What is Insurance?
Insurance is, “a contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the “insurer” or “underwriter;” the other, the “insured” or “assured;” the agreed consideration, the “premium;” the written contract, a “policy;” the events insured against, “risks” or “perils;” and the subject, right, or interest to be protected, the “insurable interest.” (Black’s Law Dictionary 946. 4th Ed. Rev. 1968)
An insurance policy is a contract in which an individual or entity (the policyholder) pays an insurance company (the insurer) in regular payments in exchange for financial protection over specific risks or losses. For example, medical insurance helps to cover medical costs, such as hospital visits, hospital stays, and medications. Similarly, auto insurance helps to cover damages incurred from car accidents. Insurance payments are known as premiums. Insurance contracts typically limit the amount of costs that an insurance provider may be required to pay.
The McCarran-Ferguson Act (15 U.S.C. § 1011) grants many aspects of insurance regulation to individual state governments. However, federal laws like federal taxes do apply to insurance, and must be acknowledged. Insurance is important to the legal system, as it helps protect individuals, those who cause harm to individuals through negligence, and any third party that is faced with the burden of compensating for an injury.
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Pennsylvania Motorcycle Accident Lawyer
Motorcycle riders are some of the most vulnerable people on the road. When drivers don’t safely share the road with bikers, the consequences can be devastating. Because motorcycles are smaller than cars, they can be easily missed in a driver’s blind spot. And, without any physical protection from the impact of a crash, the injuries can be life-altering. If someone else’s negligence caused you to suffer serious injuries, the Pennsylvania motorcycle accident lawyers at Munley Law can help make things right.
Start with a no-obligation consultation to discuss your case and understand your rights and options. Munley Law operates on a contingency fee basis, meaning you pay nothing unless we win your case.
How Often Do Motorcycle Accidents Occur in Pennsylvania?
There are more than 794,000 registered motorcyclists in the Commonwealth of Pennsylvania.
According to the National Highway Traffic Safety Administration (NHTSA), […]
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What is the Most Common Cause For Motorcycle Accidents in Philadelphia?
Philadelphia is an exciting city to experience while riding a motorcycle. However, one must also be aware of the common causes of accidents and what makes for safe precautions and practice. The causes of motorcycle accidents include distracted drivers, lane-splitting, speeding, and dangerous road conditions, among others; however, distracted driving is amongst the most common, and it is often instigated due to a host of other reasons. By avoiding these negligent acts and being cautious, motorcycle riders can find safe rides on the streets of Philadelphia. The most important step to achieving these safety measures is understanding their main causes.
What Are the Common Causes of Motorcycle Accident Crashes in Philadelphia?
Due to factors such as traffic congestion, distracted drivers, poor road conditions, and inclement weather, drivers in Philadelphia face a unique set of challenges. Approximately 64% of motorcycle fatalities happen in urban settings, […]
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Carbondale, PA Drowsy Driving Accident Lawyer
We know that driving recklessly is not only dangerous but illegal. However, many drivers don’t consider the risks of getting behind the wheel while tired. Each year, thousands of people get into car accidents with drowsy drivers, leading to severe and sometimes fatal injuries. If you suspect your car accident resulted from fatigued or drowsy driving, call Munley Law. Our Carbondale drowsy driving accident lawyers can guide you through the legal process to ensure you get the compensation you need for your injuries.
Drowsy driving accidents are complex as it can be challenging to prove fatigued driving. Still, with our decades of experience, the Munley Law car accident lawyers will quickly lead you through the claims process.
How Serious Are Drowsy Driving Car Accidents?
Drowsy driving occurs when a person gets behind the wheel of a vehicle while tired. […]
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Carbondale, PA Drunk Driving Accident Lawyer
Every day, more than 30 people will lose their lives to a drunk driving car accident. For those who survive, the aftermath can be catastrophic, resulting in life-altering injuries. Victims of drunk driving accidents in Carbondale, PA need to have someone on their side when a drunk driver turns their lives upside down. This is where Munley Law comes in.
Our Carbondale drunk driving accident lawyers have represented personal injury victims for more than 60 years. We’ll put that experience to work on your case to get you the maximum compensation for your injuries.
For a no-obligation, free consultation, call the Carbondale, PA, drunk auto accident lawyers of Munley Law.
How Often Do Drunk Driving Accidents Occur?
According to the Pennsylvania Department of Transportation (PennDOT), there were 42,409 driving under the influence (DUI) arrests in 2022. […]
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Should I Get an Injury Lawyer After a Car Accident in Stroudsburg?
Getting in a car accident can be a terrifying experience, especially if you have suffered injuries. In such a situation, it is vital to seek legal help from a car accident lawyer in Stroudsburg. Dealing with the aftermath of car accidents can be overwhelming, and having a knowledgeable and experienced attorney by your side can make all the difference in ensuring you receive the compensation you deserve.
Munley Law has over 60 years of experience and some of the best lawyers in Pennsylvania. All of our experienced car accident attorneys in our Stroudsburg office will work diligently to get you or your family members a fair settlement. We offer free consultations. If you’re ready to pursue compensation, call or chat today.
What is the Process of a Car Accident Legal Claim?
If you have been involved in a car crash in Stroudsburg, […]
