Rhode Island Rideshare 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 Rideshare Accident Loans in Rhode Island
Rideshare accident loans are a type of pre-settlement funding. This means that these loans provide financial support to plaintiffs who have been involved in a rideshare accident and are waiting for their lawsuit settlement.
In simple terms, a car accident loan is not actually a loan. It’s better described as an advance on the compensation you expect to receive from a car accident lawsuit. To clarify, if you have filed a lawsuit because of suffering from a car or rideshare accident in Rhode Island and anticipate that you will receive compensation, you can apply for a car accident loan.
One key point is that a car accident loan is non-recourse. What this means is if you do not win your case, you do not need to repay the advance. You only repay the amount of money you received if you win your lawsuit and receive a settlement. This way, the risk is taken on by the company providing the advance, not the plaintiff.
The process starts when a plaintiff applies for a car accident loan with a company like LawsuitLoans.io. If approved, the company will provide the plaintiff with funds to help cover living expenses and other costs while the lawsuit progresses. In summary, a car accident loan can provide critical assistance to individuals who need financial help while their legal claim is being resolved.
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
Car accident loans in Rhode Island offer financial assistance to plaintiffs awaiting settlement of their personal injury claims. These pre-settlement loans can help cover day-to-day expenses, ensuring you can focus on recovery rather than worrying about financial instability. The following table provides some essential details about car accident loans:
| 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 Rideshare Accident Loan in Rhode Island?
If you have been involved in a car accident and are seeking lawsuit loans, you may be wondering about your eligibility. The good news is that, if a rideshare service was involved in the accident, your chances of getting lawsuit funding could be high.
Because insurance policies tend to be lofty for rideshare companies, the main criteria for eligibility are having an attorney handle your case on a contingency basis, and being at least 18 years old. It means that as long as you’re legally considered an adult and you have an attorney fighting your case, we can evaluate your claim for funding consideration.
We fund claims from accidents involving any rideshare or delivery service company. Here are few examples, along with their respective founding dates:
- Uber – Founded in 2009
- Lyft – Founded in 2012
- DoorDash – Founded in 2013
- Postmates – Founded in 2011
- GrubHub – Founded in 2004
Please note that this list is not exhaustive; if your accident involves other companies not listed here, you may still reach out to us for a potential lawsuit loan assistance.
How Much Money Can I Get From my Rideshare Accident Pre-settlement Loan?
Lawsuit loans from LawsuitLoans.io can range from $500 to over $1,000,000. If your case is currently in progress, we can advance up to a maximum of 25% of your expected share from the settlement. For cases that have already been settled, we can offer 50% of your expected share of the settlement.
Take for example a plaintiff in Rhode Island who had a rideshare accident with an estimated claim value of $500,000. The case will not be settled for some time. Usually, medical providers are paid about one third of the settlement, and the attorney gets another third. This means the plaintiff would receive about $170,000. In this circumstance, we can advance around 25% of that total, which comes to $42,500.
Get Started
Apply today and get funds in as little as 24 hours!
Roadway Accident Cases we Fund in Rhode Island
At LawsuitLoans.io, we fund almost any type of roadway accident in Rhode Island. Here are some examples:
- Bicycle Accident Loans: We provide funding for cases involving bicycle accidents.
- Car Accident Loans: Our funding services cover car accident cases.
- Commercial Vehicle Accident Loans: We offer loans for cases involving commercial vehicle accidents.
- Government Vehicle Accident Loans: We support plaintiffs in cases against government vehicles.
- Motorcycle Accident Loans: We fund personal injury claims stemming from motorcycle accidents.
- Pedestrian Accident Loans: If you’re a pedestrian injured in an accident, we can offer funding help.
- Rideshare Accident Loans: We provide loans for cases involving accidents with rideshare vehicles.
- Semi-Truck Accident Loans: Our services include funding for cases involving semi-truck accidents.
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: