After the Accident: Selling Your Structured Settlement

You’ve already done the hard part – You’ve filed a claim after your car accident and are now receiving payments from your structured settlement. Good news! …Right? Well, maybe not. The payments you’re receiving probably aren’t enough to really help you achieve (and fund) your life goals. Enter RSL Funding. If you’re currently receiving payments, we’ll buy your structured settlement and in exchange, provide you with a large lump sum of cash!

Selling your structured settlement for a lump sum can help take your financial situation to the next level. Case-in-point, customers who sell their structured settlement payments usually use their lump sums to purchase reliable vehicles, pay off debt, go back to school, start a business venture, and more. In other words, they’ve sold their payments and now have a new start.

Why a Lump Sum Makes Sense

Working to get your settlement was complex enough. It likely involved working with personal injury lawyers promising top dollar for car accident victims. You probably had some wait time for your settlement funds to be approved too. As it stands now, the slow payment stream may still not be enough to upgrade your circumstances. Selling your structured settlement for a lump sum makes sense because it’s your money. The lump sum isn’t a loan and obtaining it doesn’t affect your credit. Car accidents and their financial domino effect can make life stressful. Obtaining a lump sum for the sale of your structured settlement is a great way to “level-up” and leave that stress in the rearview mirror.

Average car accident settlement

I’ve Just Been in an Accident. Should I File a Claim?

RSL Funding has the capital on hand to fund your lump sum after you’ve filed a claim and have been awarded a structured settlement.

But for all those who are just starting out, here’s some helpful info:

If you’ve been in a car accident that wasn’t your fault, consider filing a claim. There is no guarantee what your car accident settlement will be, but if you’ve been injured because of someone else’s negligence, then filing a claim may be in your best interest.

If your injuries are minor, especially those that don’t require you to take any time off work, then your settlement will be minor. For major injuries, typically those involving the brain or spine, some settlements can reach into the high six figures, or even millions.

Obviously, if you’ve been injured in a car accident and your injuries prevented you from returning to work or required medical treatment of any kind, you’ll want to be compensated for that. But even minor injuries that are just an inconvenience still warrant exploring the possibility of filing a claim. If you’ve been injured and think you are entitled to a car accident settlement, speak to a lawyer about your options.

If after you’ve filed a claim, and were awarded a structured settlement, keep RSL Funding in mind! You’ll have the option of selling your structured settlement for a large lump sum, allowing you to tackle bigger, more complex financial obligations and goals.

We have an A+ track record with the BBB and have successfully funded thousands of lump sum payouts. In fact, RSL Funding offers the most cash for your settlement, guaranteed. It’s even backed by our $1000 guarantee.*

If you have an immediate need for cash – such as unexpected medical bills or the opportunity to start your own business – and are receiving settlement payments from a car accident, why not take advantage of money you’re entitled to?

If I File a Claim, What’s the Average Car Accident Settlement I Can Expect?

The amount you can receive in a car accident settlement, or whether you are entitled to one at all, varies by situation and depends on the circumstances of your particular case. The extent of your injuries will heavily influence how much you are entitled to.

Attorney Pages offers the following suggested guidelines for average car accident settlement estimates:

  • For relatively minor injuries with no ongoing complications, such as ‘soft tissue’ or ‘whiplash’, the average settlement will tend to be between $10,000 and $25,000
  • For more substantial orthopedic injuries that necessitate surgery, physical therapy, or ongoing care, settlements can run anywhere from $50,000 to $75,000
  • Spinal injuries not resulting in paralysis average anywhere from $75,000 to $100,000
  • Any injury that results in paralysis will typically have settlements in the high six-figures, or even millions
  • Brain injuries that result in cognitive impairment, loss of brain function, or require surgery typically settle in the $100,000 to $250,000 range
  • A catastrophic brain injury that is so severe the injured requires assistance with daily life can settle in the high six-figures, or even the millions

If you’re receiving settlement payments from a car accident and would like more information about selling your payments for a lump sum, call RSL Funding today at web_phone or request a quote to get the most money.

* All payment purchases are subject to meeting our underwriting and other requirements. In order to receive the $1,000, the following conditions must be met: (i) you must provide us with a quote in writing from another structured settlement payment purchasing company, signed by an authorized representative, and dated within three business days of the date submitted to us (“Qualifying Quote”); (ii) if we are unable to beat the competitor’s quoted purchase price, we will provide you with written notice within three business days of our receipt of their Qualifying Quote; (iii) the $1,000 check shall be due and payable to you upon our receipt of written confirmation, satisfactory to us, of the funding of the transaction at that quoted purchase price, and that funding must occur within ninety days after you receive written notification from us that we cannot beat their Qualifying Quote. Limit one counter offer per customer. Call for further terms and conditions.