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.
More information about Insurance
UHaul Truck Accident Lawyer
If You Were Hurt in a Truck Accident, Contact a U-Haul Truck Accident Lawyer Today
U-Haul trucks are convenient for anyone needing to move or haul furniture or other large items that don’t fit into smaller vehicles. It is a cost-effective way to use a truck without needing to purchase one. Unfortunately, many people who drive U-Haul trucks are not experienced in driving large vehicles and may cause a truck accident that injures other drivers, motorcyclists, and pedestrians. Sometimes, the companies that rent out U-Haul trucks do not properly maintain the trucks. This can lead to crashes that may injure others and the driver and passengers in the U-Haul truck.
If you or a loved one were injured in a U-Haul truck accident, or if a family member was killed, contact an experienced truck accident lawyer at Munley Law Personal Injury Attorneys for a free, […]
Read MoreMore information about Insurance
Questions to Ask a Truck Accident Lawyer
When you’ve been involved in an accident with a tractor trailer, you’ll be asking yourself many questions. How can I afford to get my car fixed? How long will I be out of work to recover? Who will pay for my medical bills? These are all common questions that are difficult to answer on your own as many times, it comes down to the specific nature of your truck accident, and the severity of your injuries.
If you’ve been hurt in a truck accident and are wondering what your next steps are, here are some questions to ask a truck accident lawyer.
Q. Can You Prove Who Was Responsible For The Truck Accident?
If it was difficult to prove negligence at the scene of the accident, it will be up to a truck accident lawyer to conduct a thorough investigation in tangent with the insurance companies. […]
Read MoreMore information about Insurance
What Causes Most Truck Accidents in Pennsylvania?
The Commonwealth of Pennsylvania is a major trucking route hub, seeing thousands of trucks on its roads per year. With an increase in truck traffic comes an increased risk of truck accidents. If you get into a truck accident, it’s important to understand what caused the crash. You’ll need the help of an experienced Pennsylvania truck crash attorney at Munley Law Personal Injury Attorneys.
Munley Law Personal Injury Attorneys is a nationally recognized personal injury firm with a unique focus on truck accidents nationwide. Daniel and Marion Munley, two of the firm’s partners, have received accolades from their peers and legal organizations for their truck accident verdicts and settlements — for example, our truck accident lawyers have secured one of the largest settlements for an individual plaintiff in Northeastern Pennsylvania for a truck accident case. The Pennsylvania truck accident lawyers at Munley Law have extensive knowledge of both state and federal laws and have dealt with truck insurance companies for decades. […]
Read MoreMore information about Insurance
Dump Truck Accident Lawyer
Injured in an Accident With a Dump Truck? Munley Law Can Help
Dump trucks, typically used for transporting loose materials to and from construction sites, pose a danger to other drivers on the road due to their size and weight. When you get into an accident with a dump truck, you could be facing debilitating injuries and huge expenses that you were not expecting. It may be difficult to obtain compensation on your own. If you or someone you love suffer a serious injury in an accident with a dump truck, consult a dump truck accident lawyer at Munley Law Personal Injury Attorneys to assist you with your claim.
For more than 60 years, Munley Law has been the go-to Pennsylvania truck accident law firm. Our attorneys are nationally recognized as leaders in trucking law. We’ve achieved millions of dollars in settlements and verdicts for our truck injury clients across the United States. […]
Read MoreMore information about Insurance
UPS Truck Accident Lawyer
Collided with a UPS Truck? Call a Truck Accident Lawyer Today.
The United Parcel Service, or UPS, delivers packages and letters quickly across the country. This is an important service with great benefits. Unfortunately, the pressure to deliver on time can lead many UPS drivers to speed and disobey traffic rules, causing accidents.
If you or a loved one were injured in a UPS truck accident, or if a family member was killed, contact an experienced UPS truck accident lawyer at Munley Law Personal Injury Attorneys or via our online form for a free, no-obligation consultation as soon as possible. We are happy to discuss the circumstances of your injuries, help you understand your legal options, and provide a free case evaluation.
Types of UPS Truck Accidents
The most common kinds of UPS truck accidents are:
- Blindspot collisions. […]
