Are Insurance Claims Taxable

Key Takeaways Topic Summary Definition of insurance claim An insurance claim is a formal request filed with an insurance company to receive compensation for a covered loss or policy event. Taxability of most claims Most insurance claim payments are not considered taxable income. Exceptions Some types of claims may be partly or fully taxable, like … Read more

Do I Need an Attorney After a Car Accident?

Key Takeaways Key Takeaway Description Consult an attorney after any car accident injury Even minor injuries can have complications. An attorney protects your rights. Attorneys help maximize compensation They negotiate with insurance for full and fair payment for medical bills, lost wages, pain/suffering. Don’t talk to other driver’s insurer alone They seek info to pay … Read more

How Do Attorneys Get Paid For Car Accidents

Key Takeaways Method Description Contingency Fee Attorney only paid if case successful. 33-40% of settlement. Hourly Rate $150-$350/hour. Client pays all fees upfront. Flat Fee Set fee for entire case. Typically $500-$5,000. Hybrid Model Mix of contingency and hourly rates.   Attorneys can get paid for car accident cases in several different ways depending on … Read more

Finding the Best Accident Attorney in California: A 2023 Guide

Key Takeaways: Look for an accident attorney with at least 5-10 years of experience handling your specific type of accident case in California. Choose a lawyer with a strong record of recovering millions in compensation for past injured clients. Find an attorney who will customize their fees based on your case details, not just take … Read more

Does Liberty Mutual Renters Insurance Cover Theft?

Renters insurance is an important protection for anyone who rents their home or apartment. It provides coverage for your personal belongings in case of damage or theft. One major concern for renters is whether their policy will cover stolen items. In this comprehensive 2000 word guide, we’ll take an in-depth look at Liberty Mutual renters insurance and … Read more

What Does Liberty Mutual Renters Insurance Cover

Renters insurance is an important protection for tenants, covering belongings and providing liability coverage in case of accidents in the rental unit. Liberty Mutual is one of the major insurance companies offering renters insurance policies to customers across the United States. But what exactly does Liberty Mutual’s renters insurance cover? In this comprehensive guide, we’ll … Read more

Does Liberty Mutual Have Renters Insurance? A Comprehensive Overview

Introduction Renters insurance is a critical coverage that protects tenants’ belongings and assets in the event of damage, theft, or liability claims. With over 111 million renters in the U.S. as of 2019 and rising rents in many areas, demand for renters insurance continues to increase. Liberty Mutual is one of the top 5 largest … Read more

Does a GEICO Quote Impact Your Credit Score?

Introduction In the labyrinth of insurance inquiries and credit scores, one question often emerges like a beacon of uncertainty: “Does obtaining a GEICO quote have any influence on your credit score?” This query has become a conundrum for many seeking insurance coverage, and in this article, we embark on a journey to unravel the enigma. … Read more