Florida Car Accident Loans
- Get Cash As Soon As Today
- Rates As Low As 2.5% Simple, Monthly
- Repay $0 If You Lose
Apply in Seconds
What Are Car Accident Loans in Florida?
A car accident loan, also referred to as legal funding or a lawsuit loan, is a financial tool designed for plaintiffs. It provides you with a non-recourse advance on your future car accident settlement. The term ‘non-recourse’ means that if you don’t win the case, you owe nothing back.
This type of funding is structured to support plaintiffs who are involved in a car accident lawsuit and find themselves dealing with financial stress. A car accident loan from LawsuitLoans.io bridges the gap between the time when the accident occurs and when the legal case finally resolves.
For example, consider a person who got injured in a car accident, incurred medical expenses, and lost wages due to inability to work. As they wait for their legal case to resolve, they can apply for a car accident loan. This money can be used to pay for immediate and ongoing expenses such as rent, bills, medical costs, food, and other day-to-day necessities.
To start the process, fill out our application form or call us toll-free at (866) 594-1343. Once approved, funds can be sent directly to your bank account or by check.
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 Florida
If you’ve been in a car accident in Florida and are facing long legal proceedings, car accident loans may be a quality option for you. LawsuitLoans.io is dedicated to providing pre-settlement funding to plaintiffs in personal injury claims, including car accident cases. Here are some important statistics and information for Floridians who might be considering this type of loan:
|Average car accident loan amount by LawsuitLoans.io in Florida
|Largest car accident loan by LawsuitLoans.io in Florida
|Average interest rate in Florida
|Median personal injury verdict in Florida
|Florida statute of limitations
|2 Years; Florida Statutes Section 95.11(4)(b)
|Florida fault laws
|Florida is a “no-fault” state, meaning your own insurance covers your losses regardless of who caused the accident.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Am I Eligible for a Car Accident Loan in Florida?
If you’ve been involved in a car accident in Florida, it’s natural to wonder if you qualify for a lawsuit loan. Let’s talk about the basic criteria for eligibility.
First and foremost, you need to have a valid legal claim against an insurance company or a company that insures itself. This means that another party is at fault for your accident, and you are seeking compensation from them.
Secondly, you must have a lawyer working on your case on a contingency basis. In other words, your lawyer gets paid only if you win your suit or obtain a settlement. This indicates to us at LawsuitLoans.io that your case has merit and that there’s a good chance you could receive the compensation you’re seeking.
Finally, you need to be at least 18 years old. This ensures that you are legally of age to consent to a loan agreement.
If you meet these criteria, you may be eligible for a car accident lawsuit loan. To find out more or to make an application, feel free to contact us at LawsuitLoans.io. You can reach us either through our website or by calling our toll-free number at (866) 594-1343.
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your savings and cost when you choose LawsuitLoans.io. While we sometimes offer interest rates as low as 2.5%, our calculator assumes an interest rate of 2.9%. This calculator is illustrative – please contact us for an instant, written quote for your request.
Months Until Settlement:
Pay as little as $2,631 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as $1,697 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Save as much as 39% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Car Accident Loan Process in Florida
If you’ve been injured in a car accident and are currently waiting for your lawsuit to settle, you might find yourself needing financial assistance. Enter LawsuitLoans.io, a pre-settlement funding company that can provide this financial relief during your time of need.
So, how does it work? Let’s break down the process into five simple steps:
- Apply online: First and foremost, go to LawsuitLoans.io funding application and fill out the form.
- We contact your law firm: After receiving your application, we will reach out to your law firm to gather more details about your case.
- We review your case: Our team of professionals will then evaluate your case thoroughly to determine if you qualify for the loan.
- You sign a contract: Once approved, you’ll have to sign a contract. This agreement sets out all the terms and conditions of the loan.
- You get funds: Finally, after completing all the above steps, you will receive your funds. You can use this money to cover living expenses, medical bills, or any other urgent costs while you wait for your lawsuit to resolve.
To give you a better idea, let’s consider an example. Let’s say John had a car accident in Florida. He suffered severe injuries and had to file a lawsuit against the at-fault driver. However, with mounting medical bills and no source of income, he turned to LawsuitLoans.io.
John applied online and LawsuitLoans.io got in touch with his lawyer for details. His case was carefully reviewed, and he was found eligible for a lawsuit loan. John then signed a contract and was able to access the funds shortly after. This is how the process works for most plaintiffs like John. So, if you are also waiting for your lawsuit to resolve while dealing with financial strain, don’t hesitate to contact us or apply online at our website.
Apply today and get funds as soon as the same day you apply!
Roadway Accident Cases we Fund in Florida
At LawsuitLoans.io, we fund almost any type of roadway accident in Florida. If you’ve been injured and are awaiting the outcome of your legal case, take a look at our list below. Here’s a guide to the different types of funding we provide:
- Bicycle Accident Loans: If you’ve been hurt in a bicycle accident, we can provide the necessary funds to support you during your legal case.
- Car Accident Loans: Car accident cases can pull on for long. We give loans to victims battling such cases while they await resolution.
- Commercial Vehicle Accident Loans: When commercial vehicles are involved in accidents, the legal proceedings can be complex. Our funding option can help plaintiffs manage their expenses during this time.
- Government Vehicle Accident Loans: Suing a government entity isn’t easy. We offer funding to assist those engaged in such claims.
- Motorcycle Accident Loans: Injured in a motorcycle accident? Our lawsuit loans are designed to financially support you until your case is resolved.
- Pedestrian Accident Loans: Pedestrians involved in accidents often face a long process until recompense. We offer loans to assist during this waiting period.
- Rideshare Accident Loans: If you have been in an accident involving a rideshare service, like Uber or Lyft, we can help ease the financial burden with our custom loans.
- Semi-Truck Accident Loans: Involved in a semi-truck accident? Our lawsuit loans can provide the economical relief you need while your legal case is ongoing.
How Much Money Can I Get From my Car Accident Pre-settlement Loan?
LawsuitLoans.io can provide lawsuit loans that range between $500 and over $1,000,00. The amount you can receive depends largely on the expected settlement from your case. For cases that are still ongoing, we can advance up to a maximum of 25% of the expected portion of your settlement. For those cases that have already settled, we can offer up to 50% of the expected settlement funds.
Let’s illustrate this with an example. Suppose you’re a plaintiff in Florida involved in a car accident case. The potential value estimated for this case is $50,000, and it’s not anticipated to settle for some time. It’s a general rule in these cases that medical providers are typically paid around a third of the settlement amount and the attorney also gets a third. This means that you, the plaintiff, would potentially receive about $17,000. In this scenario, LawsuitLoans.io could advance approximately 25% of this amount or around $4,250.
Get $500 – $100,000 as soon as today
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 day you apply with us.
Major Cities we Serve in Florida
LawsuitLoans.io serves plaintiffs residing not only throughout the nation, but specifically in Florida as well. We have listed below the top 10 major cities in Florida that we serve by population. However, it’s important to understand that we provide funding for residents in all cities and counties across Florida.
- St. Petersburg
- Port St. Lucie
- Cape Coral
- Fort Lauderdale
If you are from any other city in Florida that is not listed above, please don’t be discouraged. We are committed to helping all Floridians awaiting resolution on their personal injury and legal claims through our pre-settlement funding services. Contact us today on (866) 594-1343 or visit the LawsuitLoans.io funding application page to begin your journey towards financial comfort as your case progresses.
Florida Car Accident Funding FAQs
As a Florida resident, you might have some questions related to car accident lawsuit loans. We at LawsuitLoans.io have compiled some Frequently Asked Questions (FAQs) for your convenience:
How much does it cost to get a car accident lawsuit loan?
The cost varies based on several factors specific to your case. The amount is often subjected to interest rates and funding fees. Remember each situation is unique. For more specific information, we recommend reaching out to one of our funding specialists via our toll free phone number (866) 594-1343 or through our online LawsuitLoans.io funding application.
Do I qualify for a lawsuit loan on my car accident case?
Lawsuit loan qualification primarily depends on the details of your case, including liability, damages, and insurance coverage. To discuss your eligibility further, kindly consult with our representatives.
Can you get a loan on a car accident settlement?
Yes, LawsuitLoans.io provides car accident settlement loans. If you are currently in the process of resolving a car accident case and awaiting a settlement, you can apply for a lawsuit loan from our online application form. This can aid in easing financial pressures while waiting for your claim to be settled.