Are auto insurance accident proceeds taxed?

After a vehicle accident, you may receive compensation. If this happens, one of your next actions should be determining whether you received taxable insurance proceeds. The Internal Revenue Service (IRS) has specific guidelines in place to determine which insurance proceeds are taxable. The IRS considers each type of payment to have specific purposes, so the…

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Where to Get Pictures of My Vehicle Taken for Auto Insurance (2024)

When you are purchasing auto insurance, some companies require you to submit pictures of your vehicle. You need to get car insurance pictures taken through your local insurance office, in most cases, so you may need to search “insurance pictures near me” online. It is a way of keeping drivers from filing a claim for…

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Can your auto insurance company drop you after a claim?

Whether you are wondering if you can cancel car insurance or if an insurance company can drop you after an accident, the answer is yes to both. You can cancel car insurance whenever you want, even after an accident. You may have to pay a cancellation fee if you cancel before the end of your…

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What happens if you total your car with no insurance? (2024)

What happens if you total a car without insurance? If you cause an accident, your collision insurance will pay for repairs to your car. It’ll also pay for your car’s actual cash value if it is declared a total loss. Read more to find out exactly what collision insurance is and what it covers. However, what happens…

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Top 5 Deadliest Vehicle Defects (2024)

We all know there are serious risks involved in operating a motor vehicle, but many people don’t realize there’s a statistically high chance for hidden defects by vehicle manufacturers, like ticking time bombs, to be lurking in their perfectly tuned, “Top Safety” rated, dependable vehicles. Deadly manufacturer defects are much more common than most people…

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Can auto insurance companies check your phone records?

Can auto insurance companies check your phone records? Your car insurance company may request a lot of different information from you when you file an auto insurance claim. Claims adjusters will want to examine the damage, police reports, eyewitness statements, and more to determine if your insurance coverage applies. One thing you may not have…

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Does auto insurance cover transmission repair?

Your transmission controls how quickly the energy from your car’s engine reaches your wheels and driveshaft. Whether you’re driving six or 60 miles per hour, this part ensures that your car moves forward steadily and smoothly. As a result, keeping it in good condition is essential for driving safely. If your transmission is out of…

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Does auto insurance cover arson?

There are countless chaotic events that could affect an automobile. Incredible natural disasters or even something falling out of the sky could cause major damage. Amazingly, these incidents may end up being paid for by the right insurance coverage. Arson is one such scenario that may severely damage a vehicle. Few would ever dream their…

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Can I keep my car if the insurance company totals it? (2024)

If my car is totaled, can I keep it? You can keep your car if the insurance company totals it and your state laws allow you to keep it with a salvage title. However, your state may not allow you to drive or sell vehicles with salvage titles. You’ll also get a smaller insurance payout…

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How to Dispute an Auto Insurance Claim in 2024

Getting into an auto accident and going through the process of filing an auto insurance claim can be a major headache if you don’t have all your ducks in a row. Even worse is finding out you won’t have the coverage you need, and your claim is being denied. Claims can be denied for a…

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Does damage to a parked car cause insurance rate increases?

Damage to a parked car can cause insurance rate increases if you have to file a claim on your uninsured/underinsured (UM/UIM) motorist coverage. However, this only applies if it was a hit-and-run or the other driver has inadequate or no insurance. The at-fault driver’s liability auto insurance will pay your damages if you locate them….

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Does auto insurance cover car seats?

When you have a baby, one of the most important purchases you make is their car seat. And if you’re ever in an accident with your child, a proper car seat will help to protect your most precious cargo. However, you will also need to replace your car seat after it has been in an…

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What is a fair settlement for an auto accident?

If you’ve been in a car accident, the last thing you want to worry about is getting a fair insurance settlement. But, what is a fair settlement for an auto accident? Many vehicular accident victims should be adequately compensated for damages relating to personal injuries, including pain and suffering, and property loss. People coming out…

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If someone hits my car, do I call my insurance or theirs?

If you are in a car accident, you may be in shock and not know what steps to take. Even in you think you know who is at fault, you may wonder whose insurance company you should call. You have exchanged information with the other driver and gotten their insurance company’s phone number. Although you…

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What are the recommended auto insurance coverage levels?

Knowing which level of auto insurance you need can be confusing.  There is no end-all-be-all of coverage that will suit each customer perfectly. Compare rates to see all the options available for you so you can choose the best available. Enter your ZIP code above into our free auto insurance comparison tool to see the…

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Does cheap no-fault auto insurance exist? (2024)

If you live in one of the 12 no-fault states, auto insurance laws require you to purchase additional coverage limits beyond traditional liability policies, like personal injury protection (PIP). Fortunately, cheap no-fault auto insurance does exist, and our guide will help you find it. Nationally, personal injury protection (PIP) auto insurance coverage costs around $175…

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Top 5 Tips for Avoiding Highway Hypnosis (2024)

Imagine you’ve finished up work for the day, and you’re heading home. You get into your car and start down the same route you always take. Before you know it, you’ve pulled into your driveway. You don’t remember anything, not even if you followed traffic laws. Highway hypnosis might sound mystical, but it’s a common…

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The Consequences and Dangers of Speeding (2024)

There are many surprising statistics about speeding in America. You probably don’t know which car model has the highest rate of ticketing or just how dangerous going over the limit really is. Below is a collection of speeding data to get you up to speed about driving fast. Read through the speeding statistics, speeding facts,…

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