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’s Most Hazardous Roads and Intersections for Drivers
Munley Law protects the rights of those injured in car accidents throughout Pennsylvania. Our state is well known for its long history 
and diverse landscapes, spanning bustling urban centers to serene mountainous regions and rural landscapes that present drivers with unique challenges when traversing its roadways. Navigating Pennsylvania roads takes both skill and an awareness of potential dangers.
Car accidents are complex affairs with devastating repercussions for all parties involved, so as your Pennsylvania car accident lawyers, we understand their complexity and are dedicated to offering our legal expertise if an incident does arise. With that in mind, we provide all of the information and representation that may help keep you safe on the roads while serving as your go-to legal representation if something unfortunate should occur on our roadways.
Have you been injured in an auto accident in Pennsylvania? Reach out to Munley Law immediately for a complimentary consultation. […]
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The Medical Impact of Car Accidents on Victims in Hazleton
Car Accident Attorneys Dedicated to Hazleton Accident Victims
At Munley Law, we understand the life-altering impact of car accidents, which can result in severe injuries or tragic loss, burdening individuals and families with overwhelming costs and emotional turmoil. Navigating the aftermath of a car crash is challenging, especially when seeking adequate insurance claims or facing wrongful death cases. Our Hazleton car accident attorneys are dedicated to advocating for our clients, ensuring they receive the full compensation they are entitled to. We provide expert legal counsel to prove negligence to evaluate damages and engage in assertive negotiations; our focus is on securing settlements that promote your journey of recovery after a traumatic motor vehicle accident. At Munley Law, your recovery is our priority.
Understanding Car Accident Injuries
When you’re in a car crash, the sudden and forceful impact can cause a lot of harm to your body, […]
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Pottsville Bicycle Accident Lawyer
Bicycle accidents can be devastating experiences, yet you don’t have to navigate their aftermath alone. The dedicated bicycle accident lawyers in Pottsville at Munley Law understand the unique difficulties you are up against and are dedicated to helping you obtain compensation and justice in a fair and timely manner.
Recovering from any injury should be our top priority, from medical bills and lost wages to pain and suffering. Reach out now for a free consultation so we can start helping get your life back on track.
Common Causes of Bicycle Accidents in Pottsville
Bicycle accidents in Pottsville, PA, like in many other areas, can be attributed to a variety of contributing factors. Some of the more prevalent causes of bicycle collisions include:
- Collisions With Motor Vehicles: Vehicle collisions are one of the primary causes of bicycle accidents, often happening when drivers fail to see cyclists at intersections, […]
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Understanding the Difference: Commercial Truck Accidents vs. Passenger Vehicle Accidents
Commercial Truck Accidents vs. Car Accidents
In the realm of road safety, understanding the nuances between different types of accidents is paramount. Commercial truck accidents and car accidents, while seemingly similar, present distinct challenges and consequences.
The sheer size and weight of a commercial truck vs. smaller vehicles often result in more catastrophic outcomes. These differences extend beyond the immediate aftermath, influencing legal proceedings, insurance claims, and the road to recovery for victims.
Munley Law truck accident attorneys stand at the forefront of addressing these complexities. With years of dedicated service, our Reading truck accident lawyers have carved a niche in representing victims of both truck accidents and passenger car accidents. Our commitment goes beyond legal representation; we strive to ensure that every client receives the care, attention, and compensation they rightfully deserve.
At Munley Law, we recognize the intricacies that each case presents. […]
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Spinal Cord Injury Lawyer
Spinal cord injuries are common in the United States. If you or a loved one has suffered a spinal cord injury, you are probably wondering whether you should seek compensation through legal action. A spinal cord injury can drastically change an individual’s life. Understanding a spinal cord injury’s implications is vital for grasping the depth of its impact and the importance of seeking appropriate legal representation.
Spinal cord injuries often involve intricate medical and legal issues. An experienced spinal cord injury lawyer can help you understand the medical intricacies of the injury, analyze and gather relevant evidence, and can deal with multiple parties, including insurance companies, opposing lawyers, and healthcare providers. If you or a loved one was injured in a personal injury accident, one of our experienced attorneys can help guide you through the litigation process. With Munley Law, you can have peace of mind knowing that your case is in good hands. […]
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