Riding on a motorcycle is lots of fun, imagine just going to the beach on a hot summer day and feeling the breeze while riding your bike while the sun shines brings a feeling of freedom and excitement. Nevertheless, lets take a look at a harsh reality that many of us motorcycle lovers try not to think about as the truth is that they can lead to catastrophic if not fatal injuries.
Motorcycle Accident Pre-Settlement Funding and Statistics; Injuries and Fatalities Overview:
According to the US Department of Transportation, there are about 8.5 million registered motorcycles on the road in the United States as of 2012. Motorcyclists were 27 times more likely than passenger car occupants to die in a crash, and 5 times more likely to be injured making up a total of 15% of traffic deaths.
As if 2016, 286 motorcyclists died in fatal crashes. This is an increase from 2015 in which 4,976 motorcyclists were killed, and 2014 when 4,594 motorcyclists were killed. The NHTSA numbers stats say that this is the highest number of motorcyclist fatalities since 2008 (5,312).
Because of the inherently dangerous nature of riding a motorcycle, insurance companies take their time to analyze and pay out on motorcycle accidents. Unfortunately this can leave you in a position where you can not work or pay your bills until you settle or recover from the accident.
Let’s take a look at some statistics on when motorcycle accidents are most likely to take place:
How Can Motorcycle Accident Settlement Funding Help?
The long term damages from a motorcycle accident can be devastating and even life threatening. If you or a loved one has been involved in a motorcycle accident and have an active lawsuit, we can provide you the money you need before your case settles. Most people have their money the same day they are approved. Because the money we extend you is an advance, not a lawsuit loan, there are no payments due on the funds you receive until your case is settled favorably in the courts or a reasonable offer is accepted with your insurer. If the insurer rejects your case and the court doesn't decide in your favor, you don't owe us anything.