auto injury claim tax deductible

auto injury claim tax deductible :

• Are Auto Insurance Costs Tax Deductible

Your auto premiums are not tax deductible if you are only using your car for personal use. However, if you are self employed or have a job that requires you to use your vehicle for work related matters then you may be eligible to deduct a portion of your annual fee. Typically commuting does not count as a work related matter unless you are traveling a very far distance. Also, if your employer compensates you fully for using your vehicle at your job you cannot claim any deductibles. Read More

• Phoenix Personal Injury Law Firm Solomon & Relihan Provides Car Accident Resources on Newly Designed Website

After a car accident, most people have a number of questions and are unsure what actions they should take. By visiting Solomon Relihan’s Accident Help Center, individuals can review steps to take after a car accident and read about whether they may have a personal injury claim. The Accident Help Center also provides information about managing auto insurance issues — from filing an auto insurance claim in Arizona to learning what to do if you are involved in an accident with an underinsured or uninsured motorist.

In addition to the Accident Help Center, the updated site also has a link to request a copy of the motor vehicle accident report created by the Phoenix Police at the scene of the accident.

To help you understand more about motor vehicle accidents and injury law before you speak to a lawyer, check out the information centers provided on the site. These include a general overview on motor vehicle accidents and drunk driving accidents, and in depth information on motor vehicle rollover crashes and uninsured motorist coverage.

To schedule a free consultation following a car accident, contact Solomon Relihan, P.C. or by calling 602-387-3000. Read More

Progressive (PGR) Hits New 52-Week High at $21.29

Progressive (PGR) Hits New 52-Week High at $21.29 : Shares of Progressive (PGR) hit a new 52-week high on Friday. The stock traded as high as $21.29 during mid-day trading and last traded at $21.25. The stock previously closed at $21.13.

Separately, analysts at Bank of America Merrill Lynch upgraded shares of Progressive from a “neutral” rating to a “buy” rating in a research note to investors on Friday, March 4th. Also, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Progressive in a research note to investors on Wednesday, February 23rd. They now have a $21.00 price target on the stock.

The Progressive Corporation is an insurance holding company. As of December 31, 2009, the Company had 53 subsidiaries and one mutual insurance company affiliate. These insurance subsidiaries and affiliate provide personal and commercial automobile insurance and other specialty property-casualty insurance and related services. Its property-casualty insurance products protect its customers against losses due to collision and physical damage to their motor vehicles and uninsured and underinsured bodily injury, and liability to others for personal injury or property damage arising out of the use of those vehicles. Its non-insurance subsidiaries support its insurance and investment operations. The Company operates its businesses throughout the United States. In December 2009, it began selling personal auto insurance in Australia.

Shares of Progressive traded up 0.57% during mid-day trading on Friday, hitting $21.25. Progressive has a 52 week low of $18.41 and a 52 week high of $22.13. The stock’s 50-day moving average is $20.57 and its 200-day moving average is $20.5. The company has a market cap of $14.026 billion and a price-to-earnings ratio of 13.12.

Progressive last announced its quarterly results on Thursday, January 20th. The company reported $0.45 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.36 EPS by $0.09. During the same quarter in the prior year, the company posted $0.46 earnings per share. The company’s quarterly revenue was down 3.6% on a year-over-year basis. On average, analysts predict that Progressive will post $0.39 EPS next quarter. 

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Farm Bureau warns of dangers of texting while driving

Automobile Insurance ~ Farm Bureau warns of dangers of texting while driving : Oklahoma Farm Bureau Safety Services has added a new video to their defensive driving program describing the dangers of sending text messages while driving.

The video tells the story of Dallas Hutchinson, who was killed in an automobile collision on July 18, 2010, while texting and driving. Cheryl Nichols, Hutchinson's mother, is featured in the video as she details the collision that took her son's life.

"Dallas was 23 years old," Nichols said of her son. "He didn't like cell phones at first, but once he learned how to text--it was like an addiction."

OFB Safety Services shares Nichols' story to curb drivers' use of text messaging while operating motor vehicles.

"This video gives us the opportunity to teach drivers around the state of Oklahoma about the real consequences of texting and driving," said Justin Grego, director of OFB Safety Services. "People who drive on our state's roads have a real concern about their fellow drivers texting."

In the video, Nichols tells the events that happened the night her son was killed. She warns drivers that losing a loved one because they were texting and driving is a painful experience.

"We just need to put our phones away," Nichols said. "It can wait. It really can."

OFB Safety Services provides defensive driving programs to drivers across the state. Oklahoma Farm Bureau members who have their automobile insurance through the Oklahoma Farm Bureau Mutual Insurance Company can receive a discount on their auto insurance upon completion of the course. The course can be provided to groups other than Farm Bureau members, upon request.

For more information, contact Safety Services Director Justin Grego at 405-523-2300.

Commercial Automobile Insurance Quotes Announced

Automobile Insurance ~ Commercial Automobile Insurance Quotes Announced : It is essential for businesses to have a policy that is meant to protect their vehicles and cover any liability instances which may occur during any employees operating them. Regardless of the number of vehicles, it is still important to get coverage. It is a part of the planning and protection process. In a lot of areas, auto insurance is mandatory, but companies are not really required to overpay for their coverage and might be able to reap the benefits of competitive vehicle prices.

There are virtually endless possibilities that can be manufactured by employees driving vehicles. Situations may include injuries towards the employee or some other individual. If employees cause a problem, additional damages that might occur may be in the responsibility of the business, and thus the costs will tend to be far more than what most can bear.

There are commercial insurance quotes that might be compared to be able to get the cheapest possible price, but it is still essential to do research. Getting coverage can definitely make things easier. The wide ranging savings is certainly as important and people can find how easy it can be to save cash. Getting a good deal is as simple as getting commercial coverage comparison website.