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Lawsuit Funding Supports Hit-and-Run Accident Cases

A cyclist died after being the victim of a double hit-and-run accident. Police said the man was sideswiped and struck by a black Mercedes Benz van, knocking him to the ground where he was then run over. The driver of the van allegedly stopped and got out of his vehicle momentarily, but then got back in and drove away. The victim was rushed to the hospital where he later died of his injuries. Police are still searching for the two hit-and-run drivers.

Hopefully police will be able to track down the drivers and hold them accountable. Of course, no legal action can ever bring back a loved one killed in an accident, but it is more devastating when justice is forestalled by a hit and run driver who evades police and refuses to take responsibility for his/her carelessness and negligence. While most insurance companies will pay for damaged caused by a hit and run accident, some may deny coverage if the accident resulted in a crime. It is imperative that the family contact an attorney to help preserve their legal rights. An experienced auto accident attorney will work with the investigative team to reconstruct the accident to find the person responsible and hold them accountable.

During the litigation process, the family may be dealing with mounting medical bills, funeral expenses, and loss of wages. If the hit and run driver is not found, we hope that the unfortunate victim was wise enough to secure uninsured motorist coverage from her own insurance company. This valuable and inexpensive coverage insures accident victims who are injured by uninsured or un-located hit and run drivers. Coverage limits should be purchased for the highest limits available (or, at least to the same limits to which you would insure yourself if you happen to be the negligent driver). Policyholders can also purchase underinsured motorist coverage to protect themselves if they are injured by someone who has minimal insurance. With this coverage, their own carrier picks up the difference between the value of an injury and the amount of the negligent party's insurance (up to the limits you purchase-again, it is our strong advice that you purchase as much as you can afford).

Whether or not the family of the deceased man can pursue the negligent party, because he/she is found, or whether they pursue the case as an uninsured motorist case, lawsuit funding is a service they may want to consider. Lawsuit funding is a mechanism through which a plaintiff can receive emergency cash when they may not have the funds to wait months, or years, to reach a settlement. If the family qualifies, ordinary and/or extraordinary expenses can be made by a lawsuit funding company while awaiting a settlement or verdict in the case. Because funding is approved on case merit alone, all that is needed to qualify is to be represented by an attorney and have a viable case. There is no need for credit checks or employment verification. If approved, funds can be available within 24 – 48 hours. Our hit-and-run lawsuit funding is on a non-recourse basis, meaning if you lose your case, you owe us nothing. Furthermore, there are no out of pocket expenses or monthly payments. If you are having trouble covering expenses due to a hit-and-run accident, then consider lawsuit funding.