California Government Vehicle 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 Government Vehicle Accident Loans in California?
Have you heard of car accident loans? These are funds given to a person who has been hurt in an accident. This person is often referred to as the plaintiff. But what if the accident was with a government vehicle? That’s where government vehicle accident loans come into play.
A government vehicle accident loan is a special kind of financial support. It specifically caters to plaintiffs involved in accidents with government vehicles. These loans are non-recourse advances on the plaintiff’s future settlement following a car accident.
‘Non-recourse’ means that if you don’t win your case, you don’t need to pay back the money. You’re only required to repay the loan if you win your lawsuit.
The aim of this aid is to lessen the financial burden faced by plaintiffs post-accident. These loans can assist in covering medical bills, living expenses, and legal fees while the case is ongoing.
Remember, every case is unique. What works well for one plaintiff may not be best for another. Always consult with a trusted financial advisor or attorney before deciding to take out a lawsuit loan.
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 can provide important aid to plaintiffs as they await legal resolution. As each case is unique, these loans’ specifics may vary. The table below offers key statistics and relevant state regulations regarding car accident loans in 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 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 Government Vehicle Accident Loan in California?
Knowing the eligibility criteria is crucial if you are thinking of applying for car accident lawsuit loans in California. There are two key requirements here. First, you must have an attorney representing you on a contingency basis. Therefore, getting legal representation secured is a vital step in attaining these types of loans. The second necessity is that you must be at least 18 years old.
Why do we require that a lawyer represents you? When your claim involves a government vehicle, it entails dealing with a self-insured or substantially insured entity. Ensuring professional legal representation increases your chances of obtaining a successful resolution to your case and enhances your loan approval odds.
In conclusion, if you are involved in a suit regarding a government vehicle accident, and are represented by a lawyer on a contingency basis, and over the age of 18, you meet the criteria to apply for a loan from LawsuitLoans.io.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Government Vehicle Accident Claims in California
Government vehicles are no exception to accidents that occur on the road. Various types of these vehicles can subject to accidents and often give rise to personal injury claims. Some examples of commonly involved government vehicles include:
- Police Vehicles: Our figures show that police vehicles are among the most frequent government vehicles involved in accidents. In chase situations or emergencies, accidents can occur.
- Fire Trucks: Fire engines also frequent accident cases. They oftentimes have to travel at high speeds in emergency situations which can lead to collisions.
- Public Transit Buses: City buses carry many passengers and operate throughout busy urban areas, increasing the opportunity for accidents.
- Department of Transportation Vehicles: Vehicles operated by the Department of Transportation such as maintenance trucks and snow plows can also be a part of road accidents.
- School Buses: Last but not least, school buses transport our children daily, and unfortunately, they can be involved in accidents too.
If you or a loved one has been injured in an accident involving any type of government vehicle in California, you may be entitled to compensation. It is advisable to contact a legal professional who has experience dealing with such cases. Feel free to apply for pre-settlement funding at LawsuitLoans.io or call us toll-free at (800) 340-4973.
Get Started
Apply today and get funds in as little as 24 hours!
How Much Money Can I Get From my Government Vehicle 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 look at an example. Assume you are a plaintiff in California involved in a car accident. The estimated value of your case is $300,000 and it will not settle for some time. As a general rule of thumb, medical providers are paid around 1/3 of the settlement, the attorney receives another 1/3, leaving approximately $100,000 for the plaintiff. In this scenario, LawsuitLoans.io can advance approximately 25% of that amount, or $25,000.
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: