If an insurer is approved to sell auto insurance that provides a $100 refund after one year if the insured is accident-free during the year, why is this not rebating?

Explanation :

          An auto insurance or vehicle insurance is an insurance for trucks, cars, bikes  and other road vehicles which provide financial protection to any physical damage or injury which results from any road side accident or traffic collision. It also covers insurance of the vehicle in case of theft.

         In the context, the value offered to make a sale is only the rebate if this is not included in the contract of the insurance. Therefore, in this case the hundred dollar is not rebate but a part of the policy.

of what agreement it does not show