South Dakota 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 South Dakota
A car accident loan is a financial solution provided to plaintiffs who are currently tangled in a legal battle due to injuries suffered from an accident, specifically involving government vehicles. It’s not exactly a loan in the traditional sense, but rather, a cash advance on the future settlement that you might receive from your lawsuit. If your case loses, you owe nothing.
In the context of South Dakota, these loans are designed to alleviate the financial burden of victims involved in accidents with government vehicles. Government vehicle accident loans empower plaintiffs to cover their immediate needs like medical bills, living expenses, and legal costs while they wait for their compensation.
These advances are non-recourse in nature. That means if, unfortunately, the plaintiff does not win their case, they are under no obligation to pay back the funding entity. In simple words, the risk is completely borne by the funding company. This assurance provides much-needed relief and confidence to navigate the often long and complex legal journey.
To apply for such loans, visit LawsuitLoans.io funding application or call the toll free phone number (800) 340-4973. LawsuitLoans.io is committed to assisting plaintiffs secure their rightful compensation without compromising their current livelihoods.
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 South Dakota
Accidents happen, and when they do, the financial toll can be heavy. Car accident loans in South Dakota help alleviate this burden by providing the necessary funds while awaiting the resolution of the legal case. LawsuitLoans.io is here to assist you during this trying time, equipping you with the financial backing required to cover medical bills, loss of earnings, and other accident-related expenses.
| Average car accident loan amount by LawsuitLoans.io in South Dakota | $9,400.00 |
| Largest car accident loan by LawsuitLoans.io in South Dakota | $14,300.00 |
| Average interest rate in South Dakota | 22.5% |
| Median personal injury verdict in South Dakota | $31,000.00 |
| South Dakota statute of limitations | 3 Years; Title 15 Ch. 2 Section 15-2-14 |
| South Dakota fault laws | South Dakota 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.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Am I Eligible for a Government Vehicle Accident Loan in South Dakota?
If you have been in a car accident involving a government vehicle and are pursuing legal action against the responsible party, you might be wondering if you are eligible for a lawsuit loan. Rest assured, LawsuitLoans.io is here to help you understand the eligibility criteria for such loans.
Firstly, because any claim involving a government vehicle typically implicates a self-insured or substantially insured entity, there is inherently a significant level of protection and security here. In such cases, substantial insurance coverage helps mitigate risks associated with loan recovery, making it easier for pre-settlement funding companies like LawsuitLoans.io to approve your loan application.
Beyond this, there are only two additional criteria that you must meet to be considered eligible for a government vehicle accident loan:
- An attorney representing you on a contingency basis
- Being at least 18 years old
If both these conditions are met, you are likely to be eligible for such a loan in South Dakota. To learn more or start your application, please visit: LawsuitLoans.io funding application or call us at (800) 340-4973 today.
Types of Government Vehicle Accident Claims in South Dakota
There are various types of government vehicles that could possibly be involved in an accident in South Dakota. In this section, we will discuss some common examples and tell you a bit about each one.
Police Cars
Police cars are among the most likely government vehicles to be involved in an accident given their constant presence on our roads. When police officers are carrying out their duties, accidents may occur because of high-speed chases or rushing to crime scenes.
Fire Trucks
Fire trucks, while vital for public safety, can also be involved in traffic accidents. They are large and difficult to maneuver. Moreover, fire trucks often rush through traffic, responding to emergencies which increases the risk of potential accidents.
School Buses
School buses, operated by both county and city districts, transport students every weekday making them common participants in road traffic. Due to their size and the precious cargo (students) they carry, accidents involving school buses can be highly dire.
Municipal Vehicles
Municipal vehicles, including garbage trucks and city maintenance vehicles, regularly traverse our city streets. An accident may occur due to driver error, mechanical failure, or other drivers not understanding how to react when encountering these slow-moving vehicles.
Regardless of the type of government vehicles, seeking compensation for damages following an accident can be complicated. At LawsuitLoans.io, we can provide financial assistance to help you manage your expenses while pursuing your claim.
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?
LawsuitLoans.io offers lawsuit loans that can range anywhere from $500 right up to $1,000,000 and more. If your case is ongoing, we can grant an advance of up to a maximum of 25% of the portion of the settlement you are anticipated to receive. For cases that have been settled, the amount we may offer can go up to 50% of the expected payout.
Let’s use an example. Consider a plaintiff residing in South Dakota caught in a car accident with an estimated case value of $300,000. The case remains unresolved and will not be settled for some time. Based on general figures, about 1/3 of the settlement typically goes to medical providers, while another 1/3 goes as attorney fees. As a result, our plaintiff would potentially receive close to $100,000. In such a situation, we at LawsuitLoans.io, could provide an advance amounting to roughly 25% of the $100,000. That’s a significant $25,000 funding advance against the eventual settlement!
Cities we Service in South Dakota
LawsuitLoans.io provides funding throughout South Dakota. See more about our funding in South Dakota 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 South Dakota
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in South Dakota. Read more about the personal injury cases we fund in South Dakota 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 South Dakota here:
Does LawsuitLoans.io Directly Fund Cases in South Dakota?
While LawsuitLoans.io operates as a direct funder in most states it services, we act as a broker and originate funding requests to a select group of partner funding companies in South Dakota.