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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Pennsylvania Trucking Laws that COULD AFFECT YOUR TRUCK ACCIDENT CASE – Personal Injury Lawyers Explain:
Pennsylvania Trucking Regulations Could Prevent Drivers From Falling Asleep While Driving. Personal Injury lawyers Explain How:
- What are the regulations?
- How much money do personal injury lawyers in Pennsylvania charge to take on your truck accident case?
- Do Personal Injury Lawyers in Pennsylvania bill you by the hour?
WATCH VIDEO: PENNSYLVANIA PERSONAL INJURY LAWYERS TALK ABOUT BIG CAUSE OF TRUCK ACCIDENTS:
Pennsylvania personal injury lawyers: How new trucking regulations may affect your truck accident case
The trucking industry must follow the Federal Motor Carrier Safety Regulations. All trucking companies and their drivers are responsible for knowing these safety regulations. They cannot plead ignorance of the law as an excuse if they fail to comply with these regulations and cause an accident. […]
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Snow and Frigid Temperatures Cause Dangerous Road Conditions in Pennsylvania
Snowy road conditions have already caused hundreds of accidents in Pennsylvania this winter, shutting down highways and resulting in deaths and many injuries. During a sudden heavy storm over the recent holidays, a chain reaction crash involving 35 vehicles closed down a section of the Pennsylvania Turnpike. Several tractor-trailers were mixed in the wreckage, which caused a 4-mile traffic jam. Ten people were taken to area hospitals.
According to a Pennsylvania personal injury lawyer, those same wintry conditions existed when more than 40 vehicles piled up in multiple crashes on I-78, closing the interstate for a time, and resulting in more than 60 injuries. State Police also reported that sudden snow squalls causing numerous accidents resulted in the Northeast Extension of the turnpike being closed on Christmas Eve from Clarks Summit to Allentown. Numerous accidents have also been reported on smaller roadways throughout Pennsylvania.
Advice from Pennsylvania personal injury attorney Julia Munley on what to do if you are in an accident. […]
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Pennsylvania Injury Lawyer tells you the first thing you should do after a work accident
You have just been in an accident at work and now you have some questions for a Pennsylvania injury lawyer. Questions such as:
- What’s the very first thing you should do the moment after the accident happens?
- What can happen to you if you don’t tell your employer about the accident?
- What if you get a disease or illness from work?
- Can you get workers comp for that?
- Do you have to talk to any insurance adjuster?
- What does a Pennsylvania Injury Lawyer advise?
- How long to you have to get a Pennsylvania Injury Lawyer to file a workers comp case for you?
Here are some answers straight from a Pennsylvania Injury Lawyer:
Right after the accident, you need to immediately tell your boss or a supervisor and make sure a written record is made of the incident. […]
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A Pennsylvania Injury Lawyer tells you what you should do right after a car accident
Pennsylvania Injury Lawyer: After you get into an accident, there are things that you can choose to DO and NOT DO right afterward that may affect your injury claim against the other driver’s insurance company.
A Pennsylvania Injury Lawyer will advise doing the following right after the accident takes place:
- Stay inside your vehicle unless it’s too dangerous to do so
- Turn on your hazard lights
- Call 911 even if the accident didn’t seem too bad
- Seek medical help for anyone involved in the accident if needed
- Don’t move any vehicles or alter the scene unless you have to
- Don’t leave the scene
- Write down the names, addresses and phone numbers of everybody involved in the accident, including witnesses
- Write down the names/badge numbers of police officers who come to investigate
- Take pictures of injures and damage
- DON’T admit fault
- Call your insurance company right away and let them know what happened
- DON’T talk about the accident with anyone except the police and your own insurance company. […]
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How Much Will You Have to Pay an Injury Lawyer to Help Win Your Car Accident Case?
How much may you have to pay a Pennsylvania Injury Lawyer to help you?
Here’s something that may make you feel better if you’re fretting about getting a Pennsylvania Injury Lawyer involved in your case: Pennsylvania Injury Lawyers work on a contingency fee basis; this means that they don’t make any money unless they win your case. So you don’t have to worry at all about paying them out of pocket.
Another reason you shouldn’t worry about talking to a Pennsylvania Injury Lawyer:
You can call a Pennsylvania Injury Lawyer at Munley Law Personal Injury Attorneys anytime, or come into our office and talk to us – all for free. We know you have questions, and we can answer as many as you’d like. We don’t bill by the hour, we’re not out to take money from you; as injury lawyers in Pennsylvania, our job is to deal with the insurance companies – […]
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