California Rideshare Accident Loans
- Get Cash as Soon as the Same Business Day
- Rates as Low as 2.5% Simple, Monthly
- Repay $0 if You Lose Your Case
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What Are Rideshare Accident Loans in California
A car accident loan is a pre-settlement cash advance that provides crucial financial support to plaintiffs awaiting their case settlement. These loans are designed for individuals involved in car accidents who need immediate funds to cover their ongoing expenses, including medical bills and personal costs.
The way it works is simple: the plaintiff applies for a loan through companies like LawsuitLoans.io. If approved, they receive an advance on the potential settlement of their lawsuit. This money can be used as the plaintiff sees fit.
Specifically focusing on rideshare accidents in California, these loan types serve as a lifeline for many people who’ve been injured in a rideshare accident and are going up against big-name providers like Uber and Lyft in court. The payout from such cases can be substantial, but the journey towards settlement can be long.
It’s important to note that these car accident loans are non-recourse advances. Essentially, this means that the repayment is completely contingent upon the case’s success. If the plaintiff does not win or secure a settlement in their legal case, they’re under no obligation to repay the loan. This places the risk on the loan provider, offering added protection for the plaintiff.
You can submit a funding application through LawsuitLoans.io funding application to get a car accident loan in California. For more information or assistance, please call our toll free phone number (800) 340-4973.
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 California
In California, car accident loans provided by LawsuitLoans.io offer a financially viable support system for victims involved in personal injury claims. This allows victims to maintain their financial stability while waiting for the resolution of their case. The following table provides key statistics about car accident loans specific to California.
| Average car accident loan amount by LawsuitLoans.io in California | $12,078.71 |
| Largest car accident loan by LawsuitLoans.io in California | $155,500.00 |
| Average interest rate in California | 20.6% |
| Median personal injury verdict in California | $114,305.00 |
| California statute of limitations | 2 Years; California Code of Civil Procedure Section 312 |
| California fault laws | California is an “at-fault” or “tort” state, meaning the driver found responsible for the accident is liable for damages. |
Get an Instant Quote
Input your requested funding amount and the time your case may take to settle here to see your potential savings and costs when you choose LawsuitLoans.io. While we sometimes offer rates as low as 2.5%, our calculator assumes a simple, non-compounding monthly rate of 3.3%. This calculator is for illustrative purposes only. Actual terms may differ. Please contact us for an instant, written quote for your request.
Advance Amount:
Months Until Settlement:
$2,900
Total Cost
Pay $2,900 on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
$1,697
Your Savings
Save $1,428 compared to competitors on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
33%
Percent Savings
Save 33% on a lawsuit loan of $10,000 if your case settles within 6 months of your advance.
Am I Eligible for a Rideshare Accident Loan in California?
If you’re a victim of a car accident, navigating through the legal battles and money needs can be challenging. A lawsuit funding can be a life-saver while you fight your case in court. But are you eligible for such a type of financial help? In this section, we will discuss the specific eligibility criteria for car accident lawsuit loans.
Given the nature of rideshare services, a high insurance policy is always involved in every rideshare accident claim. That being said, the only requirements to qualify for these claims are that you must have an attorney hired on a contingency basis and you need to be at least 18 years old. Meaning, if you’ve engaged the services of an attorney who does not collect any fees until you win your case, and you’re above the age of 18, you are typically eligible.
At LawsuitLoans.io, we fund claims arising from accidents involving any rideshare company or delivery service. Wondering about some of the companies covered? Here are a few examples:
- Uber: Founded in 2009, Uber has become one of the leading rideshare services across the globe.
- Lyft: Launched in 2012, Lyft operates in hundreds of U.S. cities as well as in select international locations.
- DoorDash:Started in 2013, DoorDash is a popular food delivery service available in over 4,000 cities in the U.S., Canada, and Australia.
Remember, it’s crucial to clarify any doubts about your eligibility for a rideshare accident loan with an experienced attorney. Feel free to apply for a loan with us or contact us at (800) 340-4973 for any questions.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
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.
For instance, let’s consider a plaintiff in California who was involved in a rideshare accident and has a claim with an estimated value of $500,000. The case is still ongoing and will not settle for some time. As a rule, medical providers typically receive about a third of the settlement, with another third going to the attorney. This leaves the plaintiff with approximately $170,000 from the settlement.
At LawsuitLoans.io, we can advance about 25% of that amount, or $42,500.
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Apply today and get funds in as little as 24 hours!
Roadway Accident Cases we Fund in California
We provide funding for almost any type of roadway accident claim in California. Here are some of the case types we commonly fund:
- Bicycle Accident Loans – Funding available for victims of bicycle accidents.
- Car Accident Loans – We provide funds for individuals involved in car accidents.
- Commercial Vehicle Accident Loans – Funding for accidents involving commercial vehicles.
- Government Vehicle Accident Loans – If a government vehicle was involved in your accident, we can help.
- Motorcycle Accident Loans – Motorcycle accident plaintiffs can apply for our funding.
- Pedestrian Accident Loans – Injured pedestrians can turn to us for financial support.
- Rideshare Accident Loans – If a rideshare service was involved in your accident, we’re here to help.
- Semi-Truck Accident Loans – We also offer funding for semi-truck accident cases.
Cities we Service in California
LawsuitLoans.io provides funding throughout California. See more about our funding in California by visiting the city pages below:
Get $500 – $500,000 in as Little as a Single Business Day!
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 business day.
Other Cases we Fund in California
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in California. Read more about the personal injury cases we fund in California here:
- Personal Injury Loans
- Police Misconduct Lawsuit Loans
- Medical Malpractice Lawsuit Loans
- Slip and Fall Lawsuit Loans
- Premises Liability Loans
- Dog Bite Lawsuit Loans
- Wrongful Death Loans
Read more about the roadway accident claims we fund in California here: