If you were in a car accident as a passenger and you are waiting for your passenger in a car accident settlement, you can apply for pre-settlement funding to stay financially stable until your case settles.
Filing a claim
There’s a possibility that a passenger files a claim with each driver’s insurance companies if it was a multi-car accident.
However, if one of the drivers wasn’t at fault, then the passenger may file a claim against an at-fault driver only.
If you were in an accident that occurred in a no-fault state, then you, as a passenger, may file personal injury protection (PIP) or no-fault claim.
Settling the case
If it is determined that both drivers were at fault, then the jury will decide which percentage each party must pay. This is based on their contribution to the cause of the accident.
Depending on the percentage, insurance companies could have arguments about driver liability and the amount they need to pay to the injured passenger. If this happens, it may cause a serious delay in paying the settlement to the passenger.
More than one passenger
There could be multiple passengers in a car accident and all of them are entitled to file claims against the driver at fault. However, there is a limit to the insurance coverage for each accident. The value of personal injury cases of each passenger may exceed the amount of insurance coverage. If this happens, it means that each passenger needs to settle for less than what their case could have been worth.
Each state has a law that states the required insurance limits. You should familiarize yourself with your state’s law when it comes to insurance and make sure you respect the minimum required.
Certified Legal Funding
If you’ve been involved in an auto accident as a passenger and you are waiting for your case to settle, you probably need cash to stay financially stable during this time. Certified Legal Funding is here to help you get your life back on track because we understand the hard times a person may go through after an accident.
We offer pre settlement cash advance and you can apply online and the response from our experts will arrive in no time.
You can get your money fast with our legal funding company and the best thing is that the advance would be payable out of your recovery at the end of the case. Our advances may be used for any purpose including living expenses, medical expenses, education, mortgage or rent payments, car loan payments, etc.
If you’ve been a passenger in a car accident don’t hesitate and call us today on our toll-free number 800 922-7439. We offer you help in your hard times with our pre settlement cash advance.