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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What Should I Do At the Scene of a Car Accident in Wilkes-Barre?
No matter where you are, the scene of a car accident can be a very stressful place. From damage to your vehicle, or worse, injury to you or a passenger, there is much to evaluate. So knowing how to handle a car accident scene before you’re involved in a car crash can be crucial in assuring the safety of you and anyone else involved.
Like anywhere else in the country, Wilkes-Barre has its share of car accidents, hit and runs, and pedestrian accidents. According to the Pennsylvania Department of Transportation, Luzerne County was in the top 10 counties in the state for traffic crash fatalities in 2020.
If you have been injured in a car accident, you should not suffer alone. Car accidents can cause severe damage and an experienced car accident attorney can help in your recovery. Contact a Wilkes-Barre car accident lawyer at Munley Law Personal Injury Attorneys today for a free consultation. […]
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Allentown Driver Error Accident Lawyer
If you or your loved one have been injured in a car accident due to another driver’s error, you are entitled to financial compensation to cover your injuries and damages. For 65 years, Munley Law’s personal injury lawyers have been Allentown’s best choice for driver error accident attorneys. Our team is experienced with cases like yours and will fight on your behalf until we recover what you are owed. You can schedule a free consultation with us to discuss your next steps.
Car accidents can be devastating, and too often, they are caused by the negligence of the other driver. Allentown is surrounded by Interstate 78, U.S. Route 22, Pennsylvania Route 33, and the Pennsylvania Turnpike, contributing to congestion and increased accidents. If you or your loved one are in an accident, you’ll need an experienced driver error accident lawyer to investigate your case and prove the negligent driver’s liability. […]
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Reckless Driving Car Accidents in Wilkes-Barre, PA
The attorneys of Munley Law Personal Injury Attorneys are here to help you if a reckless driver in Wilkes-Barre has hurt you. We firmly believe that people are responsible for operating their vehicles with care and caution at all times, and when they fail to do so, they should be held accountable for their actions. Our award-winning car accident attorneys are ready to stand up for you and help you secure the compensation you are owed, so don’t wait to contact us to discuss your claim.
When drivers get behind the wheel of a car, they are responsible for not only the lives of people in their vehicle, but for every other motorist, they come across on the road. This means acting responsibly, obeying all traffic laws, and practicing safe driving techniques to minimize the risk of an accident. Unfortunately, not all drivers treat driving with the respect it demands and instead drive recklessly, […]
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What Happens If I Am At Fault for a Car Accident in Wilkes-Barre?
How Dangerous is It to Drive in Wilkes-Barre?
Wilkes-Barre is in the heart of Luzerne County and has some of the busiest highways near the humming city. With easy access to Interstates 80, 81, and 476, this city’s roads are constantly bustling with travelers on any given day.
Unfortunately, the reality is that more travel equals more chances of car accidents. A car accident occurs in Wilkes-Barre for many reasons, such as bad weather, mechanical defects, and poor road conditions. However, there are instances when other drivers on the road play a role in your car accident, whether driving over the speed limit, tailgating, or getting distracted by their cell phone.
If you are asking yourself what happens if I am found at fault for an auto accident, call a Wilkes-Barre car accident attorney today. If you were not the sole cause of the accident, […]
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Allentown Hit and Run Accident Lawyer
If you have been the victim of a hit and run in Allentown, we are here to help. The aftermath of any car accident can be difficult to navigate, but a hit and run can be incredibly challenging. How can you hold the at-fault driver accountable and get the necessary compensation? What if you can’t locate the other driver? Our Allentown hit and run accident lawyers can answer these questions and help you get the recovery you need.
What is a Hit and Run Accident?
A hit and run is a collision in which at least one party leaves the incident scene without stopping to provide their information, necessary aid, and/or to report the accident. Hit and run accidents can involve multiple vehicles or a collision between a car and a pedestrian or biker.
In a hit and run accident, […]
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