DYK: From Atlanta to Portland, for those who use their cars as part of their occupation and file itemized deductions, you may be able to factor in a portion of your car insurance premium.  It could be best to take the flat per-mile reimbursement instead, but it might be worth checking on your personal situation.  Either way, make sure your Agent knows that you’re using it for business to make sure you have the right coverage.   To itemize you’d calculate the amount of time you use your car solely for business.  If it’s 20%, then 20% may be a potential deduction.  Talk to your tax consultant for more information.  You should always keep your agent apprised of any business use to make sure you have the proper coverage.

At Solo Insurance® we shop the rates for you upfront and at renewals, always making sure you are with our best rate for your insurance needs. It's been that way since 1994.  Like us on Facebook, follow us on Instagram and Twitter @thesoloins.   

 

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