Rhode Island 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 Rhode Island
A car accident loan, also known as a pre-settlement funding or lawsuit loan, is a financial tool available to plaintiffs who have been injured in a car accident. In the specific case of an accident involving a government vehicle, it works much the same way. It provides financial help while they wait for their lawsuit to make its way through the long and often complex legal process.
Government vehicle accident loans are non-recourse advances. This means they are not traditional loans. If you win your case, you repay the advance out of your settlement funds. If you lose, you owe nothing. These advances are tied directly to the strength and potential value of your pending car accident lawsuit.
The process to obtain a government vehicle accident loan is pretty simple. You apply directly through LawsuitLoans.io. They review your case with your attorney. If approved, you receive your funds quickly, often within 24 hours. Then you can use the money for anything you need. This could be medical bills, living expenses, or legal fees. It’s that easy and straightforward.
If you’re dealing with the aftermath of a car accident involving a government vehicle in Rhode Island and struggling financially while you wait for your case to resolve, consider a government vehicle accident loan from LawsuitLoans.io.
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 Rhode Island
If you have been involved in a car accident in Rhode Island and are currently facing financial challenges whilst waiting for your lawsuit to resolve, LawsuitLoans.io can help by providing you with a pre-settlement car accident loan. Here’s some key data about such loans specific to this state:
Average car accident loan amount by LawsuitLoans.io in Rhode Island | $2,645.00 |
Largest car accident loan by LawsuitLoans.io in Rhode Island | $8,340.00 |
Average interest rate in Rhode Island | 21.3% |
Median personal injury verdict in Rhode Island | $20,906.00 |
Rhode Island statute of limitations | 3 Years; Title 9 Ch. 1 Section 9-1-14 |
Rhode Island fault laws | Rhode Island 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 Rhode Island?
To qualify for a car accident lawsuit loan, there are a few basic requirements. Given that claims involving a government vehicle are typically against a self-insured or substantially insured entity, a couple of key criteria must be met.
Firstly, you must have an attorney representing you. This attorney should be taken on a contingency basis. This means they get paid only if you win your case or achieve a settlement. Having legal representation is crucial to ensure that your rights are protected and that you receive the best possible advice throughout your case.
The second criterion is age. You must be at least 18 years old to apply for and receive a lawsuit loan. This limitation is in place to safeguard legal agreements and ensure all involved parties can fully understand the terms and conditions of the loan.
These two prerequisites – having an attorney hired on a contingency basis and being at least 18 years old – are the only remaining eligibility criteria for government vehicle accident loans.
Types of Government Vehicle Accident Claims in Rhode Island
When a vehicle owned by the government is involved in an accident, it can lead to unique claims. This includes vehicles from multiple public departments. In Rhode Island, several types of government vehicles might be involved in accidents.
Police Vehicles
Police cars respond quickly to emergencies, which may lead to accidents. When this happens, it could lead to legal claims against the local police department. These cases, however, may face special rules related to law enforcement operations.
Fire Department Vehicles
Fire trucks and ambulances operate under high stress and tight deadlines. Accidents involving these vehicles can result in injury claims. Similar to police cars, unique rules may apply due to emergency response protocols.
Public Transit Buses
Public buses transport many citizens on a daily basis. They are larger than most vehicles, increasing the chance for serious injuries in a collision. Claims related to bus accidents can be quite complex due to various factors such as route conditions, bus maintenance, and the potential for numerous victims.
School Buses
School buses carry our most precious cargo – children. Therefore, when accidents occur, they often draw public attention and may lead to large settlements. These cases usually examine driver training, vehicle condition, and safety procedures in place.
Department of Public Works Vehicles
The Department of Public Works (DPW) maintains city infrastructure, and their vehicles can also be involved in accidents resulting in claims. Factors such as road conditions, work zone safety, and equipment operation are typically considered in these cases.
In conclusion, any accident involving a government vehicle in Rhode Island has its complexities. LawsuitLoans.io is here to help plaintiffs waiting for their cases to resolve with pre-settlement funding. For more information, visit our website 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 between $500 and over $1,000,000. For suits that are actively in dispute, we have the means to advance a top amount of 25% of what you expect to get from the settlement. If your case has settled, we could offer half of your predicted share of the resolution.
Here’s an instance: consider an ongoing car accident lawsuit in Rhode Island. The projected value of the claim is $300,000, and it won’t be resolved soon. For most claims, about a third of the settlement goes towards medical expenses and another third to legal fees. That would mean the plaintiff could anticipate receiving roughly $100,000. In such a situation, we could advance about 25% of this expected portion or $25,000.
Cities we Service in Rhode Island
LawsuitLoans.io provides funding throughout Rhode Island. See more about our funding in Rhode Island 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 Rhode Island
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Rhode Island. Read more about the personal injury cases we fund in Rhode Island 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 Rhode Island here: