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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Frequent Asked Questions About Car Accidents
The car accident lawyers at Munley Law understand that legal matters can be complex and sometimes overwhelming following a car crash. You may find that you have more questions than you do answers. So, we’ve created this resource to provide clear, straightforward information about what to expect after a car accident and how our auto accident attorney can help.
Contact Munley Law now to schedule a free consultation if you were involved in a car accident.
Q: If I’ve Been in a Car Accident, do I Need a Lawyer?
A: It depends. If you did not suffer any injuries in the accident, you may settle your insurance claim without legal help. However, the claim becomes more complicated if you or someone you know were injured in the accident. As the injured victim, you can seek compensation from the at-fault party for your medical costs, […]
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Workers’ Compensation for Commercial Truck Drivers in Pennsylvania
Professional truck drivers keep Pennsylvania’s economy moving, transporting essential goods across our highways and local roads every day. With this demanding job comes significant physical risk. From accidents on busy interstates to cargo loading injuries, truck drivers face workplace hazards that can lead to serious harm and lost income.
Pennsylvania’s workers’ comp system provides important protections for injured truck drivers, offering coverage for medical expenses and lost wages associated with work-related injuries. However, the path to receiving these benefits isn’t always straightforward, especially for injured workers working as independent contractors or those facing claim denials from employers and insurance companies.
At Munley Law, our workers’ compensation attorneys understand the unique challenges commercial truck drivers encounter when seeking benefits. Our firm has spent decades helping injured drivers secure the medical care and wage replacement they need to recover and support their families. […]
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YORK COUNTY — Man Killed in Car Accident by Crashing into Propane Tank, Displaces Residents
YORK, PA (March 20, 2025) —— A man veered off the road, hitting a propane tank valve in Shrewsbury Township on Thursday, March 20.
The crash occurred in the 2300 block of Steltz Road/Route 851 at 1:54 a.m. The driver was speeding when he crashed into a tree, striking a tank valve that protruded from the ground, causing a “significant leak,” according to the York Hazmat Team.
Due to the gas leak, seven residents were forced to evacuate from their homes. The Red Cross is assisting these individuals, as the Hazmat Team has started the flaring process.
All roads have reopened. Pennsylvania State police continue to investigate.
Fatal Car Accidents in Pennsylvania
Navigating the aftermath of a fatal car accident requires specialized legal knowledge. Insurance companies often attempt to minimize payouts, even in tragic circumstances.
Understanding the most frequent causes of fatal accidents can help raise awareness about preventable tragedies:
Impaired Driving: Alcohol and drugs significantly impair judgment, […]
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Pittsburgh Car Accident Lawyer
When you’re injured in a car accident in Pittsburgh, you need an experienced Pittsburgh car accident lawyer to protect your rights and secure the compensation you deserve. At Munley Law, our auto accident attorneys have a proven track record of successfully representing car accident victims throughout Western Pennsylvania.
Our legal team understands the physical, emotional, and financial toll that serious car accidents take on victims and their families. We handle all aspects of your case—from investigating the crash and gathering evidence to negotiating with insurance companies and representing you in court if necessary.
Don’t face the aftermath of a serious car accident alone. Contact Munley Law today for a free, no-obligation consultation with a Pittsburgh car accident lawyer. Call or fill out our online form to discuss your case and learn how we can help you move forward.
How Can Pittsburgh Car Accident Attorneys Help With My Case? […]
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Philadelphia Car Accident Lawyer
If you were involved in a severe car accident in Philadelphia, contact a Philadelphia car accident lawyer at Munley Law to get the help you need following a car crash. Your primary focus should be your health; you should not have to manage the claims process alone.
At Munley Law, we have 65 years of experience helping car injury victims get compensation following an accident. Our board-certified car accident attorneys understand what you are going through, and we will not rest until you receive the compensation you need to recover from the accident. Now is the time to schedule a free consultation with a car crash attorney at Munley Law. You do not owe a fee unless we win your case.
Why You Need a Car Accident Attorney in Philadelphia, PA
Hiring personal injury lawyers eases the burden of being directly involved in all the Pennsylvania legal processes and increases your chances of success. […]
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