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 Are the Unique Challenges in Truck Accident Litigation?
Truck accidents are often catastrophic, resulting in severe injuries and significant property damage. When such accidents occur, victims may pursue legal action to seek compensation for their losses. However, truck accident litigation presents unique challenges compared to other motor vehicle accident cases. There are complex regulations, multiple parties involved, and even the need for specialized expertise.
The truck accident lawyers at Munley Law understand the different twists and turns of truck accident claims. We have over six decades of experience with the trucking industry and trucking regulations. We have won millions for our clients.
We offer a free consultation with a compassionate truck accident lawyer who will listen to your story and give you a reasonable assessment of your case. Call today the process started.
How is a Truck Accident Different Than a Car Accident?
Trucking accidents are fundamentally different from car accidents in several ways. […]
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Mississippi Truck Accident Lawyer
If you were in a truck or tractor trailer accident in Mississippi, call Munley Law Personal Injury Attorneys for a free consultation
Mississippi leads the country in motor-vehicle deaths per capita with 26.27 accident-related deaths for every 100,000 residents, which is nearly double the national average and which makes Mississippi America’s deadliest state to operate a motor-vehicle according to the United States Centers for Disease Control and Prevention (CDC). Many of the hundreds of deadly accidents involve large commercial trucks, whose massive sizes, weights, and cargo loads amplify the damage, injuries, and deaths.
If you or a loved one suffered an accident involving a commercial semi-truck in Mississippi, contact an experienced truck accident lawyer at Munley Law Personal Injury Attorneys today. For over sixty years, our award-winning attorneys have been fighting to win big settlements for truck accident victims. We recently negotiated a $26 million settlement for our client who suffered serious injuries from a collision involving a tractor-trailer. […]
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Vermont Truck Accident Lawyer
Don’t Navigate the Aftermath of a Truck Accident Alone; An Experienced Vermont Truck Accident Attorney Can Help
There’s no way around it, being in an accident is scary and overwhelming for you and your loved ones. Even more so when that accident involved a large truck, like a semi or tractor-trailer. While we hope these accidents never happen, data shows that they do, and often. Since 2020, there have been over 1,059 semi-truck accidents in Vermont. Many resulting in serious injuries, and even death.
Following a destructive truck accident, you’ll have countless questions. You and your family should not have to hunt down answers on your own. Experienced Vermont semi-truck accident lawyers can work with you and your family to get you all the compensation you deserve.
I Was in a Vermont Truck Crash, Do I Have Legal Options?
Every crash is different, […]
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Maine Truck Accident Lawyer
Injured in a Truck Accident? Contact a Maine semi-truck accident lawyer at Munley Law today.
If you were injured in an accident with a commercial truck in Maine, a tractor-trailer accident attorney at Munley Law can help. Our nationwide truck accident lawyers are ready to get you the compensation you deserve. Schedule a free consultation today 
with the nation’s premier truck accident lawyers at Munley Law.
According to the Maine Department of Transportation, there were 9,625 truck crashes in Maine between 2017 and 2021. Nearly 20% of those truck accidents caused physical injuries, and nearly 1% were fatal.
Large trucks across the United States are involved in about 400,000 accidents annually. And many times crashes with tractor-trailers and other large commercial trucks cause severe injuries and serious property damage to smaller vehicles and their occupants. […]
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Massachusetts Truck Accident Lawyer
Massachusetts Truck Accident Attorney
If you were injured in a truck accident, our Massachusetts truck accident lawyers can help.
According to the Federal Motor Carrier Safety Administration (FMCSA), there were approximately 415,000 accidents involving trucks in the U.S. in 2020. Over 24% of them caused serious injuries, and about 1% were fatal. In Massachusetts, nearly 6% of large trucks on the road were involved in a crash. More importantly, accidents involving tractor-trailers cause the most serious injuries and accidents on Massachusetts roads.
If you or someone you know was injured in a crash with a large commercial truck in Massachusetts, our nationwide truck accident lawyers are ready to fight for you. Schedule a free consultation with the nation’s premier truck accident lawyers at Munley Law today.
Types of Compensation Available to Victims of Truck Accidents in Massachusetts
Victims of collisions with a large commercial truck may be able to receive compensation for some or all of the following:
- Past, […]
