Rear-End Collision Settlement Funding
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Rear-end accidents are one of the most common types of car accidents that occur. These types of accidents happen when one driver hits the back of another vehicle.
If you get struck from behind while on the road, you may:
- Be seriously injured.
- Need a new vehicle.
- Miss work.
- Endure significant pain and suffering.
Filing a rear-end collision lawsuit could help you obtain the compensation you need to get back on your feet after the accident. However, it could take months or years to reach a settlement, potentially leading to financial hardship in the meantime.
Rear-end collision settlement funding from USClaims puts money in your pocket quickly – no credit check is required. Plus, you only need to repay your cash advance if you win your case.
Key Takeaways
- A rear-end collision is a common type of car accident that can be physically, mentally, and financially painful.
- Filing a rear-end collision lawsuit may result in compensation to cover your damages.
- Litigation can take months or even years to resolve, potentially putting you in a difficult financial position.
- A rear-end collision settlement loan can provide enough cash to pay your bills while you wait for your case to end.
Who Is at Fault in a Rear-End Collision?
Rear-end accidents can be somewhat complex when it comes to determining who is at fault. In many cases, the individual who collided with the other vehicle is found liable, but not always.
If the driver who got hit did something that caused the accident (known as contributory negligence), they may be found at fault. Contributory negligence examples may include having broken taillights, suddenly putting the vehicle into reverse, or randomly slamming on the brakes (brake-checking).
It’s also possible that both drivers are each partially responsible for the accident (known as comparative negligence). However, no two car accidents are the same. It will all depend on the specific details of the incident.
How Much Is a Rear-End Collision Settlement Worth?
Typically, a settlement for a collision with no injuries will be below $5,000. Accidents that resulted in minor to moderate injuries could pay out anywhere from $7,500 to $50,000. If you suffered severe injuries, you could be entitled to a settlement in the seven-figure range.
The amount you can expect to receive from a rear-end collision settlement depends on the extent of the damages and injuries you suffered, which can include:
- Whiplash
- Bone fractures
- Soft tissue injuries
- Brain injuries, such as a concussion
- Back injuries
- Mental health concerns, such as depression, anxiety, or post-traumatic stress disorder
Your physical or mental pain could cause you to miss work and lose income, which might compound your stress. In addition, you may need to replace your vehicle if it’s unable to be repaired, which may also be factored into the final settlement amount.
When It Makes Sense to Look into a Rear-End Collision Lawsuit Loan
If you were injured in a rear-end accident, you have likely already retained help from an auto accident lawyer who is working hard to fight for your rights and to ensure that the negligent party is held accountable. Depending on the state in which the accident occurred and the complexity of the accident, it can take a while for a case like this to finalize.
In the meantime, you may be dealing with medical bills and other expenses that have resulted directly from the auto accident. You might be worried about when the case will settle because you need that money to take care of these expenses. A rear-end collision lawsuit loan (also known as pre-settlement funding) gives you the cash to stay financially afloat while you wait for your case to end.
Think You Have a Case?
Call us toll-free at (877) USClaims to speak with a friendly funding specialist today.
Rear-End Collision Lawsuit Process
Filing a lawsuit may seem overwhelming – especially if it’s your first time dealing with lawyers and the court system. Here are the general steps you can expect to follow as you pursue the compensation you deserve:
- Hire an attorney. Your attorney can guide you throughout the process and advocate for a fair settlement deal. Plus, you need a lawyer to obtain pre-settlement funding.
- File an insurance claim. Report the incident to the insurance company and provide all supporting documentation, including photographs, police reports, witness statements, and medical records. Your attorney can help you submit your claim.
- Get through the discovery phase. During this part of the process, all parties involved will try to learn as much as possible about the accident to determine who was at fault and what damages were incurred. This phase may include conducting interviews, reviewing documents, and other types of research.
- Negotiate a settlement. Ideally, your lawyer can convince the insurance company to give you fair and adequate compensation for your damages.
- Go to trial. If your lawyer and the adverse party cannot agree on a settlement, a jury will decide your case and ultimately, what you are owed if you win the case.
Basic cases may move through the court in a matter of weeks. However, more complicated lawsuits could take months or years to resolve. Between attorney fees, car repairs, medical bills, and daily expenses, dealing with a drawn-out lawsuit can take a financial toll.
That’s when pre-settlement funding can help. The pre-settlement funding process is fast, putting money in your bank account in as little as 24 business hours. The cash you receive can help you make ends meet and ensure you have the financial breathing room to wait for the settlement you deserve.
Benefits of Getting a Rear-End Collision Lawsuit Loan
There are many benefits of getting a lawsuit loan. Here are the most significant perks:
Helps You Pay Your Bills on Time
Your bills might pile up fast after a rear-end collision – especially if your injuries prevent you from working. USClaims offers pre-settlement funding from $500 to $1,000,000. That way, you can pay your creditors on time, avoid taking on debt, and keep your credit score in good shape.
Gives You More Time to Wait for a Fair Settlement
The longer your case drags on, the more financial pressure you may feel. That stress could cause you to accept a smaller settlement amount than you deserve. A lawsuit loan takes the burden of money worries off your shoulders and empowers you to wait for a respectable deal.
No Risk if You Lose Your Case
Pre-settlement funding is nonrecourse, which means you don’t have to worry about paying us back if you don’t win your case. You only repay us if you win your settlement.
No Restrictions on How Funds Are Used
You can use your cash advance to cover any expense you feel is necessary. We’ll never ask you to prove or justify how you spent the money.
Many plaintiffs use the funds to pay their:
- Rent or mortgage
- Utility bills
- Insurance premiums
- Creditors
They might also use the money to buy groceries, put gas in their car, or hire household help while they recover from their injuries.
No Monthly Payments
Pre-settlement funding isn’t a traditional loan, so you’re not required to make monthly payments. Instead, your lawyer will send us a portion of your settlement as a lump sum if you win your case.
See How Rear-End Accident Lawsuit Loans Have Helped People Like You
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with USC in the past. USC does not control the content of such reviews.
Where USClaims Provides Funding
We’re pleased and proud to help plaintiffs in most states. However, due to current state laws, we can’t provide funding to people located in Arkansas, Kentucky, Maryland, Montana, West Virginia, or Washington, D.C.
Rear-End Collision Settlement FAQs
Who is at fault in a rear-end collision?
Generally, the driver that hit the vehicle in front of them is at fault in a rear-end collision. However, if the hit driver was negligent, the court may rule that they are at least partially at fault. Negligence may involve slamming on the brakes, putting the car into reverse, or having non-functional taillights.
How long does a rear-end collision settlement take?
A rear-end collision settlement case could take weeks, months, or years to resolve. Factors that impact case duration include, but aren’t limited to, the severity of the injuries and property damage sustained, the complexity of the incident, and the court’s schedule.
What is the average settlement for rear-end collision?
The settlement for a rear-end collision could be anywhere from three to seven figures and is directly tied to the damages the plaintiff incurred. For instance, if you sustained minor injuries and only missed two weeks of work, your settlement may be in the low-five-figure range. On the other hand, if you sustained permanently debilitating injuries and can never work again, your settlement could be in the million-dollar range.
Have Questions?
Our pre-settlement funding experts will walk you through our entire process.
Disclaimer: Throughout this website, the term “loan” may be used for convenience to describe pre-settlement funding. However, such transactions are not loans in the legal sense. Repayment is strictly contingent upon the successful resolution of your case. If your case is unsuccessful, no repayment is required. Common terms like “lawsuit loan” are used colloquially but misrepresent the nonrecourse nature of pre-settlement funding.
