The IRS Deductions Blog

Posts Tagged ‘car insurance’

Question: After you file a claim with your insurance agency for vandalism, when do you pay your deductible?

My car got keyed and I tried to buff it out some, the minor scratches came out but, the deep ones are going to have to be repainted. However, I do not have the $500 for the deductible yet. Will they allow me a few weeks to get it or how does that work? I really want to get it painted but, I am not sure how to go about it.

Answer: Try to deal it out of pocket, otherwise insurance rates will go up much more. You can check how quotes will change here – autoinsurance.noneto.com

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Social Security: Medicare questions? Help is available

Social Security: Medicare questions? Help is available

Car Insurance : How Do Body Shops Work With Car Insurance?

Question: Switching car insurance after claiming an accident?

We got into an accident in August 2008, we didn’t have the money to pay the deductible back then, we were allowed to reopen the claim and we’re taking our car in to get fixed March 1st, but we’re also canceling with State Farm(old insurance) at the end of this month and starting with AAA on March 1st. Will State Farm cover the claim still or will they not because March 1st we won’t be covered by them anymore? Please help!

Answer: They should cover any claim that occurred at the Time you insured with them. Call your new insurance agent and ask them for advice. You should really have no problem. Good luck

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St. Tammany school employees will face health care deductibles, co-pays

New plan will cut the system’s losses from about $8 million to $4.5 million

Auto Insurance : How to Increase a Deductible to Lower Premiums on Car Insurance

Question: Am I responsible for my insurance deductible if I am rear-ended in a no-fault state?

I was a passenger in an accident where the car I was in was rear-ended and suffered medical injuries. I was told that since i live in a no-fault medical state that I would need to use my own car insurance which has a $100 deductible. Can I recoup this loss from the other driver’s insurance or do I need to go directly to that individual via small claims court?

Answer: Try to deal it out of pocket, otherwise insurance rates will go up much more. You can check how quotes will change here – autoinsurance.undonet.com

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How to Write Off Your Vehicle Expense

There are many situations that allow you to write off mileage, but the rules can be tricky. Here’s what you need to know in case the tax man shows up at your door. 

Muffin in Car Insurance Ad!

Question: Return of Insurance Deductible. I live in Massachusetts. Was involved in car accident.?

My own insur. co. concluded that I was at fault and surcharged me. I appealed the surcharge and was found NOT TO HAVE BEEN MORE THAN 50% at fault for the accident. My insur. co. reversed the surchargable points that was initially assessed against me but refuses to refund my $500 Deductible, claiming that they believe I was at fault for the accident (despite the surcharge board of appeals–a higher authority—finding the opposite). So here is my question– How can my own insur. co. keep my $500 deductible (that should be assessed against me IF I AM FOUND TO BE AT FAULT FOR AN ACCIDENT—when I was found NOT TO BE AT FAULT BY THE SURCHARGE BOARD OF APPEALS—-My understanding is I must pay my deductible when I AM AT FAULT!—-What good is it to exercise my right of appeal if my own insur. co. can ignore the finding of the appeals board? Please refer to a statute and/or reg. if you can when answering this question. I repeat, I WAS FOUND NOT TO BE AT FAULT.

Answer: Read your policy. Your deductible applies regardless of fault.

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Dallas-area homeowners insurance rates vary widely, analysis finds

A new comparison of rates in the area by The Dallas Morning News found that the five largest companies don’t necessarily offer the best prices, despite their dominance of the market.Links: |

Car Insurance : How to Calculate a Deductible for Car Insurance