This is a breakthrough for Allstate . Whoever came up with the concept is brilliant! The insurance company has found a way to collect more money for essentially nothing AND get credit as being super nice caring people. That's just super!
We even signed up for it.
But here's what it really is... the insurance companies are really just statistic crunchers. They know that most people will never use the foregiveness part (which is supposed to 'forgive' an accident in that they won't raise your rates because you are a safe driver.) So they crunch the numbers and figure the profit, based on those who would have their rates go up, by how much, etc., versus those who would likely not have an accident. Viola! Accident Forgiveness. More profit. Good imaging. Brilliant!