Florida Pedestrian 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 Pedestrian Accident Loans in Florida
A pedestrian accident loan is a form of funding that plaintiffs can apply for if they were injured as pedestrians. LawsuitLoans.io offers this type of loan to plaintiffs in Florida. Simply stated, it is a cash advance against your future settlement award from the lawsuit. This loan is designed to help a plaintiff cover living expenses while waiting for their case to close.
These loans are non-recourse advances. What does that mean? It means that if you don’t win your case or receive a settlement, you don’t have to pay the loan back. The risk falls on the lending company, not the plaintiff. Hence, it provides financial relief for plaintiffs who can’t afford the cost of recovery and other expenses during the litigation process.
Applying for a pedestrian accident loan is simple through our LawsuitLoans.io funding application. Approval is based not on your credit score, but on the merits of your case. Our team will work closely with your attorney to understand the specifics of your case and determine the exact loan amount that you qualify for.
Lastly, whether you win or lose your case, a pedestrian accident loan can be a lifeline. It provides necessary breathing room for plaintiffs navigating the aftermath of an accident while striving for justice in court.
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 designed to provide financial assistance to plaintiffs who are awaiting the resolution of their personal injury claims. These loans can make a significant difference in helping cover immediate expenses while waiting for a case’s settlement.
|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 Pedestrian Accident Loan in Florida?
If you’ve experienced a pedestrian accident in Florida, you might be wondering if you’re eligible for a lawsuit loan. Lawsuit Loans.io provides pre-settlement funding to plaintiffs awaiting the resolution of their legal cases. However, not everyone is eligible. Let’s consider the primary criteria.
Firstly, to qualify, you must have a valid legal claim against an insurance company or a self-insured company. This means that there must be another party responsible for your accident who can compensate your damages.
Secondly, you must have an attorney hired on a contingency basis. In other words, your lawyer agrees to get paid only if you win the case. This condition is crucial because it demonstrates that a legal professional has assessed your case and sees merit in it.
Last but not least, you must be 18 years old or over. This is a standard requirement in most legal agreements, including lawsuit loans.
So, if you meet these criteria, you could be eligible for a pedestrian accident lawsuit loan in Florida.
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.
Pedestrian Accident Loan Process in Florida
Being part of a pedestrian accident is tough. Along with the physical trauma, there’s also financial strain as you wait for your lawsuit to settle. This is where pedestrian vs. auto lawsuit loans come in. These loans can provide much-needed funds to plaintiffs while they wait.
The process is simple and consists of five main steps:
- Apply online: You fill out an application on the LawsuitLoans.io site.
- We contact your law firm: After submitting your application, our team reaches out to your attorney for more details about your case.
- We review your case: We do a thorough review of your case to evaluate the risk and decide upon the amount to be funded.
- You sign a contract: If we approve your application, a contract is sent to you for signature. It documents all the terms and conditions of the loan.
- You get funds: As soon as you sign and return the contract, the funds are transferred to your account.
Now, let’s consider Jane’s story as an illustrative example. Jane was injured in a pedestrian accident in Florida. While she initiated legal action against the party at fault, the medical bills started piling up. On top of that, daily expenses continued to accrue. Left with no other choice, she decided to apply for a pedestrian vs. auto lawsuit loan with LawsuitLoans.io.
Jane applied online. We contacted her law firm and reviewed her case thoroughly. After examining all the details, we approved her application. Jane signed the contract and received the funds that helped her cover medical and living expenses while she waited for her case to resolve. Lawsuit loans eased her financial strain during this critical time.
Apply today and get funds as soon as the same day you apply!
Types of Pedestrian Accident Claims in Florida
In the state of Florida, there are numerous types of pedestrian accidents that could result in legal claims. These can include, but are not limited to, hit-and-run incidents, vehicle collisions at crosswalks, and accidents involving public transportation.
Causes for these incidents vary widely. They can occur due to negligent driving such as speeding, failure to yield, or distracted driving. Other causes might be poor road design, malfunctioning traffic signals, or pedestrians crossing roads illegally.
It’s also important to note how fault laws in Florida could impact a plaintiff’s chance of success in their lawsuit. Florida follows a “pure comparative negligence” system. This means that even if you are partially at fault for an accident, you can still recover damages. Nevertheless, your recovery will be reduced by the proportion of your fault. For instance, if you are found to be 30% at fault, you can only recover 70% of your total damages.
Therefore, assessing the circumstances surrounding your pedestrian accident is crucial to maximizing your success in a lawsuit. Because of these fault laws, having a professional review your case can be highly beneficial.
We encourage those involved in pedestrian accidents to reach out to LawsuitLoans.io for support during this trying time. Apply using our funding application or ask any questions toll-free at (866) 594-1343.
How Much Money Can I Get From my Pedestrian Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. If your case is still ongoing, we can advance up to a maximum of 25% of your expected part of the settlement. For cases which have already settled, we can provide half of your anticipated portion of the settlement.
Here’s an example to help illustrate this. Let’s say you’re a plaintiff based in Florida. You have an ongoing pedestrian accident case with an estimated value of $300,000. This case will not settle for quite some time. Typically, medical providers receive around one third of the settlement amount, while another third goes to the attorney. This leaves you with an estimated share of $100,000. In this scenario, we could potentially advance approximately 25% of that sum, which equals $25,000.
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
At LawsuitLoans.io, we fund almost any type of roadway accident in Florida. Here are a few examples:
- Bicycle Accident Loans: We provide funding for bicycle accidents.
- Car Accident Loans: We offer financial help for car accidents.
- Commercial Vehicle Accident Loans: Funding is available for commercial vehicle accidents.
- Government Vehicle Accident Loans: We fund cases involving government vehicle accidents.
- Motorcycle Accident Loans: Financial assistance is provided for motorcycle accidents.
- Pedestrian Accident Loans: Plaintiffs in pedestrian accidents can apply for pre-settlement funding.
- Rideshare Accident Loans: We fund litigation for accidents involving rideshare companies.
- Semi-Truck Accident Loans: We offer financial support for semi-truck accidents.
Major Cities we Serve in Florida
At LawsuitLoans.io, we’re proud to offer funding to individuals with ongoing legal cases across the state of Florida. Below is a list of the top 10 cities in Florida by population where we provide our services:
- St. Petersburg
- Port St. Lucie
- Cape Coral
- Fort Lauderdale
Remember, these are just the top ten cities by population in Florida. LawsuitLoans.io provides funding for residents in all cities in Florida and nationwide. So, it doesn’t matter where you reside, you can always count on us for your lawsuit funding needs. For more information, please visit our website or call us toll free at (866) 594-1343.
Get up to $500,000 with rates as low as 2.5% simple, monthly
Florida Pedestrian Accident Funding FAQs
Being a victim of a pedestrian accident in Florida can be stressful and confusing. The following are some frequently asked questions to clear up some uncertainties about lawsuit funding for pedestrian accident victims.
How much does it cost to get a pedestrian accident lawsuit loan?
The costs associated with a lawsuit loan depend on several factors such as the amount you borrow, the length of time until your case settles, and the risk assessment of your case. The good news is that with LawsuitLoans.io, there are no hidden fees or charges.
Do I qualify for a lawsuit loan on my pedestrian accident case?
If you have a pending or settled pedestrian accident case, and you have hired an attorney, then you are likely eligible for a lawsuit loan. The specific circumstances of your case determine your eligibility.
Can you get a loan on a pedestrian accident settlement?
Yes, you can obtain a lawsuit loan based on a settled pedestrian accident case. Even if your case hasn’t reached a final settlement, you may still be able to secure a lawsuit loan with LawsuitLoans.io.