Idaho Lawsuit Loans
Uplift Legal Funding provides non-recourse lawsuit loans in Idaho. With a population of 1,654,930, Idaho is the 8th largest state in the United States, and ranks 7th for per capita fatal injuries (D.C. included).
Because funding regulation is complex, Uplift developed a funding-ease scale. This scale helps plaintiffs understand what part their state plays in lawsuit loan decisions. On a scale of 0 to 10, Idaho scores a 10.0. This means that we consider it very easy for plaintiffs to get lawsuit loans in Idaho. Read more information below about the legal funding environment in Idaho.
Accident Injury in Idaho
Idaho’s yearly injury death rate of 67.3 per 100,000 places it 12.0% higher than the national average of 60.1.
Idaho residents drive an estimated total of 17 billion miles yearly. That means the average Idaho resident drives about of 10,068 miles per year. That figure is 4.5% higher 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. Idaho residents are fairly bad when it comes to buckling up, reporting a 79.0% use rate.
The drinking rate in Idaho, or the percent of people who report drinking too much before driving at least once in the prior month is 1.2%, which is 35.1% lower than the national average of 1.8%.
In part due to these factors, the car accident fatality rate in Idaho is 13.1. This compares unfavorably to the US national average of 10.9, and costs the state $303 million yearly.
Idaho Legal Funding Cheat Sheet
According to Title 5, Ch. 2, Sec. 5-219; the civil statute of limitations in Idaho 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.
Idaho’s guideline is modified comparative fault with a 50% threshold. Essentially, this means that plaintiff may not recover if majority at-fault – Idaho Code § 6-801. Its important to keep in mind that if you request car accident lawsuit loans early-on in your claim, legal funding underwriters must assume Idaho state minimum policy limits of:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $20,000 property damage liability per accident
- $25,000 uninsured motorist coverage per person
- $50,000 uninsured motorist coverage per accident
Regulation of Lawsuit Loans in Idaho
Lawsuit loans in Idaho 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.