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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Wilkes-Barre Lyft Accident Lawyer
If you or a loved one have been in a Lyft car accident, make sure that you seek out medical care as needed. Contact a Wilkes-Barre Lyft accident lawyer immediately. Rideshare companies have an entire team of skilled negotiators ready to approach you with premature insurance settlement offerings. Insurance companies want early settlements to avoid discovery and more considerable debt.
Munley Law Personal Injury Attorneys have a history of excellence and a team of personal injury lawyers who will help identify the at-fault driver and compensate you for your injuries. Contact us for your free consultation today.
Can You Sue Lyft For a Car Accident in Wilkes-Barre, PA?
You can file a lawsuit against Lyft for a car accident in Wilkes-Barre if a ride-sharing driver caused the accident. To hold Lyft liable, you must demonstrate that the Lyft driver was at fault and that they were logged into the Lyft app at the time of the accident. […]
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Wilkes-Barre Drunk Driving Accident Lawyer
If you or a loved one has suffered injuries of any kind from a drunk driving accident in Wilkes-Barre, PA, a Wilkes-Barre drunk driving accident attorney can help you get the compensation you deserve. While we can’t undo the pain or the damage you’ve endured, we can stand on the frontlines of your fight for justice. We will work tirelessly to ensure that you are fairly compensated for what you’ve been through.
Don’t wait: if you or a loved one has been in a serious car accident in Wilkes-Barre, particularly one involving an alcohol-impaired driver, reach out to a Wilkes-Barre car accident lawyer at Munley Law today. You are always entitled to a free case evaluation, and we are ready and waiting to take your call.
What Are the Legal Consequences of an Intoxicated Driving Accident in Wilkes-Barre?
Drunk driving is an illegal action in all 50 states, […]
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What Should I Do If I Get Hit by a Car While Walking?
Pedestrian accidents can cause serious injuries. Unlike drivers or passengers in cars, pedestrians have no protection from impact. This makes them more vulnerable in accidents. If you are hit by a car, you may be entitled to compensation for medical expenses, lost wages, and pain and suffering. It doesn’t matter who caused the accident; if you are hurt, you have the right to seek compensation. A skilled pedestrian accident attorney at Munley Law can help protect your right to the compensation you deserve. Regardless of who was at fault for the accident, victims deserve to be compensated for the pain and suffering they have endured. Experienced pedestrian accident attorneys with a winning track record, like those at Munley Law Personal Injury Attorneys, can help to ensure that your rights are protected and that you receive the compensation that you deserve and that you are entitled to. […]
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Wilkes-Barre Pedestrian Accident Lawyer
If you or your loved one have been injured in a pedestrian accident in Wilkes-Barre, PA, you are entitled to financial compensation. The Wilkes-Barre pedestrian accident lawyers at Munley Law can help you claim your legal rights and recover what you are owed. Schedule a free consultation with a Munley Law pedestrian accident lawyer in Wilkes-Barre by phone, chat, or fill out a contact form.
Why You Need a Wilkes-Barre Pedestrian Accident Attorney
As the victim of personal injury from a pedestrian accident, it is essential to have a Wilkes-Barre pedestrian accident lawyer in your corner. They have the expertise and knowledge to work on your behalf, seeking your rights and securing the compensation you deserve.
Watch out for insurance companies – they might try to downplay your claim or not pay up at all. […]
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Wilkes-Barre Uber Accident Lawyer
If you or a loved one were injured in an Uber car accident, or if a family member was killed, contact an experienced Wilkes-Barre Uber accident lawyer at Munley Law Personal Injury Attorneys for a free, no-obligation consultation as soon as possible. We are ready to discuss the circumstances of the accident and help you understand your legal options.
How A Wilkes-Barre Uber Accident Attorney Can Help
Uber considers itself a technology company, not a transportation company, so it maintains only minimal insurance for its drivers. Typically, Uber provides only one million dollars of insurance coverage for its drivers. While this may seem like a lot of money, if you or a loved one have suffered severe injuries as a result of an Uber car accident, your costs for medical bills, rehabilitation, lost wages, and other expenses may be significantly more than this amount. […]
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