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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How Do I Prove A Driver Was Distracted At The Time Of The Accident?
In today’s digital age, the call of a text message, the allure of a social media notification, or even the temptation to adjust in-car settings can prove catastrophic when behind the wheel. Distracted driving has swiftly emerged as one of the leading causes of road accidents, claiming countless lives each year.
For those affected by such carelessness, the aftermath can be a confusing blur of insurance claims, medical bills, and emotional trauma. Proving that a driver was distracted during the accident becomes crucial not just for justice, but also for compensation.
If you or a loved one were injured as a result of a distracting driving collision, call a car accident lawyer at Munley Law.
The Dangers of Distracted Driving
As roads become busier and vehicles more sophisticated, the instances of distracted driving are unfortunately on the rise. The figures paint a concerning picture: distracted driving claimed 3,522 lives in 2021 alone. […]
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How Do I Find the Best Pittsburgh Car Accident Lawyer Near Me?
Experiencing a car accident is a traumatic event that can turn your life upside down in an instant. Amid the physical and emotional recovery, navigating the legal world becomes an added burden. Having an experienced car accident lawyer by your side is not just beneficial—it’s pivotal to ensure that you receive fair compensation and justice.
However, in a city like Pittsburgh, which has many law firms and independent practitioners, the quest to find the right attorney becomes a challenge in itself. It’s a task that demands thorough research, discernment, and a clear understanding of one’s own needs.
One law firm that is worth reaching out to is Munley Law. We are a family-owned business that has been representing Pennsylvania residents since 1959. When you work with a Pittsburgh car accident lawyer at Munley Law, you’re working with an attorney who will treat you like a member of the family. […]
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Upper Darby Uber Accident Lawyer
Upper Darby, Pennsylvania, renowned for its rich history, diverse cultural tapestry, and landmarks like the iconic Tower Theater, has witnessed a modern transformation in recent years. The streets, once bustling with local traffic, have now seamlessly integrated a new trend that’s taking the urban landscape by storm: ride-sharing services like Uber.
While these services have undoubtedly brought convenience to the fingertips of Upper Darby’s residents and visitors, they’ve also introduced a new set of challenges, especially when accidents occur. Navigating the aftermath of an Uber accident in this unique township requires not only an understanding of Pennsylvania state laws but also the intricate nuances of local Upper Darby regulations. As such, having an Upper Darby Uber accident lawyer by your side, particularly a trusted name like Munley Law, becomes indispensable.
If you or a loved one were injured in an Upper Darby Uber accident, call Munley Law. […]
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How Do I Find the Best Philadelphia Car Accident Lawyer Near Me?
When the unexpected happens on Philadelphia’s busy streets and highways, and you find yourself involved in a car accident, the aftermath can be overwhelming. Dealing with injuries, property damage, and insurance companies can quickly become a complex and daunting task. In times like these, having the right legal representation by your side can make all the difference.
This article is your guide to navigating the process of finding the best Philadelphia car accident lawyer near you. We’ll explore the crucial steps you need to take, the qualities to look for in an attorney, and the factors that can help you make an informed decision. Whether you’re a local resident or someone seeking legal help in the City of Brotherly Love, understanding how to find the right lawyer for your car accident case is paramount to achieving justice and obtaining the compensation you deserve.
The Importance of Having a Lawyer After a Car Accident
Experiencing a car accident is a stressful and disorienting event, […]
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How Long Does a Car Accident Lawsuit Take in Harrisburg, PA?
A car accident can happen when you least expect it, thrusting you into a complex and often daunting legal process. Understanding the timeline of a car accident lawsuit is crucial, as it can significantly impact your life during the recovery period. From filing a complaint to navigating the intricacies of the Pennsylvania court system, the duration of your lawsuit can vary widely based on numerous factors.
Here, we’ll delve into the question on every accident victim’s mind: How long does a car accident lawsuit take in Harrisburg, PA? We’ll explore the stages of the legal process, the factors influencing its duration, and the vital role of a Harrisburg car accident lawyer in guiding you through this challenging journey.
Understanding the Legal Process in Harrisburg, PA
The legal process after a car accident can feel daunting, but it can help for victims to understand exactly what to expect. […]
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