Iowa 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 Iowa
A government vehicle accident loan, commonly referred to as pre-settlement funding, is a unique financial tool benefiting plaintiffs involved in car accidents with government vehicles. Unlike traditional loans, these are non-recourse advances linked directly to the potential future settlement a plaintiff might receive.
If you suffer injuries due to a collision with a government vehicle, legal proceedings can be lengthy. Meanwhile, medical bills and daily expenses pile up, generating financial stress. That’s where LawsuitLoans.io comes into play. They provide plaintiffs access to advance funds, relieving some of the financial burdens ahead of case resolution.
So how does it work? If after reviewing your case, LawsuitLoans.io decides a positive verdict or settlement is likely, they will extend an advance based on the projected settlement. Reminder: this isn’t a typical loan because you only repay if you win the case or reach a settled agreement. If you lose your case, you owe nothing back to LawsuitLoans.io. This feature significantly reduces the financial risks typically associated with borrowing.
Government vehicle accident loans act as a lifeline for injured plaintiffs struggling with their expenses while awaiting justice.
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 Iowa
Car accident loans in Iowa are one type of pre-settlement funding provided by LawsuitLoans.io, specifically to plaintiffs undergoing personal injury legal cases involving car accidents. Below is a table showing the key facts about these financial aids in the state.
| Average car accident loan amount by LawsuitLoans.io in Iowa | $17,308.60 |
| Largest car accident loan by LawsuitLoans.io in Iowa | $76,993.00 |
| Average interest rate in Iowa | 21.5% |
| Median personal injury verdict in Iowa | $36,513.00 |
| Iowa statute of limitations | 2 years; Iowa Code Ann. Section 614.1 |
| Iowa fault laws | Iowa 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 Iowa?
If you’ve been in a car accident involving a government vehicle in Iowa, you may be wondering whether you’re eligible for a lawsuit loan. Good news – eligibility for these loans is quite straightforward.
In general, taking on a claim involving a government vehicle means dealing with a party that is either self-insured or substantially insured. This can impact the way your case is handled, but it does not interfere with your ability to secure a loan.
The most important criteria for eligibility are having an attorney working on a contingency basis and being at least 18 years old. If you meet these conditions, you may be able to obtain a government vehicle accident loan.
Having an attorney ensures that you have professional help navigating through the complexities of your case. Being at least 18 establishes the legal adulthood necessary for entering into a loan agreement. Beyond these requirements, the specifics of your case do not keep you from applying for and potentially receiving a lawsuit loan.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Government Vehicle Accident Claims in Iowa
When we talk about accidents involving government vehicles, a wide range comes to mind. The most common government vehicles involved in accidents within Iowa are:
City Buses
City buses often transport the populace from one place to another. However, due to their heavy use, accidents are inevitable. Common causes for such accidents include reckless driving by the bus driver or another driver, mechanical issues, or unfavorable road conditions.
Police Vehicles
Accidents involving police cars are also quite common. They’re frequently seen on roads, often in high-speed chases which can endanger both officers and civilians. Speed-related crashes are common with police vehicles.
School Buses
School buses have a critical role to play in transporting children daily. Despite their safe design, they can still be part of accidents. These accidents can occur due to negligent drivers, mechanical faults, or poor road conditions.
Mail Trucks
Mail trucks operated by the United States Postal Service are another type of government vehicle that is often involved in accidents. Due to their widespread use, mail trucks can be hit while parked, rear-ended, or colliding with other vehicles.
Claims involving these vehicles can be complex because they involve dealing with government entities. As every situation is unique, it’s beneficial to seek expert legal assistance.
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 to over $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. If your case has already been settled, we can offer 50% of your expected portion of the settlement.
Let’s consider an example. Suppose you’re an Iowa plaintiff involved in a car accident case with an estimated value of $300,000. Your case hasn’t settled yet and may take more time. As a standard practice, medical providers usually receive about one-third of the settlement; your attorney will also receive one-third. This leaves you with approximately $100,000. We can typically advance 25% of that amount, or $25,000.
Cities we Service in Iowa
LawsuitLoans.io provides funding throughout Iowa. See more about our funding in Iowa 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 Iowa
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Iowa. Read more about the personal injury cases we fund in Iowa 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 Iowa here: