Motorcycle Accident Injury Settlement Loan
Have you been injured in a motorcycle accident? Are you struggling financially?
We can help you to get back on your feet with a motorcycle accident injury settlement loan.
We make qualifying for a motorcycle accident settlement loan as simple as possible.
Do I Qualify for a Motorcycle Accident Injury Settlement Loan?
If you are in the middle of a lawsuit, there is a pretty good chance that you already qualify for a Lawfunder motorcycle accident settlement loan. Even if your legal action is in its infancy, it is a relatively simple process for us to determine if you qualify.
| Number | Lending Criteria |
|---|---|
| 1 | You must be 18 years of age or older. |
| 2 | You have a lawyer working on your case on a No WIn No Fee basis – Firstly, having already hired a lawyer shows that your case is serious. We work directly with your lawyer, so they need to already be invested in the case. Second, by operating on a No Win No Fee basis, your lawyer is giving a professional seal of approval that your case is strong. |
| 3 | You’ve suffered a significant injury – If you have only suffered minor injuries, your compensation award will not be high. and may mean you will not have enough money to repay the loan. We will only lend money where we can conservatively estimate a sufficient compensation value to your injuries and loss. |
| 4 | The amount of damages will be sufficient to repay the loan, fees and interest, after payment of any government agency refunds, and your legal fees and expenses. |
| 5 | The other party must be liable ie at fault – We can only lend to plaintiffs with a strong case ie where someone else is primarily to blame. If there is confusion over who is at fault, we may not be able to approve you. |
| 6 | You have a legally worthy claim against an insured or self-insured person or entity |
Motorcycle Accident Settlement Loans
Given that a motorcyclists’ safety equipment is limited compared to that of a modern car, motorcycle accidents often involve catastrophic injuries and fatalities.
Depending on who was at fault, you may have a large payout. The Lawfunder settlement loans team work hard to get plaintiffs funding on their claim in as little as 24 hours.
The Loan Application Process
After you complete our online application, we go ahead and get in touch with your Lawyer so we can obtain relevant information about your case.
We request essential documentation that assists us in understanding the strength of your case.
Our assessment team then goes through this documentation which may involve looking at traffic and medical reports and other relevant information. From this we can assess the amount of compensation you are likely to recover.
Once we have all the information we require, it takes our team very little time to assess your loan application. Once we agree to advance the loan, we deposit the funds into your bank account as soon as your loan has been approved and the loan agreement is signed.
Motorcycle Accident Injury Statistics
Motorcycle accidents have been on the rise as a percentage of motor vehicle accidents. The main reason for this is the heightened safety of modern cars. While motorcycle safety equipment has improved over time as well, there’s only so much that can be done. An advanced chassis, airbags and seat-belt go a long way to prevent fatalities.
In Australia, motorcycle riders and pillions account for approximately 19% of all road crash deaths and an even higher proportion of serious injuries. Per distance travelled, the Australian rate of motorcyclist fatalities is about 30 times the rate for car occupants.
Bikers are about 30 times more likely to crash compared to car drivers. Statistics show that single vehicle motorcycle crashes generally seem to occur in regional areas, while intersection crashes are more likely to occur in metropolitan areas.
Here are some key statistics for Australian roads:
- During 2011-2020, a total of 2081 motorcyclist deaths were recorded across Australia.
- Police reports indicate that speed contributes to about 1 in 3 fatal accidents.
- In the past five years almost 200 motorcycle riders and pillion passengers have been killed on Victorian roads alone. (96% were male).
- In Victoria 35% of motorcycle crashes happen on roads with a speed limit of 100km/h or higher.
| NEXT STEPS | LAWFUNDER INJURY LOANS |
|---|---|
| APPLY ONLINE |  |
| WE GET INFORMATION ABOUT YOUR COMPENSATION CLAIM FROM YOUR LAWYER | |
| WE REVIEW YOUR APPLICATION | |
| IF APPROVED, YOU GET CASH WITHIN 24 BUSINESS HOURS | |