Deductible

What Is a Deductible?

A deductible is the portion of a claim the insured individual is responsible for paying before an insurance company covers all remaining costs. Once the deductible is met, the insured will pay nothing.

What Is a Deductible?

According to the Insurance Information Institute, “A deductible is the amount of money you pay out of pocket before your insurance coverage kicks in.” For example, if you have a health insurance policy with a $1,000 deductible, you must pay $1,000 toward covered medical expenses before your insurance begins to pay for any remaining costs. Deductibles can vary widely based on the type of insurance policy and the terms agreed upon by the insurer and policyholder.

Deductibles are typical in many insurance policies, including health, auto, and home insurance. The primary purpose of a deductible is to share the risk between the insurer and the insured. By requiring the insured to pay a portion of the costs, insurance companies encourage policyholders to avoid making small or unnecessary claims in an attempt to lower overall insurance costs.

More information about Deductible

What Kind of Compensation Can You Receive For a Lyft Accident in Easton?

Understanding what kind of compensation you can receive for a Lyft Accident in Easton is a critical first step toward protecting your rights after a Lyft accident. Unlike traditional car accidents, Lyft claims often involve multiple insurance policies, strict coverage conditions, and aggressive adjusters working to minimize payouts.

Compensation may include medical expenses, lost income, pain and suffering, and long-term costs tied to permanent injuries or reduced earning capacity. Knowing how Lyft’s insurance coverage works can make a significant difference in the outcome of your case.

A Munley Law Lyft accident lawyer gives rideshare crash victims a powerful advantage. With nationally recognized trial lawyers, a proven record of high-value verdicts and settlements, and a client-first approach, Munley Law fights to secure full and fair compensation while allowing you to focus on recovery. Contact us for a free consultation today.

How Much Compensation Could I Receive in a Lyft Accident? […]

Uber Insurance Claims: How Do They Work in Philadelphia?

How Uber insurance claims work in Philadelphia often depends on complex coverage tiers, driver status, and liability rules that can quickly overwhelm injury victims. At Munley Law, we help clients understand these elements and pursue the full compensation they deserve after a rideshare accident.

Uber accident claims involve layered insurance policies that change depending on whether a driver is waiting, en route, or transporting a passenger. That complexity can directly impact how – and whether – you are compensated.

We bring nearly seven decades of experience handling serious personal injury claims, including rideshare litigation. Our attorneys have secured multi-million-dollar recoveries and earned national recognition for trial advocacy and client results. Our Philadelphia Uber accident attorneys guide clients through every step of the claims process, from identifying coverage to proving liability and damages, so they can focus on recovery while we handle the legal burden. […]

Philadelphia Rideshare Accident Lawyer

If you or someone you love was injured in a rideshare accident, it’s important to have a skilled Philadelphia rideshare accident lawyer on your side to fight for the compensation you need to recover.

Rideshare accident claims can be difficult to follow through on your own, and you may not be sure who should be paying your medical bills. That’s why it’s important to speak with an experienced Philadelphia personal injury attorney right after your accident. Munley Law’s attorneys have extensive experience in these complex road accidents and can assist you every step of the way, from comprehensively evaluating your case and injuries to helping you build your claim and even representing your case in court if necessary. Our partners have been recognized as some of the state’s leading trial lawyers, and we also have motor vehicle accident litigation specialists on staff to fight for justice on your behalf. […]

Can I Sue My Neighbor for an Injury on Their Property?

When you’ve been injured on a neighbor’s property, you might feel confused, upset, and unsure about what to do next.
You may wonder about your options if you’ve suffered an injury while visiting next door. The short answer is yes, you can sue your neighbor for an injury on their property, but there’s more to consider before taking that step.

When an injury occurs on a neighbor’s property, the question of legal recourse often arises. The ability to sue a neighbor for such an injury depends on several factors and involves understanding premises liability law. Call a premises liability lawyer at Munley Law for a free consultation to review your legal options.

Why You Might Sue Your Neighbor for an Injury on Their Property

While suing a neighbor can be a difficult decision, there are several legitimate reasons why you might need to take this step if you’re injured on their property:

Medical Expenses: If you’ve incurred significant medical bills due to the injury, […]

Personal Injury Glossary Terms

This glossary provides a quick-access resource for looking up definitions of terms you will likely encounter while seeking compensation.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W

A

Accident Report — A detailed official record of an incident created on-site by an authority figure such as a police officer or hospital staff member.

Act of God — An unforeseen event caused by natural forces without human involvement that couldn’t have been prevented with reasonable care, […]

Erie Uber Accident Lawyer

Residents and visitors enjoy the waterfront activities and attractions that Erie, PA, offers, and many frequently utilize rideshare services like Uber. Unfortunately, that increase in use has also led to more Uber accidents. If you or a loved one were injured in a rideshare car accident, an Erie Uber accident lawyer from Munley Law can guide you through the legal process.

Why Do You Need an Uber Accident Lawyer in Erie, PA?

Erie Uber Accident Lawyer You never have to hire an attorney for a car accident; however, when it comes to wrecks with rideshare vehicles, it can be beneficial to work with an attorney.

The most complicated part of an Uber accident is knowing what insurance coverage applies to you. Further, there is the question of who was involved during the crash and why it occurred. Of course, there are also general car accident concerns such as injury severity, […]

Hazleton Rideshare Accident Lawyer

Rideshare Accidents Are Common – Do You Know What to Do?

Rideshare apps seem to multiply by the day. Be it Uber, Lyft, or one of the smaller rideshare apps on the market today, many, maybe even most, people use these apps to get around. Of course, when you enter a rideshare vehicle, you expect your driver to take you to your destination–be it in Hazleton or outside of it–safely.

The Hazleton rideshare accident lawyers at Munley Law know how to get you the compensation you need to recover from your injuries. For over 60 years, car wreck victims in the Hazleton area have come to Munley Law, where our team of accident attorneys consistently ranks among the Best Lawyers in America. We have earned the highest possible client satisfaction rankings and are board certified by the National Board of Trial Advocacy. If you get into a car accident with a rideshare driver, […]

7 Ways to Fast-Track Your Sandy Insurance Claim

Claim your insurance protection for damage done by Hurricane Sandy

In the wake of Hurricane Sandy, thousands of Pennsylvanians are filing insurance claims under homeowners, auto, health and even life insurance policies.

Many will face long waits and daunting paperwork.

Some insurance slowdowns are inevitable following a disaster of Sandy’s proportions. Damage estimates range from $7 billion to $50 billion, according to the Wall Street Journal.

But by taking a few simple steps Pennsylvania residents can improve the odds of their claims getting fast-tracked for approval:

Do your homework. Take pictures or video of the damage. Before-and-after photographs, purchase records and contractor estimates for repairs are especially valuable.
Hurry up and file your claim. “Experts say that many homeowners hesitate because they aren’t really sure if they have enough damage to merit a claim—or at least a claim that is more than the value of the policy’s deductible,” the Wall Street Journal reported. […]