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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Allentown Drowsy Driving Accident Lawyer
If you or a loved one were injured following an accident with someone you suspect to have been driving drowsy, you should contact an experienced attorney. You may be entitled to compensation for your medical expenses, the physical damage done to your vehicle, and more. The Allentown drowsy driving accident lawyers at Munley Law know how to get you the compensation you need to recover from your injuries. For 65 years, car wreck victims in the Allentown area have come to Munley Law, where our team of Allentown car accident attorneys consistently ranks among the Best Lawyers in America. We have earned the highest possible client satisfaction rankings and are board-certified by the National Board of Trial Advocacy. And we’re ready to fight for you.
Compensation Available Following a Drowsy Driving Accident in Allentown
Physical Injuries and Medical Expenses: Physical injuries can include cuts and other lacerations, […]
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Fatal Truck Accidents in Scranton, PA
If you have lost someone in your life due to a truck accident, you have the right to both justice and fair compensation. While our Scranton truck accident lawyer at Munley can’t undo the pain you’ve experienced, we can fight on your behalf to ensure you secure the damages you deserve. Don’t hesitate–contact our Scranton truck accident lawyer today for a free initial case evaluation. We are ready and waiting to take your call.
Common Causes of Fatal Truck Accidents in Scranton
As with all car accidents, many factors can lead to a fatal truck accident. Some of the most common causes of fatal truck accidents in Scranton, PA include:
- Distracted Driving
- Reckless Driving
- Driving Under the Influence
- Poor Weather Conditions
- Mechanical Failure
- Overloaded Trailers
- Negligence from the Trucking Company
- And more
As you can see, […]
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Scranton Lyft Accident Lawyer
If you or a loved one has been injured in a Lyft accident in the Scranton area, our Scranton Lyft accident attorneys are here to help. At Munley Law, we have extensive experience taking on Lyft accident cases and securing injury victims the justice and compensation they deserve. Moreover, we are experts regarding the ins and outs of Pennsylvania law; we have been practicing here for more than six decades.
Don’t hesitate to contact us today for a free consultation and to learn how we can protect your interests.
The Common Causes of Lyft Accidents in Scranton, PA
Like with all car accidents, Lyft accidents can be caused by many factors. Often, it’s a combination of factors that leads to a collision. But across the board, some common causes usually contribute to an accident involving a Lyft vehicle.
- Distracted driving. […]
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Scranton Slip and Fall Lawyer
If you slipped and fell due to a hazard on someone else’s property, a Scranton slip and fall attorney at Munley Law can help. Scranton property owners must keep their property safe for patrons and visitors. Hazards that cause someone to slip, trip, or fall can cause serious injuries. These kinds of accidents can happen on private property, in a public place, or a commercial business. Regardless of where it occurs, landlords and property managers can be held responsible for serious injuries on their property.
Our slip and fall accident lawyers can help. Contact us today to schedule a free consultation.
Why You Need a Scranton Slip and Fall Attorney
If your injuries are severe, require medical treatment, and will leave you with any additional damages, such as lost wages, it is best to meet with a slip and fall lawyer in Scranton to learn more about your options. […]
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Scranton Uber Accident Lawyer
The Scranton Uber accident attorneys at Munley Law have been helping ridesharing accident victims get compensation throughout Lackawanna County. We understand how difficult these rideshare collision cases tend to be and that’s why we won’t settle for an offer that’s less than you are entitled to.
If you were involved in an Uber accident in Scranton, it’s in your best interest to contact our Scranton personal injury attorneys for a free, no-obligation consultation as soon as possible.
Who Can Be Held At Fault For a Rideshare Accident in Scranton?
Accidents involving Uber drivers create some confusing scenarios. It often takes a talented Scranton injury lawyer to define the details. Unlike an accident involving a taxi or bus, where the company may be held responsible for your accident, the financially responsible party and the applicable insurer may not always be prominent. […]
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