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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Harrisburg Personal Injury Lawyer
If you’re in Harrisburg and need a personal injury lawyer, you’re looking for someone to help you get back on your feet
after a Central Pennsylvania accident. Experienced personal injury lawyers in Harrisburg are dedicated accident attorneys who support you during tough times, ensuring you receive the care and maximum compensation you deserve.
Why Should I Hire a Harrisburg Personal Injury Lawyer?
Hiring Harrisburg personal injury attorneys can make a big difference in how your case is handled and the outcome you achieve. A Dauphin County lawyer understands the community and has experience dealing with local insurance companies and courts. They can handle the legal system efficiently, gather evidence, negotiate with insurance adjusters, and advocate for your best interests.
By hiring a Harrisburg personal injury lawyer, you can increase your chances of receiving fair compensation for medical bills, lost wages, and other injury-related costs. […]
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Why Do Semi-Trucks Have Spikes on Their Wheels?
While driving down the highway, you may notice the semi-trucks beside you have what looks like spikes coming off their tire rims. But what purpose do those spike studs hold, and what happens if you get into an accident with a truck driver and those spikes cause damage?
Munley Law explains the purpose of these lug nut covers and your rights in semi-truck accidents.
What Are Wheel Spikes on Semi Trucks?
Spikes on the wheels of semi-trucks are lug nut covers. They are meant to protect lug nuts from debris and corrosion over time but also have aesthetic appeal.
While wheel spikes look intimidating, they are often made of weaker metals like aluminum alloys and even sometimes plastic. So, if your vehicle came into contact with one, the worst that would happen is a few scratches on your car. […]
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My Airbag Didn’t Go Off in a Car Accident. Can I Sue?
Being in a car accident can be scary, especially when the safety features of your vehicle do not work the way they are supposed to. But what happens when you were in a car accident and your airbags didn’t go off and you suffered injuries. Can you sue?
In general, yes you can sue if your airbags didn’t deploy during a car accident. However, who you can sue depends on a variety of factors.
Munley Law Will Determine Why Your Airbags Did Not Deploy in a Car Accident
In 1998, the Intermodal Surface Transportation Efficiency Act of 1991 went into effect, requiring that all cars and light trucks sold in the United States to have air bags on both sides of the front seat.
Since then, all drivers have come to expect that when they are involved in a motor vehicle accident, […]
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Harrisburg Wrongful Death Lawyer
Grief over the loss of a loved one can be all-consuming. Sadness, anger, depression, loneliness, and even numbness – they are all common responses to losing a spouse, child, parent, sibling, or close friend. In the midst of your grief, the last thing on your mind is a personal injury lawsuit. However, even though it may not seem like it now, the compensation you can recover from a claim for damages may be the thing that stands between financial debt and financial freedom following the death of that beloved person due to the negligence of others.
At Munley Law, our compassionate Harrisburg wrongful death lawyers are deeply understanding of what you and your family are going through. We are here to protect your rights, to secure fair compensation for your losses, hold the responsible party accountable, and give you a sense of justice in the midst of your grief. […]
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Philadelphia Wrongful Death Lawyer
If you have lost a family member due to someone else’s negligence, you will need a Philadelphia wrongful death lawyer to help with the case. The individual or company responsible for your loved one’s death needs to be held accountable, and Pennsylvania law entitles surviving family members to seek just compensation. While no amount of money can replace what you have lost, a wrongful death suit can hold the negligent party accountable for their actions and help provide future security for you and your family.
At Munley Law, our personal injury attorneys bring decades of experience representing families in the Philadelphia area. Our attorneys have fought for families in wrongful death cases involving all types of fatal accidents, and we have recovered millions of dollars in compensation for our personal injury clients’ losses. We understand your situation and want you to know that we are here to help in any way we can. […]
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