How long does a car accident settlement take in Colorado?

Minor cases with clear liability often settle within 3 to 6 months. Complex cases involving significant injuries, disputed fault, or litigation typically take 1 to 3 years. Settling before reaching maximum medical improvement permanently caps your recovery.

Do I have to pay taxes on a car accident settlement in Colorado?

Generally, compensation for physical injuries and medical expenses is not taxable under federal law. Punitive damages and certain emotional distress claims may be taxable. Consult a tax advisor for your specific situation.

What if the other driver has no insurance in Colorado?

If the at-fault driver is uninsured, your own uninsured motorist (UM) coverage can cover your damages. Colorado requires insurers to offer UM/UIM coverage under C.R.S. § 10-4-609.

Should I accept the insurance company's first settlement offer?

Rarely. First offers are almost always below actual claim value, particularly if you are still treating. Do not accept any settlement before your injuries have fully resolved or reached maximum medical improvement (MMI).

How much does a car accident lawyer cost in Colorado?

Most personal injury attorneys in Colorado, including Mandelaris Law, work on a contingency fee basis — meaning you pay nothing unless you recover. The fee typically ranges from 33% pre-litigation to 40% if the case goes to trial.

What is the statute of limitations for car accident claims in Colorado?

Under C.R.S. § 13-80-101, you generally have three years from the date of the accident to file a personal injury claim in Colorado. Missing this deadline permanently bars your claim.

What is the non-economic damages cap in Colorado personal injury cases?

Under C.R.S. § 13-21-102.5, the current non-economic damages cap in Colorado personal injury cases is $642,180. In catastrophic injury cases, courts may increase this cap to $1,284,370 upon clear and convincing evidence.

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How Much Is My Colorado Car Accident Case Worth?

Posted in Uncategorized on April 23, 2026

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