Virginia Rideshare 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 Rideshare Accident Loans in Virginia
Rideshare accident loans are financial boosts given to plaintiffs in a car accident suit awaiting the resolution of their case. In simpler terms, it is a cash advance on your potential accident settlement. These funds can help you meet your daily needs like medical bills, rent, or groceries as you await the final decision of your legal ordeal.
They operate on a non-recourse structure, locatable within the broader category of lawsuit loans. Non-recourse means that if you don’t win your lawsuit, you don’t have to pay the loan back. It’s that straightforward. Thus, essentially what one does is borrow against their future car accident settlement.
So when you’re involved in a rideshare accident in Virginia, and you’re in the middle of a lawsuit but need money to get by, a rideshare accident loan might be the viable option you’ve been searching for. The financial relief they provide enables you to persevere through the often long and draining legal process.
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 Virginia
If you’re involved in a car accident lawsuit in Virginia and require financial assistance, LawsuitLoans.io can help. Here’s a snapshot of car accident loans we have provided in the state:
|Average car accident loan amount by LawsuitLoans.io in Virginia||$6,458.00|
|Largest car accident loan by LawsuitLoans.io in Virginia||$32,695.00|
|Average interest rate in Virginia||21.0%|
|Median personal injury verdict in Virginia||$24,720.00|
|Virginia statute of limitations||2 Years; Title 8.01 Section 8.01-243|
|Virginia fault laws||Virginia is an “at-fault” or “tort” state, meaning the driver found to be responsible for the accident is liable for damages.|
Get up to $500,000 with rates as low as 2.5% simple, monthly
Am I Eligible for a Rideshare Accident Loan in Virginia?
There are some criteria you need to meet to be eligible for car accident lawsuit loans. The main aspect is the involvement of a high insurance policy in every rideshare accident claim. This means that for these claims, you only need to have hired an attorney on a contingency basis and be at least 18 years old.
We at LawsuitLoans.io provide funds for claims that arise from accidents involving any rideshare company or delivery service. Here are a couple examples of such companies:
- Uber: Founded in 2009, Uber revolutionized the rideshare industry. Serving millions worldwide, Uber’s vast insurance policies are often involved in legal claims.
- Lyft: Established in 2012, Lyft is considered Uber’s biggest competition in the U.S. Like all rideshare companies, it has comprehensive insurance policies in each accident claim.
- DoorDash: This delivery service, founded in 2013, covers millions of users. It too maintains high-level insurance policies for its drivers.
If you’ve experienced an accident involving these or any other delivery service, reach out to us for assistance with your claim.
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.
Rideshare Accident Loan Process in Virginia
Rideshare accident loans are a type of financial support available to those involved in rideshare accidents. These loans are often lifelines for plaintiffs waiting for legal settlements. The process of getting a rideshare accident loan in Virginia consists of five main steps:
- Apply online
- We contact your law firm
- We review your case
- You sign a contract
- You get the funds
Here’s an example of how this process works. Let’s take the case of John Doe, a Virginia resident who was injured in a rideshare accident. After the accident, John decided to pursue a lawsuit against the rideshare company. However, due to his injuries, he wasn’t able to work and required financial assistance.
He found out about the rideshare accident loans offered by LawsuitLoans.io. He chose to apply online. After submitting his application, LawsuitLoans.io contacted his law firm to verify and review the details of his case. Following a thorough review, they sent him a contract to sign. Upon signing, he received the funds he needed to cover his expenses while he awaited his settlement.
Apply today and get funds as soon as the same day you apply!
How Much Money Can I Get From my Rideshare Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. We can advance up to a maximum of 25% of your expected portion of the settlement if your case is still in progress. For settled cases, we can offer 50% of your expected portion of the settlement.
Let’s consider an example of a plaintiff in Virginia who was involved in a rideshare accident. The estimated value of their claim is $500,000, and the case is still ongoing and will not settle for some time. As a general rule of thumb, medical providers receive about 1/3 or $166,667 of the settlement, and the attorney gets another 1/3 or $166,667 of the settlement. As a result, the plaintiff would receive around $170,000.
In such a scenario, LawsuitLoans.io can advance approximately 25% of that amount, which would be around $42,500.
Major Cities we Serve in Virginia
At LawsuitLoans.io, we are proud to serve residents from all across the United States, including Virginia. No matter where you live in Virginia, our pre-settlement funding services are available to help with your financial needs.
Here are the top ten most populous cities in Virginia that we serve:
- Virginia Beach
- Newport News
Even if your city isn’t listed here, don’t worry! We offer our services to all cities in Virginia and nationwide. So, wherever you live, you can access our pre-settlement funding services to ease your financial worries while waiting for your lawsuit to resolve. Contact us today at (866) 594-1343 or apply online through our funding application.
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 Virginia
At LawsuitLoans.io, we fund almost any type of roadway accident in Virginia. Read below to learn more about the specific types of cases we support:
- Bicycle Accident Loans: We provide funding for cycling accidents stemming from someone else’s negligence.
- Car Accident Loans: If you’ve been hit by a car, we can help ease the financial strain with a lawsuit loan.
- Commercial Vehicle Accident Loans: Commercial vehicle accidents cause serious injuries. Our loans can help tide you over until your settlement arrives.
- Government Vehicle Accident Loans: Accidents involving government vehicles are complex. Let us bear the financial burden while your case is resolved.
- Motorcycle Accident Loans: Motorcycle accidents can be devastating. A lawsuit loan can help cover your expenses while you recover.
- Pedestrian Accident Loans: If you’ve been injured as a pedestrian, we offer funding to help you manage financially.
- Rideshare Accident Loans: Involved in a rideshare accident? We provide loans to assist you throughout your lawsuit progress.
- Semi-Truck Accident Loans: Semi-truck accidents can cause serious damage. If you’re involved in such a case, our lawsuit loan can help you stay afloat financially.
Virginia Rideshare Accident Funding FAQs
How much does it cost to get a rideshare accident lawsuit loan?
The cost of obtaining a lawsuit loan is not fixed and differs from company to company. LawsuitLoans.io strives to offer competitive rates that consider the expected time until your settlement and the risk profile of your claim. Additional details can be found out via our website LawsuitLoans.io or by calling our toll free phone number (866) 594-1343.
Do I qualify for a lawsuit loan on my rideshare accident case?
To qualify for a lawsuit loan, you must have an attorney representing your case. The eligibility largely depends on the expected outcome of your lawsuit. At LawsuitLoans.io, we closely review each application to ensure we can help those in need. Visit our application site at LawsuitLoans.io funding application to apply.
Can you get a loan on a rideshare accident settlement?
Yes, it’s possible to obtain a loan on a rideshare accident settlement. This type of funding is called a pre-settlement lawsuit loan and is based solely on the expected results of your lawsuit. LawsuitLoans.io can assist you with this process. Our dedicated team will work closely with you and your attorney to speed up the process and help you in your time of need.