Virginia 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 Virginia?
Government vehicle accident loans are a specific type of legal funding. These loans are money provided to plaintiffs who have been injured in an accident involving a government vehicle. The purpose of the loan is to help them manage their finances while waiting for their legal case to conclude and receive their settlement award.
A car accident loan, otherwise known as lawsuit loan or pre-settlement funding, is essentially an advance or loan on a plaintiff’s future car accident settlement. It’s important to note that this type of loan is non-recourse. This means you only repay the loan if your case wins. If your case doesn’t win, you owe absolutely nothing.
In Virginia, as with many other states, when a citizen gets into an accident with a government vehicle, they’re entitled to seek compensation for any injuries or damages from the accident. However, legal battles can be lengthy and expensive. In such circumstances, government vehicle accident loans come in handy. They provide the financial buffer needed to handle medical bills, everyday expenses, and legal fees while the case is being settled.
You can easily apply for a government vehicle accident loan through LawsuitLoans.io. The application process is straightforward and requires only necessary information about your case and contact details. After evaluation, if approved, funds can be delivered within 24 hours.
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 Virginia
In the state of Virginia, LawsuitLoans.io provides car accident loans. These funds help plaintiffs manage their expenses as they wait for their legal case to resolve. In Virginia, certain factors such as average loan amounts, interest rates, and legal regulations can affect these loans.
| Average car accident loan amount by LawsuitLoans.io in Virginia | $6,458.00 |
| Largest car accident loan by LawsuitLoans.io in Virginia | $32,695.00 |
| Average interest rate in Virginia | 21.0% |
| Median personal injury verdict in Virginia | $24,720.00 |
| Virginia statute of limitations | 2 Years; Title 8.01 Section 8.01-243 |
| Virginia fault laws | Virginia 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 Virginia?
If you’ve been involved in a car accident and are seeking financial assistance, you may be wondering if you’re eligible for a government vehicle accident loan. This type of funding, also known as a lawsuit loan, can provide much-needed financial relief while you wait for your claim to settle.
To qualify for a car accident lawsuit loan, there are specific eligibility criteria that you should meet. For cases involving government vehicles, it’s important to understand that these are usually associated with self-insured or substantially insured entities. In these situations, the loan process may differ from typical personal injury cases.
The main prerequisites for government vehicle accident loans are as follows:
- Having an attorney: It is critical to have legal representation in your case. Your lawyer negotiates with other parties on your behalf and helps enhance your chances to win your claim. Most importantly, they need to be hired on a contingency basis, meaning your attorney only gets paid if you win the case.
- Being of legal age: You will need to be at least 18 years old to apply for this type of loan.
If you meet both of the above criteria, you might be a candidate for a lawsuit loan following a government vehicle accident.
Types of Government Vehicle Accident Claims in Virginia
In Virginia, a government vehicle accident claim might involve several different types of vehicles. These can include, but are not limited to:
Police Vehicles
The role of police often puts them on the road, increasing their presence and chances of being involved in an accident. An accident involving a police vehicle can get tricky due to legal protections afforded to law enforcement personnel during the course of their duty.
Fire Trucks and EMS Vehicles
Fire trucks and EMS vehicles often travel at high speeds with sirens blaring, in response to emergencies. While these vehicles have the right of way, accidents can still occur, especially if other drivers fail to observe proper protocol. The urgency of their duty makes these cases complex.
School Buses
School buses transport children to and from schools and field trips. Because of the precious cargo onboard, these accidents tend to result in legal battles that focus heavily on child safety and transportation regulations.
Municipal Service Vehicles
Municipal service vehicles like garbage trucks and city maintenance vehicles are another common category. One major consideration in such cases is determining whether the driver or the municipality holds responsibility for the accident.
If you are involved in an accident with a government vehicle, resolving the claim can be a lengthy process due to the layers of governmental protection. Legislation like the Virginia Tort Claims Act defines the rules of the game. In such instances, securing pre-settlement funding can help mitigate financial stress while your case is being resolved. Apply for a funding through LawsuitLoans.io funding application.
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 up to 50% of your expected part of the settlement.
For example, consider you’re a Virginia plaintiff in a car accident case with a $300,000 estimated value. The case is still in progress and will not settle for sometime. Generally, medical providers receive around 1/3 of the settlement, your attorney earns another 1/3, and as a result, you would take home about $100,000. Given this situation, we can advance approximately 25% of your portion, or $25,000.
Cities we Service in Virginia
LawsuitLoans.io provides funding throughout Virginia. See more about our funding in Virginia 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 Virginia
LawsuitLoans.io provides funding for various personal injury and roadway accident cases in Virginia. Read more about the personal injury cases we fund in Virginia 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 Virginia here: