California Pedestrian 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 Pedestrian Accident Loans in California
If you’ve been injured as a pedestrian in California, you may have heard of “pedestrian accident loans”. But what are they, and how do they work?
A pedestrian accident loan is not actually a loan. Instead, it’s a form of pre-settlement funding. It’s an advance on money you might receive through a future car accident settlement.
This money can be used to cover immediate costs after your accident. These could be medical bills, loss of income, living expenses, or anything else you need.
The key feature of a pedestrian accident loan is that it is non-recourse. This means if you don’t win your case, you don’t need to pay back the advance.
So, if you’re facing financial stress while waiting for your legal case to resolve, a pedestrian accident loan might be an option to consider.
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
If you’ve been in a car accident in California and are waiting for your lawsuit to resolve, you might be eligible for a car accident loan from LawsuitLoans.io. This pre-settlement funding can provide you with the financial support you need in this challenging time.
| 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 to be 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 Pedestrian Accident Loan in California?
If you’ve been injured in a pedestrian accident and are considering a lawsuit loan, you may be wondering what the eligibility requirements are. The good news is that the primary eligibility criteria are straightforward.
Firstly, you need to have a valid legal claim against an insurance company or a self-insured company. Simply put, if you’re involved in a legal claim following your pedestrian accident and you’re suing either an insurance company or self-insured company, you may qualify for a lawsuit loan.
Secondly, it’s important to have an attorney hired on a contingency basis. This means your attorney only gets paid if they win or settle your case. This demonstrates to LawsuitLoans.io that you have legal representation committed to winning your case.
Finally, you must be at least 18 years old. While this might seem obvious, it’s an important requirement as minors cannot legally enter into contracts.
If you meet these requirements, you could potentially receive a pedestrian accident loan in California through LawsuitLoans.io. Contact us today at our toll-free number (800) 340-4973 or fill out the application form located at LawsuitLoans.io funding application to get started.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Pedestrian Accident Claims in California
In California, pedestrian accident claims often involve a range of unfortunate incidents. They can include incidents involving pedestrians hit by cars, bicyclists, or even individuals on electric scooters. Regardless of the vehicle involved, these accidents are usually severe, resulting in significant injuries and even fatalities.
A common pedestrian accident scenario is an individual being struck by a car when crossing the street. This instance may occur when drivers fail to yield right-of-way to the pedestrian at crosswalks, or when drivers are not paying attention due to factors like distracted driving, intoxication, or simple negligence.
Accidents involving bicycles and electric scooters are also increasingly common. This is due to the growing use of alternative transportation methods in urban areas. In such cases, a pedestrian can be injured when a cyclist or scooter rider fails to follow traffic laws or loses control of their vehicle.
California uses a “pure comparative negligence” law, meaning that the fault for an accident can be shared. This means that even if a pedestrian is partially at fault for the accident, they may still be able to recover damages. However, their compensation will be reduced by their percentage of fault. For instance, if a pedestrian is found to be 20% at fault, their monetary recovery would be reduced by 20%.
The circumstances of each accident greatly impact the potential outcome of a lawsuit. If an accident occurs because of clear fault on part of another individual (like a speeding driver), a pedestrian is likely to have a higher chance of success in their lawsuit. Therefore, knowing how fault laws apply can be crucial to understand your potential for legal recovery.
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Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Pedestrian Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 – $1,000,000+. We can provide funds up to a maximum of 25% of your expected share of the settlement if your case is still unresolved. For settled cases, we can advance 50% of your expected share of the final settlement.
Let’s explore an example. Suppose a plaintiff in California is involved in a pedestrian accident case estimated to be worth $300,000. The case is still ongoing and won’t be settled for some time. Generally speaking, medical providers receive around 1/3 of the settlement, the attorney gets another 1/3 of the settlement. This leaves the plaintiff with an expected share of approximately $100,000. In such a case, we can advance about 25% of that amount, or $25,000, to the plaintiff.
Roadway Accident Cases we Fund in California
We fund almost any type of roadway accident in California. Here are some of the cases that fall under our purview:
- Bicycle Accident Loans: When a rider has been injured due to another’s negligence.
- Car Accident Loans: We provide funding for victims of various vehicle accidents.
- Commercial Vehicle Accident Loans: For commercial vehicle drivers who have suffered injuries while on duty.
- Government Vehicle Accident Loans: If you’ve been injured due to a government vehicle’s negligence, you’re covered.
- Motorcycle Accident Loans: We help motorcycle accident victims secure needed funding.
- Pedestrian Accident Loans: If you were hit as a pedestrian, we can provide a loan to cover your costs.
- Rideshare Accident Loans: Rideshare users or drivers who have been injured can secure funding with us.
- Semi-Truck Accident Loans: For those who are injured in semi-truck accidents, we offer financial support.
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.
Cities we Service in California
LawsuitLoans.io provides funding throughout California. See more about our funding in California by visiting the city pages below:
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: