Auto Claim Forgiveness
Protections
Protection of your good driving record and your premium for as long as you're with National Bank Insurance Auto | Home
We know that you want to be a good driver and we’re confident you'll do what it takes to prove it. That’s why with National Bank Insurance Auto | Home you’re forgiven for your first at-fault accident. To be clear, what we mean by forgiven is that you won’t face an any increase in your premium when it comes time for a policy renewal as a direct result of your first at-fault accident.
When you have Auto Claim Forgiveness, you can rest assured that your driving record and your premium will be protected for as long as you are with National Bank Insurance Auto | Home. We believe that good driving should be rewarded, so that's exactly what happens here.
Auto Claim Forgiveness Conditions
- The Auto Claim Forgiveness endorsement must be present on the current insurance policy
- You need to have been claims-free for the last seven years before you suffer from an at-fault accident occurs to reap the rewards of the Auto Claim Forgiveness benefits.
- The Auto Claim Forgiveness endorsement only applies to the vehicle that corresponds with it and it cannot be transferred onto any other vehicle on the policy.
- Auto Claim Forgiveness only covers the principal driver of the vehicle listed on the aforementioned policy.
- When it comes to an at-fault loss while the Auto Claim Forgiveness endorsement is valid, you must continue to maintain this coverage in order to remain qualified for the driving record.
- If you are convicted of a criminal code offence or a serious or major conviction, Auto Claim Forgiveness will not apply.
- The Auto Claim Forgiveness accident-rating waiver protects the policyholder while with National Bank Insurance Auto | Home. However, is not binding with any other insurer that provides car insurance to the owner of the car or the driver who was found to be at fault for the accident.
- In the event of a violation to any Statutory Conditions or policy condition within the context of an accident, Auto Claim Forgiveness coverage will not be applicable.
