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Unlike truck and car drivers that are protected by modern safety features, motorcyclists are always at an increased risk for serious and life-threatening injuries. Even the most experienced motorcyclists who follow all traffic laws and drive safely can still become seriously injured in an accident with a negligent driver.
Loved ones are often left with overwhelming financial and emotional struggles in the aftermath of an accident. It can take a long time to recover from a motorcycle accident. In some cases, the injuries can be so severe that a person may never be able to ride again. Medical and repair expenses can quickly pile up, especially if a victim cannot work due to the injuries they have suffered. Lawsuits can take months or years to settle in a court of law.
Our legal funding specialists at The Legal Funding Group recognize how expensive and time-consuming filing a motorcycle accident case can be. We can offer you motorcycle pre-settlement funding to help you get through a difficult time while you wait for a resolution. Our quick and easy application and approval process for a motorcycle accident lawsuit loan can help you get the cash you need to help you pay your bills so you can move on with your life. If you think you may be eligible, contact a member of our team today.
What Causes Motorcycle Accidents
Negligent drivers are the number one cause of most motorcycle accidents, so a heavy burden is placed on motorcyclists to remain aware of their surroundings to be ready for any dangers on the road. Being aware of your surroundings and any potential hazards that may cross your path is one of the best ways to avoid an accident.
Below is a list of conditions and behaviors that contribute to most motorcycle accidents:
Front Brake Overcompensation:
Negligent car drivers can cause bikers to apply their brakes very hard, causing their momentum to throw them over the front of their motorcycle.
Line Driving/Splitting Lanes:
Sometimes, bikers will try to cut back and forth between slow-moving vehicles by riding on the dividing line between lanes or crossing lanes.
Poor Driving Conditions:
Sleet, ice, rain, snow, work debris on the road, or poorly-marked road construction areas can cause a motorcycle to crash.
Drunk Driving:
A drunk driver has very little judgment on the road. They can erratically swerve or drive from fast to slow and back to fast again.
Door Accidents:
An automobile driver may open their car door without checking to see if there is any oncoming traffic, which can obstruct a motorcyclist’s path.
Failure to Check for Blind Spots:
A driver may fail to ensure clearance by effectively looking or ensuring that blind spots are clear where the mirrors don’t reach.
Accident Statistics Involving Motorcycles
While advancements have been made in safety gear and equipment for motorcyclists, the probability of a rider becoming injured in a crash is still significant due to the exposed nature of most motorcycles. According to the National Highway Traffic Administration, in 2018, 4,985 motorcyclists were killed in a variety of different accidents. There were a total of 48,690 motorcycle accident deaths between 2008 and 2016. Furthermore, motorcycle accident deaths are 28 times more likely to happen than car accidents.
Damages Resulting from Motorcycle Accidents
The medical treatments that are used to help victims of motorcycle accidents recover can ruin their lives fiscally. Costs related to medication, surgery, rehabilitation, and other expenses can financially destroy a person’s life, and this does not include pain and suffering, lost wages, and mental anguish.
Difficulties that individuals may experience in the aftermath of a motorcycle collision include the following:
- Loss of consortium (spousal relationship)
- Chronic pain due to injuries
- Rehabilitation expenses
- Medical equipment costs
- Diminished quality of life due to severe injuries
- Lost wages resulting from work-preventing injuries
- Motorcycle repair expenses
- Mental anguish from stress, depression, etc.
- Medical expenses for hospitalization, ongoing care, and emergency care
Waiting For Your Motorcycle Accident Lawsuit Settlement
Motorcycle accident lawsuit loans are available through The Legal Funding Group to plaintiffs involved in pending injury cases. These requests can be approved in as little as 24 hours. Most of our cases can be approved within a matter of minutes of talking to your lawyer. Just like your attorney, all of our motorcycle accident legal funding is “no win/no pay,” or non-recourse.
Automobile accidents can devastatingly impact motorcyclists and their families. Victims could end up waiting years for a monetary settlement, in addition to the pain and suffering they would have to endure. Severe injuries can also leave a plaintiff unable to work temporarily, or in some cases, permanently.
Motorcycle accident pre-settlement funding can help plaintiffs avoid having to wait for a settlement by giving them the money they need to get them back on their feet financially while waiting for their case to settle.
Common Types of Motorcycle Accident Legal Funding
Regardless of what stage of the litigation process you may be in, The Legal Funding Group can offer you cash advances whenever you need them. Prior to reaching a settlement agreement or after a settlement has been reached, we can help you determine whether you may need legal funding. We will make sure our clients receive the money they rightfully deserve and need while they continue to fight their case in court. We also work with our clients and monitor their cases to ensure that they receive the proper settlement and outcome they deserve.
We offer the following types of legal funding:
Pre-Settlement Funds:
It can take months, or even as long as several years, to resolve a case and ultimately reach a settlement, causing severe financial trouble for anyone involved in the lawsuit. Our motorcycle accident pre-settlement funding can be used to cover legal fees, medical bills, and other regular living expenses. These loans give plaintiffs the financial security they need while they wait for their case to conclude.
Post-Settlement Funds:
Plaintiffs can also take advantage of post-settlement loans through The Legal Funding Group. If the case has been resolved, but you are still waiting to receive your settlement check, a post-settlement loan can help you cover any expenses that may need to be paid right away. Even if a case settles, the defendants may decide to file an appeal, which happens more often than not in many accident cases. Should this occur, you may end up waiting even longer to receive your settlement. Post-settlement loans will help you make it through a tough time until you receive your settlement payment.
Cash Advances for Settlements:
Plaintiffs can apply for a settlement cash advance that matches the entire amount of the settlement check they expect to receive once their case has been settled. Plaintiffs facing serious financial burdens during the legal process can benefit from a settlement cash advance.
Plaintiffs will not be required to submit a credit check to us for any of these funding options, as they are approved based on their case’s strength and merit. Any loan a plaintiff receives from us will not be based on their financial history or overall income.
How to Apply for a Motorcycle Accident Lawsuit Loan
To qualify for motorcycle accident legal funding, you must have already hired an attorney on a contingency fee basis, have a valid legal claim against either an insurance company or a self-insured entity, and be over the age of 18.
The value of a potential lawsuit settlement is estimated based on bodily injury and other types of damages. If a plaintiff’s injuries are severe, the value of their lawsuit loan, as well as their case, may be worth more money.
If you are working with a certified lawyer and have been injured in a motorcycle accident, you may qualify for funding through The Legal Funding Group.