Florida Motorcycle 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 Motorcycle Accident Lawsuit Loans in Florida
A motorcycle accident lawsuit loan is a financial agreement provided by companies like LawsuitLoans.io. It provides plaintiffs with funds during a legal case. The funds are to help them meet their immediate needs while they wait for a resolution of their case.
For example, if you are involved in a motorcycle accident, you may have pressing bills or other financial concerns. But you can’t work due to your injuries. A lawsuit loan can provide you with the cash you need in such a situation.
A key aspect to understand is that a motorcycle accident loan is a non-recourse advance. This means that the company provides the advance against a possible future settlement from your accident. However, if you don’t win your case or receive a settlement, you won’t have to repay any of the advanced funds. You are only obliged to repay the advance when you win the case and receive your settlement.
Therefore, a motorcycle accident loan can be a lifesaver for plaintiffs in dire financial straits. It provides the breathing room needed to allow a full and proper legal process to determine the rightful settlement, without forcing the individual into an early compromise for financial reasons.
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
We will provide a summary of key facts about car accident loans in Florida. This information relates to the average and maximum loan amounts, prevalent interest rates, and legal aspects pertaining to car accident claims. The table below will throw more light on these details.
|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 Motorcycle Accident Loan in Florida?
If you’ve been involved in a motorcycle accident in Florida, you might be wondering if you qualify for a lawsuit loan. Fundamentally, these loans help plaintiffs manage their financial needs while they wait for their legal cases to resolve. The primary eligibility criteria include:
- Having a valid legal claim against an insurance company or self-insured company. This simply means that you have filed a case claiming damages as a result of the accident.
- Having an attorney hired on a contingency basis. This means that your attorney’s fees are contingent (dependent) on winning the case. They will get paid a portion of the settlement if, and only if, you win the case.
- Being 18 years old. You must be of legal adult age to apply for a motorcycle accident lawsuit loan.
If you meet these criteria, you could be eligible for a lawsuit loan with LawsuitLoans.io. Check out our funding application.
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.
Motorcycle Accident Loan Process in Florida
For plaintiffs who have been involved in a motorcycle accident in Florida, waiting for the legal process to resolve can be a long and stressful exercise. While you focus on your recovery, LawsuitLoans.io is here to ease your financial stress. Here’s a brief overview of how our ‘pedestrian vs. auto’ lawsuit loans work in five main steps:
- Apply online: Start off by filling out an application form on the LawsuitLoans.io funding application. This will give us the initial information we need about your case.
- We contact your law firm: After you’ve safely submitted your online application, we will get in touch with your law firm to obtain additional details about your case.
- We review your case: Our legal experts will review the details of your case thoroughly and evaluate its value.
- You sign a contract: If your case qualifies for a loan, we will send you a contract to sign. This document outlines the terms of the loan agreement.
- You get funds: Once the contract is signed and returned, you will receive your pre-settlement funds. Use these funds to pay bills, medical expenses or any other needs while your case is being resolved.
Let’s consider John for example. John was injured in a motorcycle accident in Miami and couldn’t work due to his injuries. He applied online with LawsuitLoans.io for a loan against his pending lawsuit. We contacted his law firm, reviewed his case and deemed it valuable for a loan. After signing a contract, John received his funds within 24 hours. This helped ease his stress as he could now manage his necessities while he waited for his case to resolve.
Apply today and get funds as soon as the same day you apply!
Types of Motorcycle Accident Claims in Florida
Motorcycle accidents come in many forms, each with their unique circumstances and potential consequences. Understanding the different types of accidents and how they could influence your claim is important.
These accidents occur when a vehicle strikes a motorcycle from behind. Often, this can happen due to distracted or aggressive driving. Rear-end collisions frequently lead to severe injuries for the motorcyclist.
A common type of motorcycle accident. This happens when a vehicle makes a left turn in front of an oncoming motorcycle that’s going straight. Many drivers fail to notice motorcycles due to their small size, leading to such dangerous situations.
Lane Splitting Accidents
Lane splitting refers to when motorcycles drive between lanes of traffic. Accidents can happen when other drivers don’t expect a motorcycle in these areas. While lane splitting isn’t illegal in every state, it is in Florida.
The state of Florida follows an at-fault system when it comes to traffic accidents. In terms of a motorcycle accident, this means the party responsible for causing the accident bears the liability. Thus, the circumstance of your accident and how fault is determined could significantly impact the success of your lawsuit.
If you’re currently dealing with a legal claim following a motorcycle accident, you might be eligible for pre-settlement funding from LawsuitLoans.io. To learn more, visit LawsuitLoans.io or dial (866) 594-1343. For an immediate application, click HERE.
How Much Money Can I Get From my Motorcycle Accident Pre-settlement Loan?
Lawsuit loans provided by LawsuitLoans.io can range from $500 to more than $1,000,000. While your case is still being resolved, we can provide you with advance funding up to 25% of the forecasted amount of your settlement. If your case has already been settled, we can advance up to 50% of your expected settlement portion.
As an example, let’s consider a plaintiff from Florida who is involved in a motorcycle accident lawsuit. The estimated value of that case is $350,000, and it’s likely to be some time before it’s resolved. Typically, medical providers receive around one-third of the settlement. Similarly, the attorney also gets one-third. Thus, the plaintiff would receive an estimated total of $115,000. Considering our policy, we could advance approximately 25% of that amount, which would be around $29,000.
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.
Roadway Accident Cases we Fund in Florida
We fund nearly any roadway accident in Florida. If you find your case on the list below, it means you can apply for funding:
- Bicycle Accident Loans: If you were involved in a bicycle accident due to the negligence of others, you could be eligible for a lawsuit loan.
- Car Accident Loans: A legal loan can help cover costs while your car accident claim is being settled.
- Commercial Vehicle Accident Loans: Accidents involving commercial vehicles can result in severe injuries. Apply for a lawsuit loan to get financial assistance.
- Government Vehicle Accident Loans: If you’re waiting for a settlement from an accident involving a government vehicle, a lawsuit loan can help with expenses.
- Motorcycle Accident Loans: Motorcycle accidents often result in heavy medical bills. Apply for a lawsuit loan to get the funds you need.
- Pedestrian Accident Loans: If you were pedestrians and got hit by a vehicle, we can provide a lawsuit loan to help tide you over until your case settles.
- Rideshare Accident Loans: If you had an accident while using rideshare services like Uber or Lyft, you could qualify for a lawsuit loan.
Major Cities we Serve in Florida
At LawsuitLoans.io, we take pride in serving residents across Florida. We are committed to providing swift and efficient pre-settlement funding for plaintiffs in need, regardless of where they live. Whether you reside in a bustling city or a tranquil town, our services are available to all Florida residents and nationwide. Below are the top 10 largest cities in Florida that we serve:
- St. Petersburg
- Port St. Lucie
- Cape Coral
- Fort Lauderdale
If your city isn’t listed above, don’t worry. The reach of LawsuitLoans.io extends far beyond these cities. Regardless of where you reside within Florida and beyond, rest assured that LawsuitLoans.io is committed to providing swift, reliable, and hassle-free legal funding support.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Florida Motorcycle Accident Funding FAQs
If you are a Florida resident and have been involved in a motorcycle accident, it’s likely you have several questions about lawsuit loan options. Here we’ll be answering some of the common queries:
How much does it cost to get a motorcycle accident lawsuit loan?
The cost of obtaining a motorcycle accident lawsuit loan varies from case to case. It primarily depends on the details of your case, the amount you need, and the duration of the loan. You can get a detailed overview of the costs by visiting LawsuitLoans.io or calling the toll-free number (866) 594-1343.
Do I qualify for a lawsuit loan on my motorcycle accident case?
Qualification for a lawsuit loan depends on the merit of your case, the anticipated settlement amount, and other various factors. If your case has strong grounds and it’s likely that you will win a substantial settlement, it’s likely you will qualify for a lawsuit loan. For a more complete evaluation, consider contacting LawsuitLoans.io for further information.
Can you get a loan on a motorcycle accident settlement?
Yes, you can obtain a loan on a motorcycle accident settlement. Once again, the details of your case and your expected settlement contribute to approval. To start the application process, visit LawsuitLoans.io funding application.