Florida Motorcycle 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 Motorcycle Accident Lawsuit Loans in Florida
A motorcycle accident lawsuit loan is a financial agreement provided by companies like LawsuitLoans.io. It provides plaintiffs with funds during a legal case. The funds are to help them meet their immediate needs while they wait for a resolution of their case.
For example, if you are involved in a motorcycle accident, you may have pressing bills or other financial concerns. But you can’t work due to your injuries. A lawsuit loan can provide you with the cash you need in such a situation.
A key aspect to understand is that a motorcycle accident loan is a non-recourse advance. This means that the company provides the advance against a possible future settlement from your accident. However, if you don’t win your case or receive a settlement, you won’t have to repay any of the advanced funds. You are only obliged to repay the advance when you win the case and receive your settlement.
Therefore, a motorcycle accident loan can be a lifesaver for plaintiffs in dire financial straits. It provides the breathing room needed to allow a full and proper legal process to determine the rightful settlement, without forcing the individual into an early compromise for financial reasons.
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
We will provide a summary of key facts about car accident loans in Florida. This information relates to the average and maximum loan amounts, prevalent interest rates, and legal aspects pertaining to car accident claims. The table below will throw more light on these details.
| 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 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 Motorcycle Accident Loan in Florida?
If you’ve been involved in a motorcycle accident in Florida, you might be wondering if you qualify for a lawsuit loan. Fundamentally, these loans help plaintiffs manage their financial needs while they wait for their legal cases to resolve. The primary eligibility criteria include:
- Having a valid legal claim against an insurance company or self-insured company. This simply means that you have filed a case claiming damages as a result of the accident.
- Having an attorney hired on a contingency basis. This means that your attorney’s fees are contingent (dependent) on winning the case. They will get paid a portion of the settlement if, and only if, you win the case.
- Being 18 years old. You must be of legal adult age to apply for a motorcycle accident lawsuit loan.
If you meet these criteria, you could be eligible for a lawsuit loan with LawsuitLoans.io. Check out our funding application.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Motorcycle Accident Claims in Florida
Motorcycle accidents come in many forms, each with their unique circumstances and potential consequences. Understanding the different types of accidents and how they could influence your claim is important.
Rear-End Collisions
These accidents occur when a vehicle strikes a motorcycle from behind. Often, this can happen due to distracted or aggressive driving. Rear-end collisions frequently lead to severe injuries for the motorcyclist.
Left-Turn Accidents
A common type of motorcycle accident. This happens when a vehicle makes a left turn in front of an oncoming motorcycle that’s going straight. Many drivers fail to notice motorcycles due to their small size, leading to such dangerous situations.
Lane Splitting Accidents
Lane splitting refers to when motorcycles drive between lanes of traffic. Accidents can happen when other drivers don’t expect a motorcycle in these areas. While lane splitting isn’t illegal in every state, it is in Florida.
The state of Florida follows an at-fault system when it comes to traffic accidents. In terms of a motorcycle accident, this means the party responsible for causing the accident bears the liability. Thus, the circumstance of your accident and how fault is determined could significantly impact the success of your lawsuit.
If you’re currently dealing with a legal claim following a motorcycle accident, you might be eligible for pre-settlement funding from LawsuitLoans.io. To learn more, visit LawsuitLoans.io or dial (800) 340-4973. For an immediate application, click HERE.
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Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Motorcycle Accident Pre-settlement Loan?
Lawsuit loans provided by LawsuitLoans.io can range from $500 to more than $1,000,000. While your case is still being resolved, we can provide you with advance funding up to 25% of the forecasted amount of your settlement. If your case has already been settled, we can advance up to 50% of your expected settlement portion.
As an example, let’s consider a plaintiff from Florida who is involved in a motorcycle accident lawsuit. The estimated value of that case is $350,000, and it’s likely to be some time before it’s resolved. Typically, medical providers receive around one-third of the settlement. Similarly, the attorney also gets one-third. Thus, the plaintiff would receive an estimated total of $115,000. Considering our policy, we could advance approximately 25% of that amount, which would be around $29,000.
Roadway Accident Cases we Fund in Florida
At LawsuitLoans.io, we fund almost any type of roadway accident in Florida. Below is a list of the specific types of accidents that we cover:
- Bicycle Accident Loans – If you’ve been injured in a bicycle accident, we can provide immediate financial aid while you wait for your claim to resolve.
- Car Accident Loans – Following a motor vehicle crash, our car accident loans can help support you financially until you receive compensation.
- Commercial Vehicle Accident Loans – These loans offer monetary assistance if you’ve been harmed in an accident involving a business or commercial vehicle.
- Government Vehicle Accident Loans – We provide support to those who have suffered an accident involving government vehicles and are awaiting their legal case conclusion.
- Motorcycle Accident Loans – This funding supports riders who’ve experienced motorcycle accidents and are pursuing legal action.
- Pedestrian Accident Loans – If you’ve been hit as a pedestrian, we provide immediate financial aid while you await your case resolution.
- Rideshare Accident Loans – We offer funds to those waiting for their legal cases to resolve after a rideshare (Uber/Lyft) accident.
- Semi-Truck Accident Loans – Involved in a semi-truck accident? We can help with our lawsuit loans during your ongoing legal proceedings.
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 Florida
LawsuitLoans.io provides funding throughout Florida. See more about our funding in Florida by visiting the city pages below:
Other Cases we Fund in Florida
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Florida. Read more about the personal injury cases we fund in Florida 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 Florida here: