Letโ€™s face it, accidents are an unfortunate fact of life. No one can expect to live an entire lifetime without racking up a few bumps and bruises. More often than not, if someone is injured at no fault of their own, it will trigger a personal injury claim to be filed.  


There are hundreds of ways that someone can injure themselves, but some incidents are more common than others. Not surprisingly, it seems that car accidents take the cake when it comes to personal injury cases. In fact, a mind-blowing 3 million people are injured in automobile accidents each year in the United States. 

With so many Americans getting banged up or seriously injured every year, some insurance companies have put good business on the backburner to protect their bottom line. It isnโ€™t rare for insurance companies to deny, disrupt or delay personal injury claims from moving forward or prevent settlements from being paid out. 

So what happens if you find yourself unable to work as a result of your injuries and the insurance company is giving you the runaround? Well, first off, if you havenโ€™t done so already, you should immediately hire an experienced personal injury attorney to help expedite your case. 

Another thing you may want to consider is applying for pre-settlement funding. Pre-settlement funding can help you cover medical bills and living expenses while you wait for the outcome of your personal injury case.  

What is Pre-Settlement Funding? 

Pre-settlement funding is basically a cash advance that is leveraged against the projected payout of your personal injury settlement. In cases where the victim is not at fault, lawsuit lending firms will fork over money for food, medical and general living expenses, ahead of your settlement. The best news is that you donโ€™t have to pay back your pre-settlement advance unless your case wins. 

A pre-settlement loan can help you cover expenses likeโ€ฆ 

  • Medical Bills  
  • Utility Bills 
  • Housing
  • Groceries 
  • Transportation 
  • Daily Expenses 
  • Living Costs of Dependents 

In personal injury cases, most banks are reluctant to issue a loan with only the promise of a potential legal settlement as collateral. A pre-settlement funding company can provide you with the cash you need, with no upfront costs. This is a lifesaver for those that will be out of work for a long period of time, or that have suffered a permanent disability due to their injuries. 

Can Pre-Settlement Funding Protect You from Deceptive Insurance Practices? 

Insurance companies are notorious for trying to low-ball personal injury victims. They convince the litigant that there will be a lengthy legal battle ahead, and then tempt them with a nominal settlement amount if they agree to immediately close the claim. Plaintiffs who are strapped for cash may be pressured to drop their case or settle for less. 

Qualifying for pre-settlement funding may be the key to out-maneuvering and outlasting the insurance company. The only motivation for settling quickly and for less is that most people canโ€™t afford to be out of work and off their feet while weathering a lawsuit. They need money immediately to fulfill medical bills, buy food and keep their lights on. You can apply for your lawsuit loan online. There are no credit checks or up-front fees. Your anticipated settlement amount serves as the collateral.

Lawsuit funding companies are in place to help prevent you from being victimized by unscrupulous insurance companies. When you pair your pre-settlement loan with expert legal counsel, you have a much better chance of getting the compensation you deserve, no matter how long it takes. Your personal injury attorney will help you negotiate the highest settlement amount possible, and youโ€™ll have the safety net of your pre-settlement loan to see you through the process. 

Bad Faith Insurance Practices 

Lawsuits take time and money. Insurance companies are very much aware that everyday people rarely have the resources to endure a drawn-out negotiation process, much less take their case to trial. Insurance providers go to great lengths to discredit the validity of personal injury claims. This is even more of a reason why retaining a personal injury attorney, in conjunction with pre-settlement funding, gives you the best chance at getting the compensation you deserve. 

If you have been injured due to someone elseโ€™s negligence and you plan on filing a personal injury claim, there are some red flags you should be on the lookout for when negotiating with an insurance company. Please note that these examples of bad faith insurance practices are merely a guide and not official legal advice. 

  • Insurer advises the claimant not to hire a lawyer
  • Strong and forceful or demeaning language, verbal harassment 
  • Intrusive investigative tactics like coming to a victimโ€™s home daily 
  • Failure of an insurer to settle a claim, and instead instructing the insured to pursue another party first before offering a settlement
  • Lowballing clients, or not informing them of the true value of their claim
  • Altering information about the claim 
  • Withholding vital information about the benefits covered that are pertinent to the claim 
  • Illegally attempting to diminish the value of the claim and reduce the top line amount

Stay informed of your rights. If you are not at fault, you are entitled to compensation for your medical expenses, lost wages and more. Donโ€™t be led astray by deceptive insurance companies and seek pre-settlement funding if it is available. 

You deserve to have peace of mind during this difficult time. Lawsuit Cash 24/7 can help you pay your bills while you recover and wait for your personal injury settlement to arrive. Call us today to see if you qualify: 866.323.1083.

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