High Interest Rate

Sean P asked:


Hi!

I am with auto-insurance company X right now and due to few number of insurance claims that I had made, my insurance is going up. I am wondering if I try to switch to some company Y, will X share my claims information with Y?

Thanks!

SUSAN

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ronnin72 asked:


I want to open a Bank of America account linked to mine, but he would then have a high interest account (emigrant direct) linked so he could earn 5% on his savings. This is in addition to a 529 I am going to open for him, but gifts made to him personally would go to this savings account, separate from his education fund. Does he have to pay tax on the interest he makes through the years?

TERESA

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love asked:


I live in GA. We just got an insurance and told them about this condition. It’s very small surgery for my daughter. but now they are denying it. Is there any other insurance I can take? or if I get insurance through work would that help?

JOSEPH

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fgeel asked:


My understanding is that when you get a moving violation (e.g, a speeding ticket), the police or the courts or whoever will notify your insurance company. When your insurance company finds out and finds out about the points that are now on your license, they raise your insurance premium. However, a friend tells me that he’s received several speeding tickets, that his insurance company has never found out (meaning no one is notifying his insurance company), and that his premium has therefore never gone up. How is that possible?

LARRY

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Candy asked:


I’m getting that 7,500 first time home buyers tax credit! I want to put it somewhere safe and earn the most interest I can on it, without fear of losing it. With the economy like it is, I don’t want anything risky…at all.

DONALD

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