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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Easton Motorcycle Accident Lawyer
Helping Victims in Motorcycle Accidents Recover
When motorcyclists are involved in accidents, even low-speed crashes can result in devastating injuries. Easton motorcyclists on the I-78 and other highways and roadways are exposed to the elements with no restraints or protection outside of what the driver is wearing. In addition, motorcyclists can find themselves at greater risk of accidents in the first place, as drivers in larger vehicles may miss a motorcycle when changing lanes or making turns.
If you have been the victim of a motorcycle accident, you can turn to the Easton motorcycle accident attorneys at Munley Law for help with your claim. We have over six decades of experience in representing victims in motorcycle personal injury cases, and we have recovered impressive settlements for motorcycle accident victims throughout Pennsylvania.
Common Injuries in Motorcycle Accidents
Most cars and trucks have protections to mitigate harm done to a passenger or driver in an accident, […]
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Bethlehem Uber Accident Lawyer
Defending Your Rights After an Uber Crash
The roads can be dangerous even in the best conditions. However, when you put your trust in an Uber driver, you may not expect to end up in a serious car accident. The truth is, Uber drivers can make the same driving mistakes as any other driver, and may sometimes be at greater risk of negligent driving.
If you’ve been involved in an accident with an Uber driver, you need an experienced Uber accident attorney on your side. At Munley Law, our attorneys have been helping injured victims for over 60 years. We know how to navigate complex insurance and liability matters with car accident cases involving Uber and other rideshare company drivers.
What Causes Uber Accidents?
Uber accidents can be caused by the same risk factors as any other type of vehicle accident. […]
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Bethlehem Motorcycle Accident Lawyer
If you or a loved one have been hurt in a Bethlehem motorcycle accident, you know that the physical, emotional, and financial strain it places on a family can be a lot to handle on your own. With the legal representation of the Bethlehem motorcycle accident lawyers of Munley Law, you don’t have to.
For a no-obligation, free consultation, contact the compassionate personal injury lawyers of Munley Law. For over 60 years, Munley Law has fought for Bethlehem’s injured, let us do the same for you. Our award-winning lawyers have secured millions in settlements and verdicts for motorcycle accident victims. Let us get you the compensation needed to move forward. Call today.
Consequences of a Bethlehem Motorcycle Accident
Because of the size of a motorcycle compared to a standard passenger vehicle, a motorcyclist is 28 times more likely to die in an accident on the roadway than other drivers. […]
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What Does a Bicycle Accident Lawyer Do?
Bicycle accidents can result in serious injuries and have a significant impact on the lives of those involved. As more people turn to cycling as a means of transportation, recreation, or exercise, the risk of bicycle accidents has also increased. These accidents can occur due to various factors such as negligent drivers, road hazards, or even faulty equipment. Understanding the causes and consequences of bicycle accidents is essential in promoting safety and protecting the rights of cyclists.
A Reading bicycle accident lawyer is a legal professional who specializes in advocating for the rights of cyclists involved in accidents or other legal matters. As cycling becomes increasingly popular as a mode of transportation and recreation, the need for legal representation in bicycle-related cases has also grown. A bicycle lawyer possesses in-depth knowledge of traffic laws, cycling regulations, and personal injury law, […]
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What Do I Do After Being Hit By a Bus?
Bus accidents can have devastating consequences, resulting in severe injuries, property damage, and even loss of life. Due to their size and weight, buses can cause significant harm to passengers, pedestrians, and other vehicles involved in the accident. In the aftermath of a bus accident, it is essential to navigate the legal complexities and seek appropriate compensation for the damages incurred.
When a bus accident occurs, determining liability and pursuing a claim can be challenging due to the involvement of multiple parties, including the bus company, driver, maintenance personnel, and even government entities in some cases. Understanding the legal landscape surrounding bus accidents and the role of a bus accident lawyer is crucial for protecting your rights and obtaining the compensation you deserve.
The aftermath of a bus accident can be complex and filled with legal intricacies. […]
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