pre-settlement funding in New Hampshire 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
Pre-Settlement Funding in New Hampshire
Pre-settlement funding is an insurance product that allows a person to receive a portion of their personal injury award now, rather than waiting until their case has concluded. In the state of New Hampshire, there are a few pre-settlement funding companies available to take advantage of these funds. This article will discuss the benefits of pre-settlement funding in New Hampshire, comparative negligence, insurance limits for personal injury and auto accident cases, and some of the top attorneys in the state.
Benefits of Pre-Settlement Funding
Pre-settlement funding is beneficial to personal injury plaintiffs as it allows them to access immediate financial relief before their case is concluded. For many cases, settlement negotiations can take months or even years. In the interim, plaintiffs may be facing lost wages, medical bills, and other financial burdens due to their injury. Pre-settlement funding can help to alleviate these burdens and provide resources for day to day living expenses.
Pre-settlement funding is also beneficial as it does not require a credit check, down payment, or proof of employment. This means plaintiffs can receive funding regardless of their financial standing. Additionally, pre-settlement funding is not a loan. This means plaintiffs are not required to pay back the funding until their case is concluded, at which time they will receive the settlement they are entitled to.
Pre-settlement funding companies typically only take a small percentage of the settlement award, rather than the full amount of the award. This means plaintiffs will still be able to receive the majority of the settlement amount.
Comparative Negligence
New Hampshire has a modified comparative negligence rule, which means that plaintiffs can still receive compensation, even if they are partially at fault in a personal injury matter. This means they can still receive a portion of the settlement award and benefit from pre-settlement funding.
In order to determine how much of the settlement a plaintiff can receive, a jury will assess the percentage of the fault of each party and the plaintiff will be awarded an amount based on the percentage of fault attributed to the other parties. For example, if the jury determines that the plaintiff is 20% at fault, the plaintiff will only be entitled to 80% of the settlement.
Insurance Limits for Personal Injury and Auto Accident Cases
New Hampshire is a “No-Fault” state for automobile accidents, meaning that the insurance of the injured person is required to cover the expenses related to the accident, regardless of who is at fault. This includes medical bills, lost wages, and other expenses. Personal injury cases, on the other hand, are typically covered by the tortfeasor’s insurance coverage.
New Hampshire requires drivers to carry a minimum of $25,000 in bodily injury liability coverage and a minimum of $50,000 in total liability coverage. This means that drivers will be able to access up to $25,000 in compensation for personal injury accidents. For auto accidents, drivers are also required to carry a minimum of $25,000 in property damage liability coverage.
Top Attorneys in New Hampshire
New Hampshire is home to some of the top attorneys in the country. Some of the top personal injury lawyers in the state include Patrick Maloney, John T. O’Hara, and Stephen C. Brown.
Patrick Maloney is a leading personal injury lawyer in New Hampshire. He is experienced in a wide variety of personal injury cases, including medical malpractice, birth injury cases, and product liability.
John T. O’Hara is a nationally recognized personal injury attorney in New Hampshire. He is highly experienced in a range of personal injury matters, including motor vehicle accidents, premises liability, and workers’ compensation.
Stephen C. Brown is a highly successful attorney in the field of personal injury law. He is experienced in matters such as automobile accidents, wrongful death claims, and brain injuries.
Conclusion
Pre-settlement funding is a beneficial insurance product in the state of New Hampshire that enables personal injury plaintiffs to access financial resources before their case is concluded. This article discussed the benefits of pre-settlement funding, comparative negligence, insurance limits for personal injury and auto accident cases, and some of the top attorneys in the state. If you are considering pursuing pre-settlement funding, it is important to do your research and consult with an experienced personal injury attorney in the state of New Hampshire.
