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 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. […]
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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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Wilkes-Barre Car Accidents Caused by Driver Error
Did Driver Error Cause Your Car Crash?
If you were hurt in a car accident caused by another driver’s error, the award-winning Munley Law Personal Injury Attorneys can help you. For more than 60 years, our experienced car accident lawyers have protected the rights of injured people in Wilkes-Barre and throughout Luzerne County. Our team will work day and night to ensure that you get the full compensation that you are owed for your injury claim. Don’t hesitate to contact us today; the consultation is FREE, and there is no fee unless we win your case.
With our knowledgeable and experienced team of Wilkes-Barre car accident lawyers, Munley Law Personal Injury Attorneys has the resources to investigate the details of your accident and prove who was at fault. Our contingency fee policy means that you don’t owe us anything unless we win your case. […]
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Drowsy Driving Accident Lawyers
Drowsy Driving Accident Attorneys
If you have been injured in a vehicle accident caused by a drowsy driver, our drowsy driving accident lawyer is ready to help. You may be entitled to recover damages that include medical costs, property loss, lost wages, and pain and suffering. It’s essential to have a top personal injury law firm to help you with your claim. For more than 60 years, the lawyers at Munley Law have been assisting clients with their claims. We can provide you with a free, no-obligation consultation on your case, and we will fight to get you the justice and compensation you deserve.
How Dangerous is Drowsy Driving?
Drowsy driving occurs frequently because sleep deprivation has become an increasingly common problem. People often begin their morning work commute after a poor night’s sleep – and those driving long distances usually push themselves to go greater distances without breaks. […]
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The Importance of Legal Representation After a Bethlehem Pedestrian Accident
Pedestrian accidents can be physically and financially devastating to victims and their families, making it important to secure legal representation for your Bethlehem pedestrian accident case right away. With a Bethlehem pedestrian accident lawyer from Munley Law, you will have a professional legal team to go up against the insurance company or the negligent driver so you can focus on your health.
As a pedestrian, you have rights. Call Munley Law following your accident to begin the legal process.
How Often Do Pedestrian Accidents Occur?
In 2022, the Pennsylvania Department of Transportation (PennDOT) reported 3,160 pedestrian injuries and 184 fatalities, representing nearly three percent of all reported traffic incidents and more than 15 percent of fatalities.
Both victims and their families can benefit from retaining a pedestrian accident attorney early on, […]
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