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What to know about motorcycle insurance coverage. Motorcycle insurance may provide medical coverage depending on the plan you’ve signed up for. Most motorcycle insurance companies offer the ...
“To take advantage of this, you must itemize your medical expense deductions on your IRS 1040,” said Danielle K. Roberts, Medicare insurance expert and co-founder of Boomer Benefits.
The insurance company will ordinarily pay the judgment, up to the policy limits, once a court determines that an uninsured motorist was at fault. Some states' laws also allow additional insurance coverage to the insured policyholder through policy stacking provisions, whereby a claim may be made against multiple uninsured motorist policies.
The average annual deductible for a single person was $6,575 in 2023. If it seems you’re having more trouble covering that deductible, it’s not just your imagination. Deductibles in the United ...
The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...
On May 1, 1985, electrical engineer Larry McAfee became completely paralyzed and ventilator dependent following a motorcycle crash. After he quickly exhausted his $1 million insurance deductible, he was shunted into a series of nursing homes for Medicare and Medicaid recipients unaccustomed to working with young, nonterminal patients.
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