Rhode Island laws, accident rates, lawsuits, and legal funding.
During protracted litigations, most plaintiffs are faced with the financial difficulty that pushes them to settle early and take ridiculous amounts from the defendant’s attorney or insurer. While your bills won’t stop coming and things may look bleak, you should avoid the temptation of settling early. The following guide will help you understand more about your case, how the law works in Rhode Island, and how legal funding may help you and your case.
Crime rates and lawsuits in (RI)
Renowned for its sandy shores and colonial towns, Rhode Island is also home to large cities, including Newport and its capital Providence. The gilded mansions in Rhode Island are just a few of its dazzling attractions. Others include green Roger Williams Park and the popular WaterFire art installation.
Like every other beautiful state in the United States, Rhode Island also has its fair share of violent crime and property crime.
According to a recent State of Safety survey, over 50% of the population express high concern for their safety every day. With over 1 million people, that puts this state 4% ahead of the national average of 46% in 2020.
With increasing civil lawsuits in Rhode Island, the courtrooms here are on the brink of getting overwhelmed with litigations, and you know what that means — protracted court hearings, delayed settlement, and compensation.
Car accident statistics
Recent reports from the United States Department of Transportation, Rhode Island recorded 7.6 deaths per 100,000 of the population from fatal motor accidents in 2017. This is equal to 83 deaths from 76 crashes. The top causes of car crash fatalities in this area include neglect of seatbelts and driving under the influence.
The drinking rate is 2.4% compared to the national average of 1.8%, while seat belt compliance is at 78%.
Considering that the average Rhode Island resident drives an estimated 7,416 miles per year, the seat belt use rates are low.
Combined, driving too much before driving and refusal to buckle up puts Rhode Island car accident fatality rate at 4.3 compared to the national average of 10.9. The Ocean State spend about an average of $84 million yearly on car accidents.
At Baker Street Funding, we offer low rates of car accident loans to help traffic accident victims cope with financial strains while litigations are ongoing.
Insurance laws
Rhode Island adopts the comparative fault system to determine how much compensation is due to parties involved in an injury.
Each party will get as much compensation as the court finds it at fault. This means that if a plaintiff is found to be 10% at fault for their injury, their compensation will be reduced by 10%.
In deciding cases of car accidents, Rhode Island operates the fault doctrine. The fault doctrine ensures that the at-fault party takes up the financial responsibility for the harm caused.
In Rhode Island, also the minimum liability coverage is:
- $25,000 for bodily injury liability coverage per person and $50,000 per accident.
- $25,000 for uninsured/underinsured motorist coverage per person and $50,000 per accident.
Statute of limitations
Like every other state in the U.S, plaintiffs have a time frame within which they are expected to file lawsuits against the other party.
If the plaintiff exceeds the time frame for their case, they lose the right to claim damages or seek compensation. This time frame is called the statute of limitations, and it differs between cases.
- Injury to person — 3 years
- Libel and slander — 1 year
- Product liability — 3 years
- Wrongful Death — 2 years
- Professional malpractice — 3 years
- Fraud — 10 years
- Injury to property — 10 years
- Judgment — 20 years
It would be best if you kept an eye on the deadline for filing your case. While you are at it, it would be best to discuss with your attorney for expert advice.
Lawsuit loans near you
Cities we typically fund in Rhode Island:
1. Providence
2. Cranston
3. Warwick
4. Pawtucket
5. East Providence
6. Woonsocket
7. Cumberland
8. Coventry
9. North Providence
10. South Kingstown
11. Johnston
12. West Warwick
13. North Kingstown
14. Newport
15. Westerly
Rhode Island counties we typically fund:
1. Providence County
2. Kent County
3. Washington County
4. Newport County
5. Bristol County
List of types of cases we fund in RI state
- Assault and battery
- Agricultural and farming accidents
- Beach accidents
- Asbestos
- Carbon monoxide poisoning
- Chemical fire accidents
- Cruise ship accidents
- Dram shop
- Electrical accidents
- Expected/intended harm
- Gym accidents
- Hospital negligence
- Libel and defamation suits
- Nursing home negligence
- Negligent security
- Medical malpractice
- Mesothelioma
- Misdiagnosis
- Product liability
- Premises liability
- Roundup lawsuits
- School bullying
- School negligence
- Slip and fall
- Sports Injuries
- Subway accidents
- Sexual abuse of any kind
- Surgical error
- Supermarket accidents
- Swimming pool accidents
- Toxic mold
- Veteran Affairs Military Lawsuits
- Wet pavements
- Work related accidents
- Wrongful death
Motor vehicle and car accident loans
- Ambulance accidents
- Aviation accidents
- Bicycle accidents
- Boating accidents
- Bus accidents
- Commercial vehicle accidents
- Farm tractor
- Firetruck accidents
- Forklift accidents
- Golf cart accidents
- Hit and Runs
- Head-on accidents
- Helicopter accidents
- Limousine accidents
- Motorcycle accidents
- Multiple-vehicle Accidents
- Pedestrian accident
- Police car accidents
- Parking lot accidents
- Racing car accidents
- Rear-end accident claims
- RV accidents
- Scooter and moped accidents
- Semi-truck 18 wheeler accidents
- Side-impacts
- Taxicab accidents
- Uber, Lyft accidents
- Train accidents
Employment and labor lawsuit funding
- Construction accidents
- Employment discrimination
- FELA
- Jones Act
- Sexual harassment
- Wage law violation
- Wrongful termination
- Patent Litigation Funding
- Securities and Shareholder
- Qui Tam Whistle Blower
- International Arbitration
- Commercial Litigation
- Monetization
- Competition and Anti Trust
- DIP Chapter 11 Bankruptcy
- Veteran Affairs Settlements
- All settled mass torts
Other states we fund
*We provide funding for personal injury, employment/labor, and civil rights lawsuits in the following states:
Arizona, Alabama, Alaska, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, Nevada, New York, New Jersey, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, Wyoming.
- We currently fund Colorado at a minimum of $75,000. Case value must be at least $750,000+.
- We currently fund North Carolina at a minimum of $25,000. Case value must be at least $250,000+.
- We currently fund South Carolina at a minimum of $100,000. Case value must be at least $1,000,000+.
- We currently fund in Nevada at a minimum of $20,000. Case value must be at least $200,000+.
- We currently fund in Illinois at a maximum of $40,000. Case value must be at least $400,000+.
- We currently fund in Tennessee at a minimum of $10,000. Case value must be at least $100,000+.
- We currently fund in Arizona at a minimum of $20,000. Case value must be at least $200,000+.
*Litigants with corporate disputes are eligible to receive funding in every state in the United States (and eligible countries).
*Funding for attorneys is provided in most states. Please get in touch with us to find out if your state is eligible.
*Worker’s compensation claims are funding only in the following states: Alaska, Connecticut, Florida, Iowa, Louisiana, Montana, Rhode Island, Washington, and Wyoming.