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.
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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, […]
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How Long Does It Take Lyft to Investigate an Accident?
With the increased utilization of rideshare services, it’s no wonder there has been an increase in the amount of accident fatalities. One study concluded that from 2011 to 2016, there was an increase in occupant and pedestrian fatalities of two to three percent.
Suppose you are injured in a car accident while a passenger in a Lyft or in a collision with a Lyft driver. In that case, you may wonder how long it takes to investigate an accident and, ultimately, allow you to secure compensation. The Lyft accident lawyer of Munley Law is here to explain.
How to Report An Accident With Lyft
According to Lyft’s website, for riders or other drivers involved in collisions with a Lyft driver, you should call 911 if the accident is severe. As a passenger in the Lyft, […]
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What Should I Do If I Am Involved in Lyft Car Accident? or Hit by an Uber Driver?
If your car is hit by an Uber driver or you are involved n a Lyft car accident, you may be able to collect damages, especially if you were injured. In general, it will largely depend if the driver was “on the clock” when they hit you, or if they were driving as an individual. This will determine who is responsible for your losses.
If you were involved in an accident with a Uber, Lyft or another rideshare driver, the car accident attorneys at Munley Law Personal Injury Attorneys can help you through the legal process.
What You Need to Know About Uber or Lyft Car Accidents
Who you can take legal action against following a car accident involving a rideshare driver will depend if the rideshare driver was logged into the app and working, or already off the clock.
This will determine if you can collect against:
- Your Personal Injury Protection (PIP) insurance policy
- The rideshare company’s insurance
- The rideshare driver’s liability insurance
Insurance Coverage for Lyft Drivers
If get hit by an Uber driver or you are involved n a Lyft car accident while they are logged into the rideshare app and working, […]
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Pennsylvania Car Insurance Requirements
If you suffer a car crash in Pennsylvania, the right car insurance can make all the difference
Follow these tips from the nation’s leading car and truck accident lawyers
In truth, nobody wants to think that they will ever crash their car. We all think it can’t happen to us. However, the Centers for Disease Control & Prevention (CDC) reports that there are 6 million motor-vehicle accidents in the United States every year. Of that 6 million crashes, 3 million Americans suffer serious injuries. Over 36,000 drivers and passengers die each year. Pennsylvania drivers must carry car insurance by law. However, choosing the right auto insurance is a whole separate matter. In the event of a catastrophic automotive crash, the right auto insurance can make all of the difference. To help you choose the type fo car insurance that is right for you, the nation’s #1 crash lawyers at Munley Law Personal Injury Attorneys provide this information about Pennsylvania car insurance requirements. […]
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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. […]
