Texas 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
Apply in Seconds
What Are Government Vehicle Accident Loans in Texas
A car accident loan, particularly involving a government vehicle, is a financial tool designed for plaintiffs. This kind of loan caters to those who are injured due to the negligence or wrongdoing of a driver of a government vehicle. It offers an avenue for the victims to manage their medical and living expenses while waiting for the settlement of their legal case.
So what makes government vehicle accident loans special? The most notable feature is its non-recourse nature. In other words, it’s a risk-free advance to the plaintiff since the payback is solely dependent on the outcome of the case. If successful, the repayment comes out of the settlement. However, if the plaintiff loses, there’s no obligation to repay the loan provided by LawsuitLoans.io.
Contrary to the name, a government vehicle accident loan is not a traditional loan but is, in fact, a type of pre-settlement funding. This means you don’t have to worry about credit checks or employment verification. The only thing that matters is the strength of your case. Once approved, you can use the funds for any immediate financial needs you may have during the course of your legal battle.
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 Texas
Car accident loans provide a lifeline to Texas plaintiffs dealing with the financial strain of their ongoing legal battle. With these types of loans, you can have the peace of mind of securing funds against your lawsuit’s potential payout. The specifics of car accident loans in Texas, provided by LawsuitLoans.io, are outlined in the table below.
| Average car accident loan amount by LawsuitLoans.io in Texas | $9,400.29 |
| Largest car accident loan by LawsuitLoans.io in Texas | $100,500.00 |
| Average interest rate in Texas | 21.3% |
| Median personal injury verdict in Texas | $12,281.00 |
| Texas statute of limitations | 2 Years; Civ. Prac. & Rem Code Title 2 Ch. 16 Section 16.003 |
| Texas fault laws | Texas 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 Texas?
If you have been in a car accident involving a government vehicle and you are pursuing legal action, you might be wondering if you can qualify for a lawsuit loan. Lawsuit loans, also known as pre-settlement funding or litigation financing, allow plaintiffs to secure funds while waiting for their case to resolve. But what makes one eligible for this type of funding in Texas?
Because accidents involving government vehicles typically involve parties that are self-insured or substantially insured, the eligibility criteria for loans related to these cases can be different from those of other types of personal injury claims. Still, some general factors do come into play.
In Texas, for you to qualify for a government vehicle accident loan, you should meet the following criteria:
- You must be at least 18 years old: Just like with any other type of contract, you have to be a legal adult to apply for and receive a lawsuit loan.
- You should have hired an attorney on a contingency basis: Working with an attorney who only gets paid when you win your case demonstrates to the lawsuit loan company that you have a strong case and a good chance of receiving a settlement or court award.
If you meet these requirements, you could be eligible for a government vehicle accident loan in Texas. For more information about lawsuit loans and to apply, please visit LawsuitLoans.io or call them toll-free at (800) 340-4973. Their team is ready to help you understand your options and find a solution that works for you.
Types of Government Vehicle Accident Claims in Texas
In Texas, different types of government vehicles could be involved in accidents. When it happens, these accident claims fall into several different categories, depending on the type of vehicle involved.
Police Vehicles
Accidents involving police vehicles can be complex. Commonly, they happen during emergency responses when police vehicles travel at high speeds. However, if the officer driving is found to be negligent, you may be eligible for a claim.
Fire Trucks and Ambulances
Like police cars, fire trucks and ambulances travel at high speeds during emergencies. So, accidents occur. However, if the driver’s negligence is proven, a claim may be possible.
Public Buses
A bus driven by a government-employed driver can sometimes cause accidents. In such cases, claims could be filed against the responsible government body.
School Buses
Unfortunately, school buses can also be involved in accidents. If your child has been injured in such an occurrence, the school district might be held responsible for failing to provide safe transportation.
To learn more about filing a claim, visit LawsuitLoans.io or call (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 featuring a plaintiff from Texas involved in a car accident case. The estimated value of this case is $300,000. However, the case is still in progress and will not settle for some time.
Typically, medical providers receive around one-third (1/3) of the settlement and another one-third goes to the attorney handling the case. This leaves approximately $100,000 for the plaintiff. Given this situation, we can potentially advance around 25% of that amount, or $25,000.
Cities we Service in Texas
LawsuitLoans.io provides funding throughout Texas. See more about our funding in Texas 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 Texas
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Texas. Read more about the personal injury cases we fund in Texas 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 Texas here: