Is First Accident Forgiveness Real?

My insurance company, Liberty Mutual, has this forgiveness program. The first at-fault accident in 5 years for all drivers in the policy won't cause a premium increase. Does anyone know if this is as good as they claim? Do these insurance companies actually keep their promise? When they raise your rates (which happens from time to time), we don't really know the reason behind it.
Source of insurance-forums.net

Comments