Car Accident Compensation in Colorado
Colorado Springs car accident compensation lawyer explains how process works
The financial impact of a serious car accident caused by another driver can add up fast. From medical bills to vehicle repairs and replacement income if you cannot work, accident-related expenses can easily reach thousands of dollars or more very quickly.
So how much is your car accident claim worth? How much money can you expect to receive in compensation for your injury-related expenses? The answer to this seemingly simple question is a lot more complicated than you might expect. That’s why we want to help you.
Car Accident Case Results
$3,850,000 for a car accident case
$525,000 for a car accident claim
A Colorado car accident compensation attorney at The Longo Firm can help you demand the money you need for your injury expenses. We know what to do because we have years of experience handling such complex legal cases. You deserve to be compensated for your pain and suffering and other damages. When you have our legal team on your side, you can make sure your car accident injury claim gets the attention you deserve.
FAQs About Car Accident Compensation In Colorado
- Can I get compensation for a car accident?
- How much time do I have to notify my insurance company about my car crash?
- What does car insurance cover in Colorado?
- What is the average car accident settlement?
- How much is my car accident worth?
- What car accident expenses can I be compensated for?
- Is Colorado an at-fault or no-fault state?
- What are insurance requirements in the state of Colorado?
- Who pays compensation for my car accident?
- What happens if you’re hit by an uninsured driver?
Can I get compensation for a car accident?
If another driver caused your collision, you should be compensated for all your accident-related expenses. Unfortunately, many car accident compensation claims turn out to be much more complicated than many people expect.
For example, if a drunk driver crashed into your car, you should easily get compensation for a drunk driving accident. The same is true if a distracted driver causes a rear-end crash. You would think you would easily receive compensation for a rear-end accident.
But actually getting all the money you deserve for your injury claim can be a lot harder than you might suspect. Often, this is due to the at-fault driver’s insurance company. This is why an experienced car accident compensation lawyer can make such a difference after your crash.
How much time do I have to notify my insurance company about my car crash?
If you were in a car accident in Colorado, you should let your insurance company know as soon as possible. There is no specific legal deadline, but sooner rather than later is always better. Most insurance policies require quick reporting and waiting too long could cause problems with your claim.
Even if you think the other driver is clearly at fault, your insurance company still expects you to keep them informed. Acting quickly can also protect you from losing insurance coverage. Insurance companies may try to deny payment if they believe you delayed reporting the crash. By contacting them early, you give yourself the best chance at receiving the benefits your policy provides.
It is always better to tell your insurance company about the accident right away rather than waiting. If you are not sure about deadlines or what to say, a Colorado car accident lawyer can guide you through this complex legal process. They can explain what steps to take and make sure your rights are protected every step of the way.
What does car insurance cover in Colorado?
Car insurance in Colorado helps cover expenses resulting from a car accident. Policies are designed to protect you from paying out of pocket for financial losses (commonly referred to as “damages”). While coverage depends on your plan, there are two main categories of damages in most car accident cases:
- Economic damages: These include the money you lost or spent because of the crash such as medical bills, car repairs, and lost income.
- Non-economic damages: These cover losses that are harder to measure, such as pain, emotional distress, and loss of quality of life.
Both types of damages are important because they cover different parts of how an accident affects your life. Insurance is meant to address both the financial and personal impact of a crash. This is why it can be difficult to understand what your claim is worth. A lawyer can review your car insurance policy and make sure you are not missing out on any compensation you deserve.
What is the average car accident settlement?
There is no single number that represents the average car accident settlement in Colorado. Every case is unique because injuries, medical costs, and lost income are never exactly the same. The outcome depends on the facts of your case and the strength of the evidence you can present.
Insurance companies often try to settle for less than what you need. They often try to reduce payouts by questioning medical treatment, insisting your injury was a pre-existing medical condition, or arguing about who was at fault. This is why many people find that the first settlement offer is far below the true value of their claim.
A fair settlement offer should cover all your accident-related expenses, now and in the future. It should cover medical bills, physical therapy, lost wages, pain and suffering, and any other accident-related expenses. Working with an experienced lawyer gives you the best chance of securing a settlement that reflects the true impact of your crash.
How much is my car accident worth?
The bottom line is you should be compensated for all injury-related expenses after your car accident. How much your expenses add up to can depend on a wide range of factors, including the severity of your injury and how much time you need to recover after your accident.
As a result, your injury claim compensation might be worth thousands of dollars or even more. This is especially true if you need long-term medical care due to a permanent disability or a severe car accident injury.
What car accident expenses can I be compensated for?
A serious car accident can involve a wide range of expenses. These costs can stretch far beyond just fixing your car. Many people are surprised by how quickly bills pile up after a crash. These expenses often include:
- Emergency room treatment and hospital stays
- Ongoing medical care such as surgery or physical therapy
- Prescription medications and medical equipment
- Lost wages if you cannot work while you are recovering
- Future lost income if your injuries prevent you from returning to work
- Cost of repairing your car or buying a new vehicle
- Transportation expenses for getting to medical appointments
- Help around the house if you cannot do normal daily tasks
The list of accident-related expenses can feel overwhelming. That’s why it’s important to track every cost from the very beginning. Even small expenses such as parking at a hospital or buying over-the-counter medical supplies should be included. A lawyer can help organize these details and make sure nothing is left out of your claim.
Is Colorado an at-fault or no-fault state?
When it comes to car accidents, Colorado is an at-fault state. This means that when a car accident occurs, someone is found to be at fault or responsible for causing the accident. The at-fault driver's insurance company is then responsible for covering the damages and injuries suffered by the other driver.
This system aims to assign responsibility for the accident and ensure that the driver who caused the accident bears the financial burden.
What are insurance requirements in the state of Colorado?
In Colorado, drivers are legally required to have car insurance coverage. The specific requirements for insurance coverage in Colorado include minimum limits for bodily injury or death per person, bodily injury or death per accident involving multiple individuals, and property damage per accident. The minimum coverage required by the state includes:
- At least $25,000 for bodily injury (BI) or death per person involved in an accident.
- At least $50,000 for bodily injury (BI) or death per accident involving multiple individuals.
- At least $15,000 for property damage (PD) per accident.
Who pays compensation for my car accident?
If another driver clearly caused your collision, the at-fault party should compensate you for all your injury-related expenses. Again, Colorado and Arizona both have an at-fault car accident insurance system. That means the at-fault party is responsible for paying for all your accident-related expenses.
In most cases, this means the at-fault driver’s insurance company should pay for your accident expenses. Instead, these insurance companies often do everything they can to pay you as little as possible or nothing at all.
That’s not right. That’s why you need a lawyer who knows how to get the most compensation for a car accident on your side. Our legal team can fight for the money you deserve, whether you’re trying to get compensation for a neck injury or back injury in a car accident. Whatever the circumstances of your crash, we’re here for you when you need us most.
What happens if you’re hit by an uninsured driver?
Recovering damages when an uninsured driver causes an accident can be challenging but not impossible.
This is where uninsured/underinsured motorist (UM/UIM) coverage comes in handy. This type of insurance is optional in Colorado but is recommended in case you are hit by an uninsured driver.
If you don’t have UM coverage, you may still have other options. An experienced car accident attorney can help you understand your rights in this situation.
Get a lawyer who gets results. Contact us
You only have one opportunity to obtain all the compensation you need for a lifetime’s worth of expenses due to your car accident. This is why it’s critical that you have an experienced Colorado car accident compensation lawyer on your side, handling your injury claim.
Our dedicated legal team at The Longo Firm in Colorado Springs can make sure your injury claim or car accident lawsuit gets the attention it rightfully deserves. Attorney Stephen A. Longo can answer your questions and explain your options during your free and confidential case evaluation at our firm. That way, you can make informed decisions based on the facts.
Learn more about your legal rights. Contact us today. We handle car accident injury claims throughout Colorado and Arizona.