![]() If you meet those criteria, then your car insurance rate won't go up if you have a large claim.Īccident surcharges can be hefty and last for years. Rules for the programs vary, but some insurers require you to be a customer for a certain number of years before you qualify.įor its major accident forgiveness program, for instance, Progressive requires customers to be with the company for at least five years and for everyone on your policy to remain claim- and violation-free for the last three. Some insurance companies now offer accident forgiveness programs, which promise not to raise your rate the first time you have an accident after a period of remaining claim-free. "A loyalty discount probably isn't a big deciding factor," Gusner says. Some insurers also offer discounts for switching to them, which might cancel out any benefit of a loyalty discount with your current insurer. With Ameriprise Auto & Home Insurance, you have to stick with the company for three years to earn its tenure discount. State Farm in California, for instance, gives a loyalty discount for customers who stay for at least a year. ![]() The length of time you have to remain with a company for a discount varies by insurer and location. They range from about 2 to 10 percent, he says. ![]() Camara says of the nine companies with which his agency works, three have loyalty discounts.
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