As of 2013, retirees who file individual tax returns must pay taxes if they receive more than $25,000 in total pensions and other income plus one-half of Social Security benefits each year.
He drives a 2008 Honda Accord LX Sedan in good condition with only the standard options and 100,000 miles on the odometer. According to the Kelly Blue Book, Markâs car is worth about $7,500. If Mark only has a few thousand dollars in savings, he should probably buy collision coverage. But if his fund has $30,000, he should answer the three questions listed above. The quote generator reveals that Mark will have to pay about $480-$600 per year for collision coverage.
Cost of Motor Vehicle Accidents . These estimated costs for motor vehicle accidents and injuries include wage and productivity losses, medical expenses, administrative expenses, motor vehicle damage, and employersâ uninsured costs. Motor vehicle accident average costs: Average cost for each death in a motor vehicle accident: $1,130,000 Average cost for each nonfatal disabling injury: $61,600 Average cost for each property damage crash (includes non-disabling injuries): $7,500 . Motor vehicle accident costs by severity: Average economic cost for incapacitating injury crash: $65,000; Average economic cost for non-incapacitating evident injury crash: $21,00; Average economic cost for possible injury crash: $11,900 . The above numbers only take into account the economic impact of motor vehicle accidents. To properly value the true cost of an accident including a measure of the value ...