Uplift provides non-recourse legal funding to plaintiffs in Hawaii

Lawsuit Loans in Hawaii

Uplift Legal Funding provides non-recourse lawsuit loans in Hawaii. Hawaii has a population of 1,431,603, making it the 9th largest state in the United States. It ranks 20th for per-capita fatal injuries (D.C. included).

Legal funding is currently regulated on a state-by-state basis. Based on industry data, Uplift developed a scale to measure a state’s ‘legal funding ease’ quotient. On a scale of 0 to 10, Hawaii scores a 10.0, which signfies that it is very easy for injured plaintiffs to access legal funding in Hawaii. To learn more about injury statistics and legal funding in your state, read this brief guide to Hawaii lawsuit loans

Accident Injury in Hawaii

Hawaii’s yearly injury death rate of 51.6 per 100,000 places it -14.2% lower than the national average of 60.1.

Hawaii residents drive an estimated total of 10 billion miles yearly. That means the average Hawaii resident drives about of 7,195 miles per year. That figure is 25.3% lower than the U.S. national average of 9,630 miles per year.

Aside from miles driven, local seatbelt and drinking and driving habits play a large part in the auto accident death rate. Hawaii residents are pretty good when it comes to buckling up, reporting a 93.0% use rate.

The drinking rate in Hawaii, or the percent of people who report drinking too much before driving at least once in the prior month is 2.9%, which is 56.9% higher than the national average of 1.8%.

In part due to these factors, the car accident fatality rate in Hawaii is 6.6. This compares favorably to the US national average of 10.9, and costs the state $149 million yearly.

Hawaii Legal Funding Cheat Sheet

According to Rev. Stat. Sec. 657.7; the civil statute of limitations in Hawaii is 2 years. This means that you may lose the right to sue for negligence if you do not file your lawsuit within the limit. The degree to which plaintiff negligence impacts the liability claim varies from state-to-state. Hawaii’s guideline is modified comparative fault with a 51% threshold.

This means that if plaintiff fault is less than the sum of other party’s fault, they can recover, at a proportionally reduced rate – Haw. Rev. Stat. § 663-31. Its important to keep in mind that if you request car accident lawsuit loans early-on in your claim, legal funding underwriters must assume Hawaii state minimum policy limits of:

  • $25,000 bodily injury liability per person
  • $50,000 bodily injury liability per accident
  • $15,000 property damage liability per accident

Regulation of Lawsuit Loans in Hawaii

Lawsuit loans in Hawaii remain largely unregulated and most legal funding companies provide funding in the state.

Despite lack of regulation, reputable companies follow basic best-practice disclosure guidelines for legal funding contracts. Lawsuit lenders nationwide should display rates, fees and repayment terms prominently.

Lawsuit Loans from Uplift Legal Funding

Uplift Legal Funding provides non-recourse lawsuit loans on personal injury claims in most states. If you have any questions, or are interested in legal funding, apply online or give us a call at (800) 385-3660.