Truck Accident Loans in New York

If you have been injured because of crash or collision with a truck, Bridgeway Legal Funding can help! Bridgeway provides pre-settlement cash to people injured in car crashes involving trucks, tractor-trailers and more. Many people find themselves in need of immediate cash after a crash because they are caused to miss work, need expensive medical treatment and damages to their car, Bridgeway can provide a cash advance within 48 hours!

What is a “Lawsuit Loan”?

A pre-settlement advance on your accident lawsuit, also known as a “lawsuit loan”, is a risk-free way to put cash in your pocket now while your attorney fights for the full value of your case. This type of funding is risk-free because it only needs to be re-paid if you win your case and receive a settlement. Taking a loan on your case will not hurt or damage it in anyway, it simply provides you the ability to cover your expenses until you are compensated for the damages caused to you.

How does it work?

The application process is quick and easy. Apply today either by submitting an application on our website or by phone call to (800) 531-4066. Once you apply, our underwriters will give you a brief telephone interview on how your accident happened, request the appropriate documents from your attorney’s office and then let your know how much of a case advance we can offer you. In most cases, Bridgeway can provide residents of New York with a lawsuit cash advance within 24-48 hours from when you apply.

Once approved, you will be given a contract to sign and return. Once the contract is returned, Bridgeway can fund your case immediately! After receiving a lawsuit loan, there are no payments required at any point. Only once your case is settled and your attorney receives the check, will their office re-pay the loan you were given.

What could a truck accident be worth?

One of the biggest factors for valuing an injury lawsuit is the insurance policy of the at-fault party. For accidents involving trucks and tractor trailers insurance policies are far greater than normal cars.

Federal regulations require a carrier of non-hazardous material to have an insurance policy of a minimum amount of $750,000 to cover liability for injuries to the public. A carrier of certain hazardous materials must have insurance with a minimum amount of $5 million dollars in liability coverage. Also, a trucking company may have an insurance policy over the driver of the truck as well as the trailer. That means that even if the tractor and trailer are insured under the same policy, there may be separate limits of coverage for both the tractor and trailer (For example: $1 million of coverage on each for a total of $2 million).

While an accident involving a truck does not ensure a large injury settlement, it allows for far more compensation to those who have been seriously injured. Unfortunately for some injured parties, if the at-fault vehicle carries only the state minimum insurance of $25,000, then that would be the most they win in a lawsuit.

Where can Bridgeway Fund?

All across New York including: Kings County, Queens County, New York County (Manhattan), Suffolk County, Bronx County, Nassau County, Westchester County, Erie County, Monroe County, Richmond County, Onondaga County, Orange County, Rockland County, Albany County, Dutchess County, Oneida County, Saratoga County, Niagara County, Broome County.