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Tickets Points and Auto Insurance Rates

How long do points affect insurance premiums?

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Answered 2006-08-14 17:41:15

In most states, violations reported on your Motor Vehicle Report remain active and chargible for 3 years after the conviction date of the violation. After three years has past, you're most likely eligible for a better rate.

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Speeding tickets affect your insurance rates for at least 3 years in most states.



Long-term care insurance premiums are determined based on several different factors, these include: age gender current living status (single women pay more than married women) benefit period and benefit amoung elimination period state where you are location health history In addition, long-term care insurance premiums varied depending on the insurance company and if you have added any rider or feature like inflation protection into your policy, it can affect the premiums too.


Generally not. And you can usually take a tax deduction for the premiums you pay.Their are taxqulified plans and ones that or notANSWER:Long term care insurance benefits are not taxable but long term care insurance premiums can be. Depending on the type of policy, there is tax qualified policy. But your premiums can be tax deductible depending on your AGI and your age. For the year 2014, the internal revenue has increased the tax deductibility for long term care insurance premiums from $4,550 to $4,660.


when do points come of license for insurance


Personal life insurance proceeds are generally paid out free of income taxes as long as the premiums were paid with after-tax dollars. But if a business paid the premiums and deducted the premiums as an operating expense, then the life insurance proceeds would be taxable to the beneficiary.


One can apply for long term care insurance premiums by visiting the Federal Long Term Care Insurance Program website. One can view different plans and also read information regarding the plans and costs.



Yes, it is. Long term care insurance premiums are tax deductible. Premium payments are considered to be medical expenses and they are deductible as long as the medical expenses exceed 7.5% of the individual's income.


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It usually doesn't unless you pay the premiums. In most cases you can do something called COBRA which extends the insurance for up to six months, as long as you pay the premiums. It is rather expensive.


There are a lot of different types of insurance. Real insurance is any insurance policy that offers you a certain type of coverage in return for premiums paid by the insured. Private insurance and government are both real insurance as long as benefits are being exchange for premiums whether paid by the government or a private party.


If you file Schedule A (long form) you can deduct your health insurance premiums as a medical expense. If you pay this through your employer, most likely you have it paid from pre-tax income such as through a cafeteria plan, then you are not allowed to deduct the premiums.


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As long as the insured keeps their premiums current, the insurance company is bound to pay as agreed.


they put points on your license, then your rates go up about 100 dollars every 6 months.


No, because insurance companies have no way of knowing this, unless they are going to your mechanic and getting the information but that would take to long for all of the people they cover.Accidents and tickets can affect your deductible and monthly insurance payments.AnswerThe amount of miles/kilometers driven per year affects the rates of your premiums. (Please see the related link for more info about factors affecting your premiums)


A DUI will adversely affect your insurance regardless, but the degree of effectiveness depends on your history and your insurance company.


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Depends on your insurance company's policy.


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The ticket points immediately go on the license and remain there for three years. The insurance rates will not change unless the policy changes or is being renewed.


With Disability insurance, the taxation of benefits is based on how the premiums were paid. If the premiums are tax deducted, then benefits will be taxable as ordinary income. However, if the premiums were not tax deducted (meaning paid with after-tax dollars), the benefits will not be subject to income tax.


As long as you pay the insurance premiums, there is no limit to the number of cars one driver can insure. The insurance companies will be happy to do business with you.



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