Lawsuit Loan: I've been involved in a car accident. Am I eligible? (Part I)

Car accidents cost the lives of over 40,000 Americans every year? In addition to deaths, they cause an untold number of personal injuries each year.

It is important to keep in mind that a car accident is one of the leading causes of injury and death in the United States. It is unfortunate that these cases, while they do occur very frequently, are often very complex, involving both personal injury law and insurance law.

A lawsuit loan may be obtained while awaiting your settlement, fortunately. It is significant to note that car accidents often result in some of the largest personal injury awards.

If you need assistance while you are awaiting settlement of your claim, you may find that a lawsuit loan is extremely valuable to you. These cases are fraught with frustrations, having to deal not only with the driver of the vehicle that not only caused damage to your vehicle, but also resulted in injuries to you and, oftentimes, passengers, you also have to deal with the insurance adjuster, defense attorney et. al.

It is important for you to remember that the insurance carrier has no desire to pay your claim. In fact, the insurance carrier has responsibility to its insured to pay as little as is reasonably possible on each and every claim it receives. This is one of the primary reasons that these cases are often times drawn out for months, if not years, necessitating the services of an attorney.

Remember, if you are in a car accident, remain calm. It will be necessary for you to maintain a clear-head to take the appropriate steps, and to minimize your liability.

Once you and others are out of harms-way, if possible, remember to call the police. A reliable source must be notified even in cases involving no obvious injury.

Prior to paying anything on the claim, the insurance carrier will need to establish liability. The lawsuit loan will customarily only be provided to a party if that party is not at fault for the car accident. Prior to making any determination as to whether a claim will be either paid or denied, the insurance carrier will investigate this issue very thoroughly. In such instances, the police report will prove to be a very effective verifiable instrument.

Looking to find the best deal on lawsuit loans, then visit us to obtain the best advice on how a lawsuit loan will benefit you.