Sentences with phrase «of liability your premium»

Anytime you raise your deductibles and lower your limits of liability your premium will go down, helping you to get the cheapest motorcycle insurance possible.
Depending on your age and where you live, you could get 10 % to 20 % of your liability premium reduced by qualifying for the program.

Not exact matches

Net written premiums of $ 574 million increased 6 %, reflecting an increase in domestic surety premiums, continued strong retention and an increase in new business in domestic management liability, while renewal premium change remained consistent with recent quarters.
Insurers price liability premiums according to a variety of measures; revenue and retail square footage are common ones.
«The Company's employment practices liability insurance retention has grown to $ 1 million from $ 350,000, causing an unacceptable level of risk for the Company, and the premiums for this insurance are well outside of industry standards,» the letter said.
In other words, one year of premium from our most expensive insurer was enough to pay two years» worth of most basic vehicle liability protection from other companies.
The reciprocal insurer holds assets and liabilities, while the management company makes its money by selling malpractice insurance, and taking a percentage cut of the resulting premiums.
After studying this chapter, you will be able to: Explain the basic nature of a joint stock company as a form of business organisation and the various kinds of companies based on liability of their members Describe the types of shares issued by a company Explain the accounting treatment of shares issued at par, at premium and at discount including oversubsription Outline the accounting for forfeiture of shares and reissue of forfeited shares under varying situations Workout the amounts to be transferred to capital reserve when forfeited shares are reissued; and prepare share forfeited account State the meaning of debenture and explain the difference between debentures and shares Describe various types of debentures; Record the journal entries for the issue of debentures at par, at a discount and at premium Explain the concept of debentures issued for consideration other than cash and the accounting thereof Explain the concept of issue of debentures as a collateral security and the accounting thereof Show the items relating to issue of debentures in company's balance sheet Describe the methods of writing - off discount / loss on issue of debentures Explain the methods of redemption of debentures and the accounting thereof Explain the concept of sinking fund, its use for redemption of debentures and the accounting thereof Topic List Features of a Company Kinds of Companies Share Capital of a Company Nature and Classes of Shares Issue of Shares Accounting Treatment Forfeiture of Shares Meaning of Debentures Types of Debentures Issue of Debentures Over Subscription Terms of Issue of Debentures Interest on Debentures Writing - off Discount / Loss on Issue of Debentures Redemption of Debentures Redemption by Payment in Lump Sum Sinking Fund Method
Insurance companies can contribute up to 100 percent of their insurance premium liability.
Carrying an unfunded liability, or pension debt, of any size increases the cost of retirement benefits, because in addition to paying for the benefits teachers earn each year, employers are charged a premium on each employee to help pay off the accumulated pension debt, Mr. McGee said.
C - Corporations, S - Corporations and insurance companies with an Arizona corporate income tax liability or insurance premium tax liability can redirect up to 100 % of that liability to a state approved School Tuition Organization and receive a dollar - for - dollar tax credit for their contribution.
Florida's Corporate Tax Credit Scholarship Voucher skirts the unconstitutionality problem (Bush v. Holmes) by allowing corporations to donate some or all of the taxes owed through corporate income taxes, insurance premium taxes, severance taxes on oil and gas production, self - accrued sales tax liabilities of direct pay permit holders and taxes on beer, wine and alcoholic beverages directly to one of the four Scholarship Funding Organizations (SFOs), who then manage and award the vouchers.
The credits apply to corporate income taxes, insurance premium taxes, severance taxes on oil and gas production, self - accrued sales tax liabilities of direct pay permit holders and taxes on beer, wine and alcoholic beverages.
As a rule of thumb, if your premium for comprehensive and collision is more than 10 percent of your vehicle's total value, consider carrying liability - only coverage.
Carrying full coverage is much more expensive than liability - only, as it can consist of up to 50 percent of your total premium.
Insurance can be modified to cover liability only if you own the vehicle outright saving hundreds or thousands of dollars a year in premiums.
The annual premiums below are based on auto insurance coverage that adds uninsured / underinsured motorist coverage, medical payments, and some comprehensive and collision protection in addition to the minimum insurance liability limits in the state of Virginia.
As you are considering purchasing insurance, consider a few factors: first, females generally cost less than males to insure; second, shop around for insurance companies that offer discounts for driver's education classes, good grades, and driving logs; third, as you are insuring teenage drivers, your premiums will be lower if the drivers are occasional drivers; fourth, teenagers have a high accident rate, so consider purchasing high liability coverage and lower comprehensive coverage; and fourth, the type of car teenagers drive — whether it is new, sporty, or exotic — will also determine the premiums.
The exact wording is below: «Upon thirty (30) days written notice to Resident, Landlord may alter rental payment to cover additional costs in operating the premises incurred by Landlord because of any increase in ad valorem property taxes, charges for the electricity, heating fuel, and water consumed at the property, or increases in premiums paid for liability, fire or worker compensation insurance.
The cost of insurance over decades of potentially increasing premiums, all the while ensuring the insurance policy is large enough to cover the income tax liability, is problematic (alternatively one can wait until later in life to insure and take a chance on whether they can still obtain insurance).
Sample auto insurance premiums assume our driver is a 30 year old single male owning his own vehicle, has excellent credit, and purchases basic liability coverage, slightly above what is required by the state of Florida.
The rates displayed are annual premiums for a standard liability policy with limits of 50 / 100/25 for both liability and uninsured motorist coverage.
Drivers also have the option of choosing Bodily Injury Liability Coverage (up to $ 10,000) and Personal Injury Protection Coverage (with various deductibles and discounts on PIP premiums)
Option overlay: An investor that sells an index call option incurs a liability in exchange for the up - front receipt of the option premium received.
Not only have the trends of employer sponsored health insurance been declining over the last decade, but the firms that do still provide a benefit have been changing the structure of the plans to reduce their liability / costs, shift premiums and costs to the retirees and spouses, and cap the coverage limits.
If you've got an old beater, then liability - only coverage might be the perfect fit — and it'll save you a huge chunk off of your premium.
Liability coverage will protect you in the event of and accident and save you money on premium payments.
Self - employed taxpayers and other business entities can deduct business - related insurance premiums of any kind, including health and dental insurance premiums, as well as legal and liability coverage.
Renters insurance rates are typically lower than home owners premiums due to the nature of insurance: Renters insurance typically covers only the content of your rented property and, sometimes, liability.
We have received premiums of $ 4.5 billion, and we recorded a liability at yearend of $ 4.6 billion.
I only know of one life company that failed from bad liability pricing (calculation of premiums).
Features * Liability limits up to $ 1 million * Business property protection up to $ 100,000 (with $ 250 deductible) * Optional coverage for money and securities * Electronic data processing coverage * Loss of income coverage * Optional Identity Fraud Expense Coverage * Premiums starting as low as $ 150 annually
This will result in a total of $ 642.00 of premiums as a result of her Roth conversion, which brings the true total liability of the Roth conversion to $ 10,762.50 (taxes) + $ 642.00 (additional Medicare premiums) = $ 11,404.50.
If the household income exceeds 400 % of the FPL, the entire amount of any premium assistance credits «accidentally» advanced on behalf of the individual or family must be repaid as an additional tax liability when the tax return is filed.
A trampoline or pet is a recreational liability in the eyes of your insurance company and can cause your premiums to go up.
Washington, D.C. — Major auto insurance companies charge good drivers as much as 47 percent more for basic liability auto insurance if they don't own their home, according to a new analysis of premiums by the nonprofit Consumer Federation of America (CFA).
Medium - term note obligations are recorded as liabilities on the Company's balance sheet based upon proceeds received, net of unamortized discounts and premiums, plus unpaid accrued interest at the balance sheet date.
Certainly not his little helpers at TLI... Charles Tracy & Ian Reynolds, both on the board since day one, deserve their fair share of the blame for a litany of mishaps & generally nasty surprises over the years... leverage, currency hedging, tax liabilities, credit exposure, life expectancies, policy expiries, premium increases & whatever other risks / issues I may have forgotten at this point.
These net liabilities are calculated with an internal model using many scenarios to determine the fair value of amounts estimated to be paid, less the fair value of net future premiums estimated to be received, adjusted for risk and profit charges that the Company anticipates a hypothetical market participant would require to assume this business.
These liabilities are estimates of the present value of net amounts expected to be paid, less the present value of net future premiums expected to be received.
The cash value of a life insurance policy accumulates tax deferred, but if you surrender the policy, you'll incur an income tax liability for funds that exceed the premiums you have paid.
No, not every one, of course not, but I'm positive that a fellow free market proponent appreciates why the private sector wants 30 % more for jumbos and what that means to taxpayers who are now on the for that extra liability but not collecting the risk premium.
So much of other insurance policy premiums as are attributable to the liability to provide benefits referred to in section 295 - 460
And this premium is protected because the price effectively rachets down to $ 21.4 m if the lease liabilities they are inheriting (mainly the rent liabilities which represent $ 4.9 m of the $ 5.7 total liabilities on balance sheet) are not favorably settled.
Any insurance company or surplus lines broker that fails to pay the Insurance Premiums License Tax by the March 1 due date is subject to a ten percent penalty that shall be added to the amount of the unpaid tax liability.
Since the premium tax credit is also refundable, you will receive the difference of the credit amount and your tax liability if your credit amount is more than your tax liability.
Renters insurance rates are typically lower than home owners premiums due to the nature of insurance: Tenants insurance in BC typically covers only the content of your rented property and, sometimes, liability.
Access to business liability insurance policies for all companion animal species through Business Insurers of the Carolinas (additional insurance premium required)
CRF is also designing an ingenious way to pay for the task of restoring the ice via the insurance industry, where fossil fuel industries would pay an extra premium that fairly reflects the climate change liability they cause.
The Recovery of Costs Insurance Premiums in Clinical Negligence Proceedings Regulations 2013 (SI 2013/92)(which will also be brought into force on the same date) further limit recoverability to liability or causation (and so not quantum) reports which were in fact obtained and the costs of which were allowed on assessment.
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