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#7290492 - 01/09/13 Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed  
Joined: Dec 2004
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Miss_Lynn Offline
Campfire 'Bwana
Miss_Lynn  Offline
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Is it true that when an insurance company pays you for lost wages and bodily injuries that they are to hold back 20% of the total amount settled upon ? And if so what is it for ? The USAA adjuster could not tell me for some strange reason. Quite truthfully I am beginning to lose it bigtime with these [bleep] !

Thanks,

Lynn

RV 728 BP
#7290592 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: Miss_Lynn]  
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MColeman Offline
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MColeman  Offline
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Greenville, AL
I don't know the answer to this. If it is lost wages then it stands to reason that your wages are taxable so this payment may well be taxable. Somebody else will have to provide the answer to this. Sorry.

#7290611 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: MColeman]  
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isaac Offline
Campfire Oracle
isaac  Offline
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Northern Virginia
Lost wages paid are a taxable event and are to be included just as though they were regular wages.

Does the problem extend beyond that, Lynn?


The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
William Arthur Ward




#7290622 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: MColeman]  
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Miss_Lynn Offline
Campfire 'Bwana
Miss_Lynn  Offline
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Originally Posted by MColeman
I don't know the answer to this. If it is lost wages then it stands to reason that your wages are taxable so this payment may well be taxable. Somebody else will have to provide the answer to this. Sorry.


It is lost wages and bodily injury, pain and suffering. She said it is not for taxes, just something they do, and she doesn't know why. I was mad, but instead of blowing I just said I would get back to her tomorrow to continue the conversation.

#7290629 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: Miss_Lynn]  
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isaac Offline
Campfire Oracle
isaac  Offline
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Northern Virginia
Are there any liens against the settlement?

Is USAA paying your claim from an incident that occurred while you were visiting the US?

Last edited by RISJR; 01/09/13.

The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
William Arthur Ward




#7290630 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: Miss_Lynn]  
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byc Offline
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byc  Offline
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VA 2 SC
Why did you only ask them 3? I ain't everybody. cry

BTW I don't have a clue. Sorry.

Last edited by byc; 01/09/13.

Proud to be a true Sandlapper!!

Go Nats!!!!


#7290645 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: isaac]  
Joined: Dec 2004
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Miss_Lynn Offline
Campfire 'Bwana
Miss_Lynn  Offline
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Originally Posted by RISJR
Are there any liens against the settlement?


No Sir, not a one....

#7290656 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: isaac]  
Joined: Dec 2004
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Miss_Lynn Offline
Campfire 'Bwana
Miss_Lynn  Offline
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Originally Posted by RISJR
Are there any liens against the settlement?

Is USAA paying your claim from an incident that occurred while you were visiting the US?


Yes, while I was staying there, it occurred on June 11, 2012, in the state of Alabama.

#7290661 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: isaac]  
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catman925 Offline
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catman925  Offline
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sombody slipp on chjicken blod at wallmart an nest think tehy r gunna be a gazillioner. old gal lisa proctXXX (i preserf her ananominity] }did saym an she got her a 01 lexxis she blowd th rest on gorgia lotto tix

had to fix my bad

Last edited by catman925; 01/09/13. Reason: gorgia

I got hooked on phonics
Guess my IP now fistphuckology!
#7290679 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: Miss_Lynn]  
Joined: Jul 2006
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isaac Offline
Campfire Oracle
isaac  Offline
Campfire Oracle

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Northern Virginia
Originally Posted by Miss Lynn
Originally Posted by RISJR
Are there any liens against the settlement?

Is USAA paying your claim from an incident that occurred while you were visiting the US?


Yes, while I was staying there, it occurred on June 11, 2012, in the state of Alabama.


===============

Could it have something to do with Canada mandates and USAA is simply complying with the laws of your country?


The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
William Arthur Ward




#7290702 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: Miss_Lynn]  
Joined: Dec 2003
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ironbender Offline
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ironbender  Offline
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In the shadow of the Kenai Mtn...
Originally Posted by Miss Lynn
The USAA adjuster could not tell me for some strange reason.


Did you ask to speak with that person's supervisor?


If you take the time it takes, it takes less time.
--Pat Parelli

American by birth; Alaskan by choice.
--ironbender
#7290718 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: ironbender]  
Joined: Jul 2006
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isaac Offline
Campfire Oracle
isaac  Offline
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Northern Virginia
My guess it's some sort of protection (believe it or not) from dual taxation on that portion of the award/settlement that might be a taxable event.


The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
William Arthur Ward




#7290802 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: ironbender]  
Joined: Mar 2006
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fish head Offline
Campfire Kahuna
fish head  Offline
Campfire Kahuna

Joined: Mar 2006
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I'm in Kalifornia
Originally Posted by ironbender
Originally Posted by Miss Lynn
The USAA adjuster could not tell me for some strange reason.


Did you ask to speak with that person's supervisor?


Call USAA, talk to their settlement(?)claims(?) dept, and keep going up the food chain until you get an answer.

Then, ask for the explanation in writing.

#7290811 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: ironbender]  
Joined: Dec 2004
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Miss_Lynn Offline
Campfire 'Bwana
Miss_Lynn  Offline
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Originally Posted by ironbender
Originally Posted by Miss Lynn
The USAA adjuster could not tell me for some strange reason.


Did you ask to speak with that person's supervisor?


No Sir, but I will tomorrow morning....

#7290834 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: Miss_Lynn]  
Joined: Jul 2006
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isaac Offline
Campfire Oracle
isaac  Offline
Campfire Oracle

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Northern Virginia
USAA is one of the US of A's very best insurance organizations Lynn. I'm with them myself. I'm sure you'll have a perfect understanding of what occurred before you finish with your morning calls.

If you run into any jams,PM me to let me know and I'll see what I can find out for you.


The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
William Arthur Ward




#7290853 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: Miss_Lynn]  
Joined: Jan 2001
Posts: 19,711
1minute Online content
Campfire Kahuna
1minute  Online Content
Campfire Kahuna

Joined: Jan 2001
Posts: 19,711
Burns/Hines, Oregon, USA
No ideas, but someone in the ladder obviously should know. With no issues, is one expected to recover it at a later date?

Also, make sure one is not taxed for that sum until is passes through youre account.

Last edited by 1minute; 01/09/13.

1Minute
#7290887 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: isaac]  
Joined: Mar 2006
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fish head Offline
Campfire Kahuna
fish head  Offline
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I'm in Kalifornia
I know there are circumstances where withholding taxes are required but in this case ... I dunno. I found this while searching the innanet.

http://answers.yahoo.com/question/index?qid=20060805190105AAx9AQi

IRS rules are a teensy bit complicated smile on this subject and a brief search didn't give any complete answers. When you factor in residing in the US and Canada it becomes even more complex.

A written statement from USAA would be the first step, AFAIK.

#7290918 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: fish head]  
Joined: Dec 2003
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ironbender Offline
Campfire Oracle
ironbender  Offline
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In the shadow of the Kenai Mtn...
Originally Posted by fish head
I found this while searching the innanet.

That's helpful. I hear there is no internet in Canada yet.


If you take the time it takes, it takes less time.
--Pat Parelli

American by birth; Alaskan by choice.
--ironbender
#7290919 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: Miss_Lynn]  
Joined: Dec 2003
Posts: 51,824
ironbender Offline
Campfire Oracle
ironbender  Offline
Campfire Oracle

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In the shadow of the Kenai Mtn...
Originally Posted by Miss Lynn
Originally Posted by ironbender
Originally Posted by Miss Lynn
The USAA adjuster could not tell me for some strange reason.


Did you ask to speak with that person's supervisor?


No Sir, but I will tomorrow morning....

step 1, IMO.


If you take the time it takes, it takes less time.
--Pat Parelli

American by birth; Alaskan by choice.
--ironbender
#7290930 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: Miss_Lynn]  
Joined: Aug 2004
Posts: 2,859
boilerpig1 Offline
Campfire Guide
boilerpig1  Offline
Campfire Guide

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Texas
My sister works there. I will present your question to her.

BP...






#7290935 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: ironbender]  
Joined: Mar 2006
Posts: 16,726
fish head Offline
Campfire Kahuna
fish head  Offline
Campfire Kahuna

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I'm in Kalifornia
Originally Posted by ironbender
Originally Posted by fish head
I found this while searching the innanet.

That's helpful. I hear there is no internet in Canada yet.


They got it. It's only dial-up through AOL though. grin

#7291031 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: ironbender]  
Joined: Dec 2004
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Miss_Lynn Offline
Campfire 'Bwana
Miss_Lynn  Offline
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Joined: Dec 2004
Posts: 11,073
Originally Posted by ironbender
Originally Posted by fish head
I found this while searching the innanet.

That's helpful. I hear there is no internet in Canada yet.


That's not true, if we can keep the beaver thawed out, off the beer and on his wheel, we got innanet, Eh ?

#7291034 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: Miss_Lynn]  
Joined: Dec 2002
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AJ300MAG Offline
Campfire 'Bwana
AJ300MAG  Offline
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MBS, MI
I can bust a few knee caps and get you full payment... for 10%

#7291036 - 01/09/13 Re: Mickey ! Steve ! Bob ! Everybody ! Insurance Claim Help Needed [Re: boilerpig1]  
Joined: Dec 2004
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Miss_Lynn Offline
Campfire 'Bwana
Miss_Lynn  Offline
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Originally Posted by boilerpig1
My sister works there. I will present your question to her.

BP...


Thank you ever so much, I would appreciate that smile

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