Hanover’s payment options are an American Express, MasterCard, Discover or Visa credit card, a debit card, or a checking account. Hanover customers can also set up automatic payments using Electronic Funds Transfer (EFT) from a bank account. Hanover customers have the option of paying premiums in one lump sum or in two, three, four, ten, or monthly installments. Choosing to pay up front may even result in discounts in some states.
Ways To Pay Your Hanover Car Insurance Premium
Online using Hanover's payment portal
By calling 800-573-1187, using a credit card, debit card or checking account
By mailing a check to The Hanover Insurance Company / PO Box 580045 / Charlotte, NC 28258-0045
Using the Hanover mobile app
Some of these payment options might not be available in all situations or all states, however. If you have further questions about paying your Hanover premium, you can call (800) 922-8427.
Yes, Hanover does offer free towing for customers who have the company’s roadside assistance coverage. Hanover roadside assistance generally costs $20 per vehicle per year and includes towing services to the nearest repair facility or up to $150. Hanover customers can request roadside assistance online, or they can call 1-800-628-0250.
Towing services to the nearest repair facility or up to $150
Flat tire changing
Up to $3,000 for a rental vehicle (during car repairs under a covered loss)
While Hanover’s roadside assistance covers towing and other services, it doesn’t cover the cost of repair parts, replacement keys, or major fixes due to things like engine failure or structural damage.
No, Hanover does not have a referral program. Even though Hanover doesn’t have a referral program that gives policyholders a bonus or discount for referring friends or family members to the company, Hanover does offer many other discounts that can help customers save money on their car insurance.
Car insurance is tax-deductible for self-employed people who use their car for business reasons, as well as for select other occupations. For example, car insurance is tax deductible for armed forces reservists who travel for duty, some performing artists, employees with impairment-related work expenses, and certain government employees who are paid via fees-per-service.… read full answer
Business use means trips taken for work, but commuting to and from work is not deductible. For example, a photographer’s drive to her studio would not be deductible, but her drive from her studio to a client’s house during working hours would be. However, if the photographer had a studio in her house, then her drive from her home studio to a client’s house for work purposes would qualify as tax deductible.
How to Deduct Car Insurance on Taxes
Car insurance can be deducted by eligible taxpayers based on either mileage or actual cost. If you choose to deduct based on mileage, the official rate – $0.58 per mile in 2019 – incorporates all the expenses that go into driving, so insurance cannot be deducted separately. On the other hand, deducting based on actual expenses requires taxpayers to add up costs like insurance premiums, repairs, gas, tires, and registration fees.
Self-employed taxpayers can use Schedule C to deduct their vehicle expenses, whether using actual cost or mileage. Other eligible taxpayers can use Form 2106 for Employee Business Expenses.
Car Insurance Tax Deductibility Tips
If a car is used exclusively for business, the entire amount of its actual cost can be deducted.
If a car is driven for both business and personal reasons, the total cost can be prorated. For example, if the car is used for business half of the time, half of its actual cost can be deducted.
If a taxpayer is deducting based on mileage, they should keep careful track of their work-related miles and can deduct only that amount.
Regardless of which type of deduction you choose, it’s important to keep careful records of business vehicle use. In addition, it’s usually best to calculate your deduction using both the actual value and mileage methods, so you can choose the method that gives you the highest tax savings. If you’re still unsure whether you can deduct your car insurance, visit the IRS website or talk to a tax expert.
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