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What else can I help you with?
I signed an auto insurance settlement for medical. can I change my mind?
No, by signing the settlement you are waving the insurance company and the opperator from any further liability.
Do you pay taxes on auto insurance settlement for bodily injury?
No. This type of settlement is not generally taxable.
Who reimburse your health insurance provider that paid for medical bills if you received a settlement from your auto insurance you or auto insurance?
The insurance company would pay them directly to make sure they are paid.
Can a bank offer you a settlement on a charged off auto loan and later refuse the settlement offer because you received a check from your auto insurance company to fix your car from an accident?
Yes, the bank or any lending institution can withdraw any offer unless a contract has been signed by all parties.
Can you use the money from the insurance company to buy a new equipment instead of fixing it?
You are not obligated to spend your auto insurance settlement claim check on a particular kind of repair. In fact, after payout, the auto insurance company has no legal ability to control or restrict how you spend your settlement money.
How much is the cash settlement amount from an insurance company for an auto accident?
As little as they can get you to accept.
Can you change auto insurance if you just was involved in an accident?
You can change your auto insurance at any time. It is up to the company to decide whether or not to accept your claim.
Does someone on Social Security Disability have to pay taxes on an auto insurance settlement?
The auto insurance settlement wouldn't be taxable unless you realize a gain from it. Being on Social Security Disability doesn't exempt you from paying any taxes that may be due as a result.
How do you cancel auto insurance?
Call your insurance company and ask what the policy is for removing coverage. You may not be able to if you signed a contract.
Which is the biggest auto accident insurance settlement in history?
Unfortunately, because most accident insurance settlements are kept confidential, it is impossible to know the largest settlement amount awarded in history. Settlement amounts typically vary by how much insurance one has on their vehicle, and the amount of damage done to the car and passengers.
When deciding to change auto insurance coverage, what on-line company gives an instant auto insurance quote?
Progressive offers you an instant quote.
Do you pay taxes for auto insurance settlement?
A settlement is usually split into two parts, recovery of damages sustained, and pain/suffering (putative). For recovery of costs, the settlement is not taxed. For pain/suffering it is taxed.
