Florida Commercial Vehicle Accident Loans
- Get Cash As Soon As Today
- Rates As Low As 2.5% Simple, Monthly
- Repay $0 If You Lose
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What Are Commercial Vehicle Accident Loans in Florida
A Commercial Vehicle Accident Loan, commonly referred to as a car accident loan, is a type of funding provided to plaintiffs who have been involved in car accidents and possess pending legal claims. Plainly put, it is financial support given to the victim while they wait for their case to conclude.
Car accident loans aren’t “loans” in the traditional sense because they don’t require a monthly repayment, nor does one’s credit score influence the application process. Instead, these are better described as non-recourse advances. Essentially, this means that they allow you to draw funds from your eventual settlement before it has been finalised.
Here’s how it works: If you’re a plaintiff in a car accident case in Florida, you can apply for an advance on your future settlement. Once approved, LawsuitLoans.io provides the funds you need to pay for expenses such as medical bills and car repairs. Then, after your case settles, you repay the loan from the settlement amount.
If you’re concerned about having to repay the loan if you lose your case – don’t be. One of the major benefits of car accident loans is that they are non-recourse. This means that in the event your lawsuit doesn’t result in a favorable settlement, you owe nothing to LawsuitLoans.io. Yes, that’s right – if you don’t win, you don’t have to repay a cent!
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
Car accident loans in Florida are an important resource for plaintiffs. They provide financial support during the course of a lawsuit. These funds can be crucial when facing medical bills, vehicle repair costs, and daily living expenses while you are unable to work. Below is key information relevant to car accident loans within the state.
|Average car accident loan amount by LawsuitLoans.io in Florida||$10,629.60|
|Largest car accident loan by LawsuitLoans.io in Florida||$136,270.00|
|Average interest rate in Florida||20.9%|
|Median personal injury verdict in Florida||$31,000.00|
|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 Commercial Vehicle Accident Loan in Florida?
If you’ve been involved in a car accident, you might be wondering if you’re eligible for a lawsuit loan. The good news is that LawsuitLoans.io may be able to offer financial assistance while you wait for your claim to resolve. If you are 18 years old or over and have an attorney hired on a contingency basis, you meet the basic eligibility requirements for this kind of support.
Moreover, because a high insurance policy or self-insured entity is usually involved in every commercial vehicle accident claim, there’s already significant financial backing behind your claim. This often makes it easier to secure a lawsuit loan. Thus, if you fall into these requirements and are dealing with the repercussions of a commercial vehicle accident in Florida, you may be eligible for a loan from LawsuitLoans.io.
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.
Commercial Vehicle Accident Loan Process in Florida
If you’re involved in a commercial vehicle accident in Florida, it can be stressful and financially draining. This is where LawsuitLoans.io comes in. We offer loans to people who are waiting for their legal cases to resolve.
The process for getting a commercial vehicle accident loan is simple and straightforward. It consists of five main steps:
- Apply online: You start by filling out the application located at LawsuitLoans.io funding application.
- We contact your law firm: After your application is received, we will contact your law firm to get more details about your case.
- We review your case: Our team of experts will review the details of your case to determine if you qualify for a loan.
- You sign a contract: If you are approved, we will send you a contract to sign.
- You get funds: Once the contract is signed, you will receive the funds directly in your bank account.
Consider this example of a plaintiff named John. John was injured in a commercial vehicle accident and was waiting for his case to resolve. He needed funds immediately to manage his expenses, and so he applied for a lawsuit loan with LawsuitLoans.io.
He applied online, we contacted his law firm to gather case details. We reviewed his case and decided he qualifies for a loan. John then signed a contract, and we transferred the funds to his account. This way, John could handle his expenses as his legal case proceeded, without financial stress.
In conclusion, a commercial vehicle accident loan can be a lifesaver if you are injured and waiting for your lawsuit to settle. Apply today by clicking here or call us on (866) 594-1343.
Apply today and get funds as soon as the same day you apply!
How Much Money Can I Get From my Commercial Vehicle Accident Pre-settlement Loan?
LawsuitLoans.io is equipped to provide lawsuit loans ranging from $500 up to over $1,000,000. The amount of money we can forward depends on the expected value of your settlement or verdict.
- If your case is ongoing, we can advance a maximum of 25% of your predicted portion of the settlement.
- If your case has been settled, we can offer 50% of your expected portion of the settlement.
To illustrate, let’s consider a plaintiff in Florida. They were involved in an accident with a commercial vehicle and has a lawsuit worth an estimated $500,000. This case is still being resolved and won’t likely be settled for some time.
Here’s a breakdown: Medical providers typically receive about 1/3 of the settlement, which would be around $170,000 for this case, with another third going to the attorney. This leaves the plaintiff with an expected amount of $170,000. Given these numbers, LawsuitLoans.io could potentially advance around 25% of that amount to the plaintiff — that’s approximately $42,500.
What Types of Commercial Vehicles are Frequently Involved in Cases we Fund in Florida?
Preparing for a lawsuit can be overwhelming, especially if you’re also dealing with the fallout of an accident. LawsuitLoans.io aims to provide pre-settlement funds, making this process a little easier. One area where we frequently provide funding involves cases with commercial vehicles in Florida. Here are some of the most common ones we see:
These large vehicles are a common sight on Florida’s highways. Semi-trucks are often involved in serious accidents due to their size and weight. When these vehicles cause harm, the resulting lawsuits can take a lot of time to resolve. That’s where we step in with our funding services.
Different types of buses, such as city buses or charter buses, are another common type of vehicle involved in Florida accidents. Being in a bus accident can lead to severe injuries and long legal battles. Again, LawsuitLoans.io can help by providing pre-settlement funds.
Taxis and Ride-shares
Taxis and ride-shares circulate heavily in Florida, particularly in city areas. Accidents involving these transport services often result in personal injury claims. While waiting for your lawsuit’s resolution, we can provide the necessary funds.
Courier and Delivery Trucks
From local delivery vehicles to large courier trucks, these commercial vehicles are frequent in Florida. Accidents involving delivery trucks could mean lengthier claim processes. However, we’re here to support plaintiffs with pre-settlement funding.
No matter what kind of vehicle is involved – commercially or privately used, we offer funding for car accident claims across the board. At LawsuitLoans.io, we aim to ease your financial strain while your legal case is being resolved.
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 is proud to serve residents nationwide, providing crucial funding to plaintiffs who are waiting for their legal cases to resolve. Our reach covers all cities in the Sunshine State of Florida, including the following top 10 cities by population:
- St. Petersburg
- Port St. Lucie
- Cape Coral
- Fort Lauderdale
No matter where you are located, our team is ready to assist you. For more information on how to apply for funding, please visit our LawsuitLoans.io funding application or call us at (866) 594-1343.
Roadway Accident Cases we Fund in Florida
At LawsuitLoans.io, we fund almost any type of roadway accident in Florida. Here is a list of some of the cases we can help with:
- Bicycle Accident Loans: We provide funding for plaintiffs involved in bicycle accidents.
- Car Accident Loans: Car accidents can result in lengthy legal battles. We offer financial help to tide you over.
- Commercial Vehicle Accident Loans: If you’re involved in an accident with a commercial vehicle, we can provide funding.
- Semi Truck Accident Loans: Semi truck accidents often lead to serious injuries, and we are here to offer financial support during your legal case.
- Government Vehicle Accident Loans: We assist those who have been in accidents involving government vehicles.
- Motorcycle Accident Loans: Our loans can help motorcycle accident victims deal with financial strains.
- Pedestrian Accident Loans: We support pedestrians who have been injured in road mishaps.
- Rideshare Accident Loans: Those involved in rideshare accidents can turn to us for financial assistance during their legal case.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Florida Commercial Vehicle Accident Funding FAQs
If you’re a Florida resident who’s been involved in a commercial vehicle accident, you might have several questions. This section covers some of the most common questions we receive at LawsuitLoans.io.
How much does it cost to get a commercial vehicle accident lawsuit loan?
Multiple factors influence the cost of your commercial vehicle accident lawsuit loan. These include the expected payout at the end of your case and the duration of your case among other factors. We offer transparent fee structures to avoid any hidden charges. For a more accurate estimate, consider filling out our funding application.
Do I qualify for a lawsuit loan on my commercial vehicle accident case?
To qualify for a lawsuit loan at LawsuitLoans.io, you need an active commercial vehicle accident lawsuit. Also, you must have an attorney representing your case. These are the two primary criteria, though other factors may be considered during the assessment process.
Can you get a loan on a commercial vehicle accident settlement?
Yes, you can. At LawsuitLoans.io, we offer pre-settlement loans. That means you can access financial assistance even before your lawsuit is settled. To apply for a loan on your commercial vehicle accident settlement, visit our funding application page.