Rideshare Accident Lawsuit Funding

Choosing to have someone else drive you to your destination typically takes off the stress of navigating an area on your own. Whether it’s a taxi service or you’re using Uber or Lyft, you’re trusting another person to drive safely and get you to your destination. However, rideshare drivers can make reckless decisions that cause wrongful injuries. As you’re filing a claim and going through legal procedures, you can seek rideshare accident lawsuit funding to help afford your expenses.

Preferred Capital Funding offers pre-settlement funding to those who are currently caught up in the claims process if they have bills to pay and it’s taking longer to get their compensation than they originally thought. We offer funding from $500-$500,000 to help people who have minor injuries and extensive injuries.

What Leads to Rideshare Collisions?

There are different types of accidents that you can be involved in with a rideshare company. Your driver may be the one who exhibits negligence and they could crash into another car or a pedestrian. Negligence from a driver is usually caused when they’re distracted or not following the rules of the road.

A rideshare driver may be more preoccupied with looking at their phone than paying attention to the road. They could be depending on their phone to give them directions, so they know where to go. It’s easy to get caught up with looking at where they’re supposed to drive instead of paying attention to what’s in front of them. They may not see a stopped car and rear-end them, or they may not realize they’re at a crosswalk and pedestrians are crossing. Not following traffic laws could include actions like speeding. A driver may go above the speed limit if they’re focused on getting as many rides into one night as possible.

There’s also a chance that another driver was acting negligently, and they crashed into your rideshare car. This is another complicated matter because they’re responsible, but you’re left to deal with insurance matters because of your injuries. You’re probably going to have a lawyer at your side, but dealing with accidents like these can take a lot of time.

As a passenger, you can get serious injuries from an accident. The sudden start and stop motion of the car may give you whiplash or other soft tissue damage, you could hit your head, or the impact could break a bone. These painful injuries weren’t your fault and you shouldn’t have to be responsible for covering their costs.

No matter what happened, if you’ve sustained injuries then it’s likely you have past hospital bills, current medical bills, and will have to pay for medical treatment in the future. This isn’t even including the regular bills and expenses that you’re responsible for. If you’re in a situation like this, you can seek financial relief with lawsuit funding. You’ll be able to afford your daily expenses, pay off bills, and you can wait for your lawsuit to take the appropriate time until you get the compensation you deserve.

What Needs to Happen to Receive Pre-Settlement Funding

You don’t need to take many steps to get lawsuit funding. We make it an easy process because we believe in helping those who need it and not causing any additional stress. Before filling out your application, you’ll need to have a discussion with your legal representative first. Your lawyer needs to be willing to work with us because speaking and working with them is part of the process of getting your funding. If your lawyer won’t work with us, you won’t be able to receive funding.

If, however, your lawyer agrees, then you can proceed to the next step—finding out the right amount of funding that you will need. You’ll want enough to cover your costs so you’re not experiencing financial stress. But you also need to make sure you’re not taking too much so when you receive your compensation, you won’t be able to pay back the funding with fees and interest.

The amount that you will owe will not be a surprise. You’ll get the correct amount that you’ll owe from the beginning. We’ll calculate the costs so you’ll be able to pay back your funding in one payment, which will come from your compensation. There may be unfortunate situations where your lawsuit doesn’t go the way you expect. Should you lose your case, you do not have to pay the settlement funding back to us in most states. We take on the risk.

Once you’ve spoken with your lawyer and you have all the necessary information, you can fill out the application online. Once you give some basic information, we’ll be in touch with your lawyer to get further details about the extent of your injuries. Our legal underwriters will review your application and get back to you as soon as possible. If you’re approved, you could have your funding within days.

Preferred Capital Funding Can Help You

Once you have your lawsuit funding, you can start to get peace of mind that you’re taking care of your finances and you’re going to be able to make payments on time. You won’t have to worry about rushing your case along or getting in a situation where you have to settle earlier for compensation that’s less than that you’re owed.  Fill out your application today and get the financial relief that you need.

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