Massachusetts 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 Massachusetts
Rideshare accident loans in Massachusetts are a specific type of pre-settlement funding. It is essentially an advance on a plaintiff’s future car accident settlement made possible by companies like LawsuitLoans.io. Not to be mistaken as a conventional loan, these are non-recourse advances. This means that the plaintiff does not have to pay back the money if he or she loses the lawsuit.
These advances are designed to help plaintiffs secure funds before their case is resolved. Legal cases can sometimes take years to come to a conclusion. During this time, plaintiffs might go through financial stress – high medical bills, loss of earning capacity, and other expenses related to the accident. This is where rideshare accident loans step in.
They grant plaintiffs the ability to responsibly manage their financial obligations while waiting for their case to settle. Hence, the individual can focus more on their recovery and building a solid legal case.
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 Massachusetts
If you’re involved in a car accident lawsuit in Massachusetts, it can be a long and stressful process. During this time, financial pressures can mount. A car accident loan from LawsuitLoans.io can provide you with some relief. Our average loan amount to plaintiffs in Massachusetts is $34,649.00, with the largest loan given being $134,795.00. With an average interest rate of 18.5% in the state, we strive to provide you with affordable solutions during your tough times.
| Average car accident loan amount by LawsuitLoans.io in Massachusetts | $34,649.00 |
| Largest car accident loan by LawsuitLoans.io in Massachusetts | $134,795.00 |
| Average interest rate in Massachusetts | 18.5% |
| Median personal injury verdict in Massachusetts | $31,000.00 |
| Massachusetts statute of limitations | 3 years; Mass. Ann. Laws Ch. 260 Section 1 |
| Massachusetts fault laws | Massachusetts is a “no-fault” state, meaning your own insurance covers your losses regardless of who caused the accident. |
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 Massachusetts?
If you suffered from a car accident involving a ride-hail service and are awaiting a settlement, you may be considering the aid of lawsuit loans. Rideshare accident loans are actually quite accessible to plaintiffs in Massachusetts, with quite simple eligibility criteria.
Due to the fact that each rideshare accident claim involves a substantial insurance policy, the qualifying requirements for lawsuit loans are straightforward. The two major conditions are:
- You must have retained legal representation on a contingency basis. This means that your attorney only collects payment in case of successful litigation.
- You must be at least 18 years old.
LawsuitLoans.io provides funding for claims arising out of incidents involving any rideshare service or delivery company. Whether you were injured in a collision with an Uber car in Boston or were struck by a delivery driver from Instacart in Worcester, we can help. Let’s look briefly at a few of these companies:
- Uber: Founded back in 2009, Uber has since become a global phenomenon, offering both ridesharing and food delivery services.
- Lyft: A direct competitor to Uber, Lyft began operations in 2012 and has since spread throughout the United States and into parts of Canada.
- DoorDash: This San Francisco-based delivery giant was launched in 2013 and operates across the United States, Canada, and Australia.
- Instacart: Instacart was founded in 2012, offering grocery delivery and pick-up service in the U.S. and Canada.
For any of these companies, if you were involved in an accident, you may be entitled to a lawsuit loan.
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 vary greatly in range. You could possibly receive an advance anywhere from $500 up to significantly more than $1,000,000. It really depends on the specifics of your case.
While your lawsuit is still ongoing, we are able to provide you with a maximum of 25% of the sum you are expected to receive once the case resolves. However, if your case has already been settled, we can give you up to 50% of your portion of the settlement.
Let’s take a hypothetical scenario as an example: A plaintiff from Massachusetts has been involved in an accident. This was not just any accident though – it happened while using a rideshare service. Their claim has an estimated value of $500,000. The case is still ongoing though, and it will take some time before it’s resolved.
In general, healthcare providers are given about 1/3 of a patient’s settlement. The attorney handling the case also receives approximately the same amount. What does this mean for the victim? In this case, that leaves around $170,000 for them.
Based on these figures, our company could potentially offer an advance of about 25% of that $170,000. That adds up to around $42,500. That’s a substantial amount of money that could help address the financial hardships often associated with accidents and the ensuing lawsuits.
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Apply today and get funds in as little as 24 hours!
Roadway Accident Cases we Fund in Massachusetts
At LawsuitLoans.io, we fund almost any type of roadway accident lawsuits in Massachusetts. Here’s a short summary of each:
- Bicycle Accident Loans: Financial support for victims in ongoing bicycle accident lawsuits.
- Car Accident Loans: Monetary aid for individuals coping with the expenses from car accidents, while awaiting their lawsuit outcome.
- Commercial Vehicle Accident Loans: Pre-settlement funding for commercial vehicle accident lawsuits.
- Government Vehicle Accident Loans: Financial assistance for those involved in accidents with government vehicles.
- Motorcycle Accident Loans: Helps cover costs for those injured in motorcycle accidents, awaiting settlement.
- Pedestrian Accident Loans: Funding for pedestrians who suffered harm by a vehicle, and are in the process of a lawsuit.
- Rideshare Accident Loans: Lawsuit loans for individuals involved in accidents with rideshare services like Uber or Lyft.
- Semi-Truck Accident Loans: Pre-settlement funding available for semi-truck accident cases.
Cities we Service in Massachusetts
LawsuitLoans.io provides funding throughout Massachusetts. See more about our funding in Massachusetts 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 Massachusetts
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Massachusetts. Read more about the personal injury cases we fund in Massachusetts 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 Massachusetts here: