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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North Carolina Truck Accident Lawyers
If You Have Been Involved in a Truck Accident in North Carolina, Call Munley Law Personal Injury Attorneys Today
If you’ve been in a crash in North Carolina involving a large truck, the first thing you should do is to get any necessary medical care, even if your injuries seem minor. Next, call an injury lawyer with the experience and resources to take on a major transportation company. You need a truck accident lawyer who can intervene on your behalf and protect your rights.
Having an experienced, knowledgeable truck accident attorney on your side is the best way to ensure you will be properly compensated for your medical bills, long-term therapy, lost wages, pain and suffering, and other damages you’ve experienced due to the accident. Start by calling Munley Law Personal Injury Attorneys for a free, no-obligation consultation. We will review the details of your case at no charge, […]
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West Virginia Truck Accident Lawyers
Dealing with a truck accident in West Virginia can be an overwhelming experience. From dealing with insurance companies to managing medical bills, the challenges are numerous. In such trying times, hiring a West Virginia truck accident lawyer can be a game-changer for you.
Specializing in the complexities of truck accident law, our legal professionals offer invaluable expertise to ensure you receive the compensation you deserve. If you’ve been involved in a collision with a commercial truck, don’t underestimate the importance of securing legal representation that understands both state and federal regulations governing the trucking industry.
The Statistics on Truck Accidents in West Virginia
According to the Federal Motor Carrier Safety Administration (FMCSA), West Virginia witnessed over 1,500 truck-related accidents in the most recent year for which data is available. The National Highway Traffic Safety Administration (NHTSA) reports that approximately 15% of these incidents resulted in fatalities. […]
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Truck Accident Lawyer Washington DC
Washington DC Truck Accident Lawyers with a Record of Success
If you or a family member were injured or killed in an accident involving a tractor-trailer or large truck in or near Washington, DC, contact the award-winning DC truck accident lawyers at Munley Law Personal Injury Attorneys. For more than 60 years, our attorneys have been fighting and winning big for truck accident victims. Our success with truck cases has made Munley Law Personal Injury Attorneys a recognized leader in the field of truck accident litigation all over the United States. No other truck accident lawyer can match our level of truck expertise.
Every day, millions of people commute around DC and into DC from neighboring communities in Maryland and Virginia. There are also millions of tourists, out-of-towners, and others visiting DC every year who are not familiar with the unique roadways, traffic signals, […]
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New Jersey Truck Accident Lawyers
Truck accidents can be catastrophic events. The sheer size and weight of tractor-trailers can lead to devastating
consequences when accidents occur, causing severe injuries, significant property damage, and, in the worst cases, fatalities. Navigating the aftermath of a truck accident can be overwhelming, especially when dealing with insurance companies, medical bills, and the legal complexities involved. This is where a skilled and experienced New Jersey truck accident lawyer can make all the difference.
Truck crash claims require the help of a specific type of lawyer. Truck cases are unique and require special legal knowledge and skill. Our dedicated team of truck accident lawyers is committed to helping victims understand their rights and secure the compensation they deserve.
Get started today with a free consultation. We do not charge unless we win your case.
How Truck Accidents Differ from Other Crashes
Truck accidents are fundamentally different from standard car accidents in several critical ways. […]
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South Carolina Truck Accident Lawyers
Get a free case review from the nation’s leading truck accident lawyers
According to the Office of Highway Safety and Justice Programs, a division of the South Carolina Department of Public Safety, the number of motor vehicle collisions in the state last year increased to over 142,400, the highest number in South Carolina’s history. There was a rise in more than just the number of crashes on South Carolina’s highways, state routes, local streets, and private roads. The number of accident-related fatalities increased 4.8% last year, and the number of truck accidents fatalities jumped an alarming 33.8%.
These accidents can be life-altering. Injured crash victims may face staggering medical bills, loss of income, altered quality of life, and more. If you suffered an accident with a semi-truck, big rig, tractor-trailer, or other large commercial vehicle in South Carolina, you are not alone. Our experienced team of truck accident lawyers have helped many people like you recover from these devastating events and get proper compensation from the trucking company. […]
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