progressive's network of home insurance companies. Policyholders who celebrate the first anniversary of their Progressive insurance policy can reach the gold level. This level is also known as Platinum II, and members who reach this level have been insured for five years with Progressive Insurance.
However, we must know the benefits of Progressive Insurance's platinum membership to know what benefits will apply. This is Progressive Insurance's highest level and is only reached by members who have been insured for more than 20 years. It is a level that those insured with Progressive will reach for a continuous period of 10 years. It's a more time consuming membership, as it's only available to those insured for three years with Progressive or another insurer.