Even if there is little question that the negligent driver caused your car accident, delays in the case are common. Car accident settlements often take a year or longer. Insurance companies benefit by dragging the process out as long as possible. They know that plaintiffs may experience financial instability especially if a serious accident prevents them from working, and might agree to a lesser amount just to pay bills.
Pre-settlement funding can provide financial support while you wait for your settlement. Although commonly called a “lawsuit loan,” pre-settlement funding is a non-recourse cash advance based on the expected proceeds of your case, meaning there are no credit checks, employment requirements, or monthly payments involved.
Car Accident Settlement Delays
Cases that involve substantial injuries and high dollar figures can take longer to settle because the insurance company will fight harder over them. These companies are profit-driven and often seem to use tactics that prolong litigation and encourage plaintiffs to give up or accept less money than their case is worth.
Common delay tactics may include:
- Requesting Repetitive or Unnecessary Documentation. Insurers may ask for the same records multiple times or request irrelevant paperwork to slow down the process.
- Disputing Liability. Even when fault is clear, they might argue that their policyholder wasn’t responsible, forcing a longer investigation.
- Minimizing Injuries. Insurance companies often downplay the severity of injuries, insisting on more medical reviews or independent exams.
- Delaying Communication. Adjusters may avoid calls or emails, take an excessive amount of time to respond, or change representatives to stall negotiations.
- Offering Lowball Settlements Early. They may present an unreasonably low offer quickly, hoping financial pressure will push victims to accept less than they deserve, delaying fair compensation if rejected.
However, pre-settlement funding helps level the economic playing field against deep-pocketed defendants and insurance companies. When plaintiffs and their attorneys have adequate resources, they are better equipped to pursue a claim to its full potential.
Car Accident Pre-Settlement Funding
With car accident pre-settlement funding, you can cover essentials such as rent or mortgage, food, utilities, car payments, and other necessary expenses. There are typically no restrictions in most states on how you can use the money.
To qualify for auto accident pre-settlement funding, you must be at least 18 years of age, have a pending personal injury lawsuit, and have a lawyer representing you. Your attorney must agree to share details regarding the strength of your case with the funding company. The defendant in the case must hold the majority of liability. If you meet these criteria, fill out an application today.
If the application is approved, the money is usually available within 24 hours. Your pre-settlement funding amount is paid back when you receive your settlement or award.
“Our application process is free, with no hidden fees or charges. And if you have any questions about pre-settlement funding for your car accident claim, our team is here to help.” – Mustang Litigation Funding
Contact Mustang Funding Today
If your expected car accident settlement is delayed, contact Mustang Funding today to find out whether we can help you through these challenging times. Learn more from our ultimate guide to pre-settlement funding. We offer ethical institutional litigation funding to support justice. Since 2018, we have provided over $170 million in funds dispersed across our portfolio.
About Mustang Funding
Mustang Funding, founded in 2018 and based in Wayzata, MN, is a litigation finance company dedicated to empowering individuals and law firms nationwide with transparent and innovative financial solutions. With over $170 million funded, 10,000+ checks issued, and more than 3,000 cases financed, Mustang provides plaintiff pre-settlement funding, law firm financing, and commercial funding to meet diverse client needs. Their commitment to transparency, integrity, and expertise sets them apart, offering tailored financial support to plaintiffs, businesses, and legal professionals. By bridging capital gaps and fostering access to justice, Mustang Funding continues to lead the legal asset investment industry with a strategic, inclusive, and forward-thinking approach.
