What If You Have a 500 Deductible But Your Damages Are Less?

Answer When the cost of a potential insurance claim is less than the amount of the per-claim deductible, policyholders must decide whether it's worth filing a claim. This decision can be complicated by se... Read More »

Top Q&A For: What If You Have a 500 Deductible But Your Dama...

Are Paid Lawsuit Damages Tax Deductible?

Damages are a sum of money paid to a plaintiff who wins a civil lawsuit. There are several categories of damages that can be paid at the conclusion of a lawsuit. Certain types of damages are subjec... Read More »

What happens when damages caused by car wreck exceed the insurance coverage for property damages?

Answer ==Answer==Then, you will seek a civil remedy for the remainder--and accept a payment plan--if it was not your fault. However, if your car was totalled and you still owe money on it, then yo... Read More »

If you have an accident before the deductible is lowered but the claim is not filed until after which deductible applies?

Answer The deductible at the time of the accident not the time of claim.

What is the minimum deductible for high deductible health plans?

The minimum deductible for a high deductible health plan is $1,200 for an individual and $2,400 for families in 2010 and is set by the U.S. Department of the Treasury. This is up from $1,150 and $2... Read More »