Are auto insurance premiums tax deductible?

auto insurance premiums

When filing for bankruptcy, people with auto insurance frequently wonder if their premiums are tax deductible. This question has two possible answers. To begin, depending on where you live, your state may allow some sort of insurance deduction. Second, and perhaps more importantly, even if your state does not recognize auto insurance deductions, you may … Read more

Are auto insurance rates going up?


High gas prices and a job market struggling to find new workers have increased auto insurance premiums in recent years. It is unclear how much these factors have caused the rise in Auto insurance rates, but it is quite clear that they are rising. Whether or not rates will continue to rise as drivers adjust … Read more