Car accidents can be devastating, leaving victims with physical, emotional, and financial burdens. If you have been involved in a car accident in Colorado, you may be entitled to compensation for your damages, including medical bills, lost wages, and pain and suffering. But how much can you sue for in a car accident case in Colorado?
The answer depends on several factors. Colorado follows a “modified comparative fault” rule, which means that if you are found to be partially at fault for the accident, your compensation may be reduced proportionally. Additionally, the amount of compensation you can receive is not limited by a cap on non-economic damages in car accident cases in Colorado.
The amount of compensation you can sue for is also influenced by the insurance coverage of the parties involved. Colorado requires all drivers to carry liability insurance, with minimum liability insurance requirements of $25,000 per person for bodily injury, $50,000 per accident for bodily injury, and $15,000 per accident for property damage. However, many drivers choose to purchase higher levels of coverage.
If the damages in a car accident case exceed the insurance coverage of the at-fault driver, you may be able to recover additional damages through your own insurance policy, if you have uninsured or underinsured motorist coverage.
It’s important to note that the amount of compensation you can receive in a car accident case in Colorado is dependent on the specific circumstances of the case. To ensure you receive the compensation you deserve, it’s crucial to consult an experienced car accident attorney. At Mandelaris Law, LLC, we have years of experience helping car accident victims in Colorado recover the compensation they deserve. Contact us today for a consultation and learn more about how we can help you.