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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York Car Accident Lawyer
When you need a York car accident lawyer after a car crash, the path forward can feel overwhelming and uncertain. Trying to recover emotionally and physically, all while navigating the ins and outs of filing a personal injury claim, is a lot for anyone to take on. But it’s important to remember that if you find yourself in such a situation in York, Pennsylvania, you’re not alone.
Munley Law brings decades of experience and a deep understanding of the local dynamics to help accident victims regain control of their lives. If you have experienced a car accident in York, PA, and are interested in financial compensation for your injuries, lost wages, and pain and suffering, our dedicated team is here to help guide you through the process.
Contact us today to schedule a free consultation and learn how we can protect your interests.
Understanding Car Accidents in York, […]
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What Are the Chances of Dying in a Car Crash?
It is common knowledge that when you climb into a motor vehicle, there is a certain level of risk. Car accidents are, in fact, one of the leading causes of death in the United States. But what exactly are the chances of dying in a car crash?
The Statistical Reality of Fatal Car Accidents
Motor vehicle crashes are a leading cause of death in the United States, taking the lives of over 100 people every day. There are critical factors that increase or decrease the risk of fatality in a car accident, such as the type of car crash, the kind of roadway and road conditions, the type of motor vehicle, the characteristics of the driver, and other factors. The statistical reality of fatal car accidents in the United States is as follows:
- Current fatality rates: In 2023, […]
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What Happens After a Fatal Car Accident?
A fatal car accident completely changes the trajectory of the lives of a victim’s loved ones. They are unpreventable and sudden, and therefore it is hard to even make a plan for what you should do if a loved one dies in an accident. A part of coping with the loss can be to seek out legal action against the other driver. This is a valid response to such an accident, and it is important to know the process of getting your loved one justice.
If you lost a loved one because of the carelessness of another driver, understand that Munley Law Personal Injury Attorneys is here to help you through this difficult time. We will go after all those involved in your loved one’s death and will make sure both you and your family are compensated for any damages caused by the fatal accident. To start a wrongful death claim for your loved one’s car accident, […]
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Harrisburg Motorcycle Accident Lawyer
A Harrisburg motorcycle accident lawyer at Munley Law understands the devastating impact a crash can have on you and your family. The aftermath of a motorcycle accident often brings severe injuries, mounting medical bills, and overwhelming stress as you try to navigate insurance claims while focusing on recovery.
Our experienced attorneys have seen firsthand how these accidents can permanently alter lives. We know that motorcycle riders face unique challenges on Harrisburg roads, and when accidents occur, the injuries tend to be catastrophic. Insurance companies may try to minimize your claim or unfairly blame you for the crash.
You shouldn’t have to face these challenges alone. Our legal team will handle every aspect of your case, from investigating the accident and documenting damages to negotiating with insurance companies, allowing you to focus on what matters most – your recovery. Contact Munley Law today to discuss how we can help you secure the compensation you deserve. […]
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Pottsville Car Accident Lawyer
If you’ve been injured in a car accident in Pottsville, Pennsylvania, you may be facing mounting medical bills, lost wages, and stress about what to do next. At Munley Law, our experienced Pottsville car accident lawyers are here to guide you every step of the way.
With decades of combined experience in handling car accident cases in the Pottsville area, Munley Law has earned a reputation as the region’s leading personal injury law firm, providing compassionate service, expert legal guidance, and a track record of success. If a negligent or reckless driver caused you or your loved ones harm, you deserve to be compensated for your losses.
For a no-obligation, free consultation, contact our Pottsville car accident lawyer at Munley Law today.
Why You Need a Pottsville Pennsylvania Car Accident Lawyer
Car accidents in Pottsville can present some complicated legal challenges. […]
