Arizona Government Vehicle Accident Loans
- Get Cash as Soon as the Same Business Day
- Rates as Low as 2.5% Simple, Monthly
- Repay $0 if You Lose Your Case
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What Are Government Vehicle Accident Loans in Arizona
A car accident loan, also known as a pre-settlement funding or lawsuit loan, is a cash advance provided to a plaintiff while awaiting their legal case to resolve. This type of loan could be a lifeline for someone who got injured in an accident involving a government vehicle and are facing financial hardship.
With a government vehicle accident loan, the plaintiff is advanced funds based on the potential outcome of their personal injury lawsuit. It’s important to note that these loans operate on a non-recourse basis. What this means is that if the plaintiff does not win their case, they do not have to repay the loan. In other words, the repayment of the loan is contingent on the successful resolution of their legal case.
Applying for this type of loan is simple. The plaintiff needs to fill out an application with details about their case and the estimated settlement. The funding company then reviews the application and determines the amount of money they can advance to the plaintiff.
How Lawsuit Loans Work
Here’s how the lawsuit loan process works in three easy steps. The entire process can be completed within 24 hours with your attorney’s help.
Apply Online or Call Toll-Free
Apply online or call us toll-free at (866) 594-1343. Submitting your application takes minutes.
We Review Your Case
Next, we contact your law firm and collect basic information to review your case. Review only takes a few hours.
You Receive Funds
You and your attorney review and sign our funding contract. Once complete, you can have funds within hours.
Key Information About Car Accident Loans in Arizona
If you’re dealing with a car accident lawsuit in Arizona, it can be financially draining. That’s where car accident loans can help. This article presents the key statistics you should know.
| Average car accident loan amount by LawsuitLoans.io in Arizona | $25,290.00 |
| Largest car accident loan by LawsuitLoans.io in Arizona | $44,940.00 |
| Average interest rate in Arizona | 18.1% |
| Median personal injury verdict in Arizona | $5,000 to $80,000 |
| Arizona statute of limitations | 2 Years; Arizona Revised Statutes Section 12-542 |
| Arizona fault laws | Arizona is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages. |
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose LawsuitLoans.io. While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.
Advance Amount:
Months Until Settlement:
$2,900
Total Cost
Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
Your Savings
Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
33%
Percent Savings
Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Am I Eligible for a Government Vehicle Accident Loan in Arizona?
If you’re wondering about eligibility for car accident lawsuit loans, keep reading. In cases where a government vehicle is involved, the claim deals with either a self-insured or substantially insured entity. Therefore, there are only a few criteria left to meet.
Firstly, you have to hire an attorney. This should be done on a contingency basis, meaning your attorney only gets paid if you win your case. Secondly, you need to be at least 18 years old. Meeting these two requirements means you’re eligible for government vehicle accident loans.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Government Vehicle Accident Claims in Arizona
Accidents involving government vehicles can happen and when they do, specific legal procedures must be followed. Here, we’ll highlight a few examples of these vehicles:
Police Vehicles
In the performance of their duties, police cars might be involved in accidents. Although officers are trained to avoid accidents, high-speed chases or responding to emergencies can result in collision incidents.
City Buses
Public transport buses run by the city are considered government vehicles too. These massive vehicles on the road can sometimes be involved in traffic situations leading to accidents.
Fire Trucks and Ambulances
Emergencies demand swift response, and in that rush, fire trucks and ambulances may collide with other road users. Despite them being careful, there’s still a risk for these accidents.
Should you get involved in an accident with these kind of vehicles, it’s important to understand your rights and seek proper legal guidance as the claim process is unique and requires specific procedures. At LawsuitLoans.io, we’re ready to help you navigate through this process, while also offering financial support during your legal wait.
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Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Government Vehicle Accident Pre-settlement Loan?
LawsuitLoans.io provides lawsuit loan amounts that vary from $500 to more than $1,000,000. If your legal case is still in process, we can advance up to a maximum of 25% of your predicted share of the settlement. For cases that have been settled, we can offer you up to 50% of your expected portion of the settlement.
For instance, let’s consider an Arizona plaintiff involved in a car accident case has an estimated claim value of $300,000, and the case will not be settled for quite some time. Generally, medical providers receive around one-third of the settlement, about $100,000. The attorney then takes another third of the settlement. This leaves approximately $100,000 for the plaintiff. In this situation, we could advance roughly 25% of the plaintiff’s amount, or about $25,000.
Get $500 – $500,000 in as Little as a Single Business Day!
We understand that if you’re applying for funding with us, you needed the funding yesterday. With your attorney’s cooperation, we can provide funding as soon as the same business day.
Other Cases we Fund in Arizona
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Arizona. Read more about the personal injury cases we fund in Arizona here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Medical Malpractice Lawsuit Loans
- Slip and Fall Lawsuit Loans
- Premises Liability Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in Arizona here:
Does LawsuitLoans.io Directly Fund Cases in Arizona?
While LawsuitLoans.io operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in Arizona.