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Alaska Legal Loan

Alaska Lawsuit Loans

Plaintiffs in the State of Alaska have the option of seeking a legal loan on their lawsuit.  In Alaska,

Direct Legal Funding extends legal loans, lawsuit loans and lawsuit advances to plaintiffs with the following cases:  Car Accidents, Jones Act, medical malpractice cases, personal injury claims, labor law cases, tractor trailer accidents , burn victims, verdicts on appeal, workers compensation, slip and fall cases, negligence cases, premise liability cases, auto accidents, settled cases and more.

All of the above types of cases are eligible for Lawsuit Funding however car accidents are the most common type of case that legal loans are given for.

Because Alaska is a  comparative and several liability state, a plaintiff is entitled to recover against each defendant in proportion to his or her degree of fault. The plaintiffs liability usually does not preclude a settlement: however, a defendant may allege that a plaintiff was comparatively negligent and decrease the plaintiff’s recovery according to the plaintiff’s relative fault.
Alaska state law requires minimum Bodily Injury Liability Limits of $50,000 per injured person up to a total of $100,000 per accident, and Property Damage Liability coverage with a minimum limit of $25,000. This basic coverage is often referred to as 50/100/25 coverage
These limits are some of the most generous in the nation when it comes to insuring that the victim can recover monetary damages in accordance with their injury that is incurred through the negligence of another party in an auto accident.
The state of Alaska follows a Tort system as opposed to a “No Fault” system of compensation, meaning someone must be found to be at fault for causing the accident and that person and his insurance company are responsible for all the damages.

Major cities in Alaska

1. Anchorage, Alaska

2. Juneau, Alaska

3. Fairbanks, Alaska

4. All other cities in Alaska