Lawsuit Loans in New Hampshire
Uplift Legal Funding provides non-recourse lawsuit loans in New Hampshire. New Hampshire has a population of 1,330,608, making it the 10th largest state in the United States. It ranks 29th 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, New Hampshire scores a 10.0, which signfies that it is very easy for injured plaintiffs to access legal funding in New Hampshire. To learn more about injury statistics and legal funding in your state, read this brief guide to New Hampshire lawsuit loans
Accident Injury in New Hampshire
New Hampshire’s yearly injury death rate of 60.5 per 100,000 places it 0.7% higher than the national average of 60.1.
New Hampshire residents drive an estimated total of 13 billion miles yearly. That means the average New Hampshire resident drives about of 9,841 miles per year. That figure is 2.2% 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. New Hampshire residents are fairly bad when it comes to buckling up, reporting a 69.0% use rate.
The drinking rate in New Hampshire, or the percent of people who report drinking too much before driving at least once in the prior month is 1.4%, which is 24.3% lower than the national average of 1.8%.
In part due to these factors, the car accident fatality rate in New Hampshire is 8.6. This compares favorably to the US national average of 10.9, and costs the state $167 million yearly.
New Hampshire Lawsuit Funding Cheat Sheet
According to Chapter 508, Sec. 508.4; the statute of limitations for personal injury cases in New Hampshire is 3 years. This means that you may lose the right to sue if you do not file your legal claim within that time-frame.
Different states follow slightly differing comparative negligence statutes. In New Hampshire, the guideline is modified comparative fault with a 51% threshold. Basically, this means that if plaintiff is not majority at-fault party, damages can be reduced by relative negligence – N.H. Rev. Stat. Ann. § 507:7(d). Often, for legal funding requests early-on in a case, companies providing lawsuit loans in New Hampshire must assume state minimum policy limits of:
- $15,000 bodily injury liability per person
- $30,000 bodily injury liability per accident
- $5,000 property damage liability per accident
- $15,000 personal injury protection
Regulation of Lawsuit Loans in New Hampshire
Lawsuit loans in New Hampshire 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.