Georgia 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 Georgia
A car accident loan is a financial option available to individuals who have been hurt in a wreck involving a government vehicle. However, this isn’t a traditional loan as you might picture. Instead, it operates more like a cash advance on the settlement you expect from your ongoing lawsuit.
In case you’ve been injured due to a government vehicle in Georgia, this form of funding is known as a government vehicle accident loan. The concept behind these advances is simple. They provide you with the money you need now, based on what your potential future settlement may be.
Government vehicle accident loans are especially significant for plaintiffs in auto accident cases where a city, county, or state vehicle is involved. These loans are designed to alleviate financial hardship during the litigation process and before a settlement is reached.
This type of loan differs from typical ones because of its non-recourse nature. “Non-recourse” means that you’re not required to pay back the money if you lose your case. It’s associated with the future outcome of your case, which means the risk falls on the lender. This provides you a financial safety net during this challenging time.
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 Georgia
This section will briefly outline the key information about car accident loans in Georgia provided by LawsuitLoans.io before diving into the specific details as seen in the table below:
| Average car accident loan amount by LawsuitLoans.io in Georgia | $5,253.22 |
| Largest car accident loan by LawsuitLoans.io in Georgia | $76,954.50 |
| Average interest rate in Georgia | 22.2% |
| Median personal injury verdict in Georgia | $257,500.00 |
| Georgia statute of limitations | 2 Years; Code of Georgia Annotated Section 9-3-71 |
| Georgia fault laws | Georgia is an “at-fault” or “tort” state, which means the driver found 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 Georgia?
In Georgia, qualifying for a car accident lawsuit loan largely depends on two vital criteria. First, you must have an attorney working on your case. Second, you must be at least 18 years old. These requirements stem from the fact that legal claims involving government vehicles often deal with self-insured or substantially insured entities.
Let’s break down these requirements a bit further:
Hiring an Attorney
Having an attorney is crucial to your eligibility for a lawsuit loan. Since cases involving government vehicles generally involve substantial insurance coverage, having legal counsel is necessary. This helps ensure your case is properly handled and helps facilitate communication with the lawsuit loan company.
Age Requirement
You must be at least 18 years old to apply for a lawsuit loan. This requirement is in place because minors cannot legally enter into contract agreements. Therefore, you must be of legal age to take on the responsibility of a loan.
If you meet these requirements, you may be eligible for a government vehicle accident loan in Georgia. If you have further questions about eligibility or if you want to start your loan application process, contact LawsuitLoans.io or call them on their toll-free number (800) 340-4973. Alternatively, start your loan application directly at LawsuitLoans.io funding application.
Get up to $500,000 With Rates as Low as 2.5% Simple, Monthly
Types of Government Vehicle Accident Claims in Georgia
In Georgia, a diverse range of government vehicles could be involved in accident claims. Here is brief information on each.
Police Vehicles
Accidents involving police vehicles often occur during emergencies or high-speed pursuits. These incidents can cause severe injuries or damage, leading to substantial claims.
City Buses
City buses, being a common type of public transport, are sometimes part of accidents. When these accidents happen, passengers or other road users may file legal claims for their injuries and losses.
School Buses
Any accidents involving school buses are grave simply because they include children. Cases touching on school bus accidents can raise significant lawsuits with multiple claimants.
Federal or State Vehicles
These vehicles range from mail trucks to road maintenance units. Accidents involving these vehicles result from various factors, e.g., reckless driving or poor vehicle maintenance, necessitating legal action.
In conclusion, many types of government vehicles in Georgia can lead to accident claims. Subsequently, if you’re a plaintiff in such a case waiting for its resolution, LawsuitLoans.io can offer pre-settlement funding. Use this LawsuitLoans.io funding application or call toll free at (800) 340-4973 for more information.
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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 more than $1,000,000. If your case is still in progress, we can advance up to a maximum of 25% of your expected portion of the settlement. For settled cases, we can offer 50% of your expected portion of the settlement.
Let’s consider an example. Assume you’re a plaintiff from Georgia involved in a car accident case. Let’s say your case has an estimated value of $300,000. However, your case is ongoing and will not settle for some time. As a general rule of thumb, medical providers get paid around 1/3 of the settlement, the attorney gets another 1/3 of the settlement. This means you as the plaintiff would receive around $100,000. In such a scenario, we can advance approximately 25% of that amount or $25,000.
Cities we Service in Georgia
LawsuitLoans.io provides funding throughout Georgia. See more about our funding in Georgia 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 Georgia
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Georgia. Read more about the personal injury cases we fund in Georgia 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 Georgia here: