pre-settlement funding in Missouri include topics of the benefits of pre-settlement funding, comparative negligence, insurance limits for personal injury and auto accidents and who the some of the top attorneys in the state
are
Pre-Settlement Funding in Missouri
When someone has been the victim of a personal injury, they may be unsure where to turn for help. Pre-settlement funding in Missouri solves this concerning issue. Pre-settlement funding is when an individual in a personal injury case receives a lump sum of money from a legal funding company even before the case is settled. This solution provides financial assistance and helps relieve the financial burden one may be struggling with due to their accident.
Given Missouri’s comparative negligence rule in personal injury cases, both parties are likely to share responsibility in the case. This can be overwhelming, both monetarily and emotionally, especially when one is the victim of an accident. Luckily, those who are involved in personal injury cases in Missouri can take advantage of pre-settlement funding.
Benefits of Pre-Settlement Funding in Missouri
When someone needs financial assistance due to an injury in Missouri, pre-settlement funding may be a viable solution. With pre-settlement funding, one can receive access to the money they need even before the case is settled. This is especially beneficial for those with medical bills, lost wages, and other necessary expenses. The relief pre-settlement funding offers can be invaluable, providing the victim and their family with much-needed financial aid.
In addition to financial relief, pre-settlement funding can also provide peace of mind. As an individual prepares for their personal injury case, pre-settlement funding can free them from the burden of worrying about finances during the process. They can then focus their attention on the legal proceedings with the financial support to back them up.
Insurance Limits for Personal Injury
It is important to note that the insurance limits for personal injury in Missouri must be considered when one is searching for financial relief. Personal injury cases in Missouri are subject to the “prudent person” reasonableness standard and the “negligence per se” rule, depending on the nature of the case, meaning that the strength of an insurance claim in Missouri can vary. Because of this, it is important to consult a personal injury attorney to understand the limits of insurance coverage and whether pre-settlement funding is an appropriate solution.
Insurance Limits for Auto Accidents
In the case of auto accidents in Missouri, the Missouri Department of Insurance provides the following requirements pertaining to auto liability insurance: at least 25,000/50,000 for bodily injury and $10,000 for property damage. It is important to be aware of these auto insurance requirements in the event of an auto accident. As with personal injury cases, seeking the help of a lawyer is the best way to determine the extent of auto insurance coverage and if pre-settlement funding is a viable option during legal proceedings.
Top Personal Injury Attorneys in Missouri
Knowing who to turn to for help in the event of a personal injury is essential. Here are some of the top personal injury attorneys in the state of Missouri, in no particular order:
-Tebbet Law Firm –Teuber Law Firm is located in O’Fallon, Missouri and has been named as “Best of the Best” by St. Louis Small Business Monthly and “Best of the Pro Football Hall of Fame” by The Kansas City Business Magazine.
-Parker Law Group –Parker Law Group specializes in personal injury cases, located in St. Louis, Missouri.
-Zevan and Davidson –With over 40 years of legal experience in personal injury cases, the Zevan and Davidson team is located in St. Louis and provides a “client first” approach for their clients.
-Stein and Shulman –Stein and Shulman is located in St. Louis, Missouri, and have been named as one of the top personal injury law firms in the state by U.S. News & World Report.
These are only a few of the top attorneys in Missouri for personal injury cases. Consulting a lawyer is the best way to explore the best solution for an individual’s particular personal injury case.
Conclusion
Pre-settlement funding in Missouri can be a valuable solution for those who are dealing with personal injury and the financial burden that often comes with it. There are several benefits to pre-settlement funding, and there are notable insurance limits for both personal injury and auto accidents in Missouri. Knowing who to turn to for help is also important, with some of the top personal injury attorneys in the state being Tebbet Law Firm, Parker Law Group, Zevan and Davidson, and Stein and Shulman. Consulting a lawyer is the best way to understand the individual’s options for pre-settlement funding and how it can best benefit their specific situation.
