In a motorcycle accident claim, the insurance company has the upper hand. Insurance adjusters know how expensive motorcycle accidents are for victims. They know that many victims will take whatever they are offered for compensation.
A motorcycle accident loan can help you even on the playing field when fighting for your compensation. If your case is successful, you can repay your loan later. If unsuccessful, you will not have to repay the loan.
Silver Dollar Financial provides funds to motorcycle accident victims in strained financial positions. Apply for pre-settlement funding through Silver Dollar Financial today. You can receive funds in as little as 24 hours to help pay bills and other expenses.
Thousands of Motorcycle Riders Injured In Pennsylvania
According to the Pennsylvania Department of Transportation, there were 3,398 motorcycle accidents in 2020, with 215 resulting in fatal injuries. Even though motorcycles were involved in 3.3% of all collisions, they accounted for 20.3% of all fatal collisions.
As the victim of a motorcycle accident, there are many directions that your finances will go. Medical bills alone can be very expensive. You may be in a difficult position where you have to choose between taking time off from work or ignoring your pain to continue working.
That is why seeking compensation is an option that you want to consider. But many victims are not financially stable enough to fight for their damages. A motorcycle accident claim can take time away from your life. You may be in litigation for weeks, months, or even years. Fortunately, there are alternative means that you can use to potentially cover your financial strains.
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The Average Cost of a Pennsylvania Motorcycle Accident
According to data from the Government Accountability Office, the average emergency and ICU treatment expenses for a fatal motorcycle accident totaled up to $1.2 million. For a non-fatal motorcycle accident, the costs can range from $2,500 to $1.4 million. This is based on the damages such as medical expenses, lost time from work, and property damage.
While fighting for compensation for these damages, you are still responsible for your bills and other family obligations. A Pennsylvania motorcycle accident loan can help you with your finances.
Accepting this loan is not a form of compensation for your accident. Instead, it is temporary financial assistance that you can depend on until your case is resolved.
Reaching a Fair Motorcycle Accident Settlement
Even if you plan on settling your claim, there are motorcycle accident settlement loans that you can take advantage of. Like with a lawsuit, insurance adjusters have the upper hand during the settlement process. They offer low settlement offers they are planning for you to accept out of desperation.
Having a motorcycle accident settlement loan will allow you to reconsider every offer. You can afford to be more discriminatory about the offers that insurance adjusters suggest.
Click to contact the Silver Dollar Financial Team today or Call +1(844)871-0628
Applying for a Pennsylvania Motorcycle Accident Loan Is Simple
Applying for a Pennsylvania motorcycle accident loan is a simple process. The application process can be done online or by phone with a legal funding company. If you have certain questions that must be answered, you can reach out to a specialist over the phone.
Once your concerns have been addressed, they can assist you with completing your application. A specialist will contact your attorney if you decide to move forward with the loan. You and your attorney will sign a financial agreement, and the funds will be released to you.
The application process can usually take up to 24 hours. That means that you will be able to receive your funds within a day of applying for them.
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No Limitations on How to Use Your Pennsylvania Legal Funding
Once you receive your loan, you can use your funds to pay for various finances. Your funds can be used to cover the costs of your medical bills, transportation expenses, groceries, rent, and more.
Your funds can cover the costs of any short-term or long-term expenses you have. This allows you to continue to have some financial stability following your accident. You don’t have to choose between healing from your accident and working.
You can pay for the required medical treatments for recovery and your daily expenses.
Little to No Risks with Motorcycle Accident Loans
The option of paying back your motorcycle accident lawsuit loan depends on the success of your case. If your case is successful, you can rearrange a period where you can repay your loan. If your case is unsuccessful, you will not be responsible for paying your loan back.
In addition, you are not limited to the same restrictions of a traditional loan. Your credit score is not a factor when considering eligibility. This makes a motorcycle accident loan a low-risk opportunity for you.
Seeking Additional Legal Funding
Just like the application process, seeking additional funding is simple. There may be occasions when you need additional legal funding for your motorcycle accident. You may have exhausted all of your funds before the case has concluded.
If you find yourself in this position, you must repeat the same application process. You would re-apply for additional funding and repeat the process for your initial funds. Just like your initial application, the funds will be released to you immediately.
Even if your case is settled, your compensation may come in small payments, not one lump sum. Instead of waiting for your payments to come through, the legal team at Silver Dollar Financial may help you secure the money you need.
Get Started with Silver Dollar Financial for Your Legal Funding
Silver Dollar Financial makes the legal funding process quick, simple, and substantial. We operate with diligence and transparency and keep our clients in the loop throughout the process. Call our office if you have any questions about the legal funding process.
Or, you can contact us online to submit your application for a motorcycle accident loan following a crash.
Call or text +1(844)871-0628 or Apply Now for Pre-Settlement Funding