Insurance

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 to Do If You Have a Flat Tire on the Highway

A flat tire can quickly turn a routine drive into a stressful situation, especially on a busy road. However, you can handle this common vehicle issue safely and efficiently with knowledge and preparation. Whether you’re a seasoned driver or new to the road, knowing what to do if you have a punctured tire, a tire blowout, or a slow leak on a highway can help you face this unexpected challenge with confidence and ensure you get back on your journey as quickly and safely as possible.

Initial Steps for a Flat Tire: Staying Safe

Dealing with a flat tire can be stressful, especially on a busy road. To ensure your safety, follow these initial steps:

  • Find a Safe Location: Grip the steering wheel firmly to counteract the strong vibrations of your flat. Pull over to a safe spot, such as a breakdown lane on the side of the road or a nearby gas station. […]

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Reading Slip and Fall Injury Lawyer

If you were the victim of a accident, an experienced Reading slip and fall attorney at Munley Law can help you recover compensation. A slip and fall accident cause serious injuries that can take months to heal. You can file a personal injury lawsuit if the property owner’s caused your accident. Our slip and fall injury lawyer will investigate your injury, get the evidence to prove your lawsuit and hold the property owner responsible. Don’t wait much longer; contact our slip and fall lawyers in Reading, PA, today to schedule a free consultation.

How Munley Law Can Help You in Reading Your Slip and Fall Case

Reading slip and fall injury lawyer Katie Nealon speaking on the phone with a clientWhen you need compensation for your slip and fall accident injuries, you need to get an attorney on your side with proven experience. Your slip and fall lawyer needs to understand how to navigate the complicated issues in these premises liability cases and know what avenues to pursue to prove liability and calculate the total compensation you are owed. […]

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Reading Uber Accident Lawyer

A Reading Uber accident lawyer is focused on maximizing your recovery while safeguarding your rights. They’ll investigate all the facts, locate all responsible , and fight to make them take full accountability. With expertise in simplifying the claims process, these legal counselors handle the hassles so you can focus on healing.

Whether negotiating with insurers or taking your case to court, a tenacious Uber accident attorney in Reading, PA gives you the strongest chance at resolution and the ability to move forward after this traumatic event. Contact Munley Law today to schedule a free consultation. There is no fee unless we win your case.

Determining Liability in an Uber Accident in Reading, PA

Reading Uber Accident LawyerDetermining liability is rarely cut and dry when an Uber rideshare vehicle accident occurs. Multiple parties may share responsibility, including the Uber driver, if their negligent actions, […]

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Reading Rideshare Accident Lawyer

The Reading rideshare accident lawyers of Munley Law know that rideshare accidents can be extremely complicated, especially when determining and . However, you have options and a right to pursue compensation for your losses and injuries. With an experienced rideshare crash attorney at your side, you will get the compensation necessary to cover your losses.

For a no-obligation, free consultation, contact the Reading rideshare accident lawyers of Munley Law. Our attorneys work on a basis which means you pay nothing upfront and you don’t owe us a dime until your is settled. And, if we don’t win, you don’t pay. Time is of the essence so act quickly to begin the claims process for your Reading rideshare accident.

How a Reading Rideshare Accident Attorney Can Help

Munley Law attorneys discussing accident case

Our rideshare accident attorneys will help you file a ridesharing accident claim or take the at-fault to court. […]

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The Impact of Truck Load and Size in Trucking Accidents in Reading, PA

Each day, an abundance of truckloads carrying goods of various types and loads drive along the highways surrounding Reading. Underneath this economic vitality lies a critical issue often lost amid everyday distractions: truckload and size impact on road safety. This seemingly technical element plays a fundamental role in the frequency and severity of vehicular accidents on Reading roads. Understanding such incidents requires not only logistics or traffic management skills, but legal interpretation and advocacy as well. Here is where a Reading truck accident lawyer plays an invaluable role combining legal knowledge with an in-depth knowledge of large vehicle collisions.

The Reading truck accident lawyers of Munley Law understand the impact of truckload and size in Reading accidents and will work hard to protect victims of commercial motor vehicle accidents.

The Impact of Truck Load and Size in Reading Truck Accidents

And overloaded truck driving down the roadA truck’s load and size have an enormous impact on truck accidents, […]

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