This form is a sample answer and defenses filed by the defendant in a personal injury action.
Colorado Answer and Defenses - Motor Vehicle Accident - Long
State:
Multi-State
Control #:
US-PI-0318
Format:
Word;
Rich Text
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How to fill out Answer And Defenses - Motor Vehicle Accident - Long?
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FAQ
Colorado has no caps on economic compensatory damages, but there are limits on non-economic awards. Pain and suffering is capped at $250,000 (adjusted for inflation), although that amount can increase to $500,000 if there is clear and convincing evidence that an increase is warranted.
How long do you have to report an accident to the police in Colorado? Colorado drivers have 60 days following a collision to file an accident report with the DMV. The quickest way to submit this report is online through the Colorado Department or Revenue accident report website.
On average, a car accident victim with injuries settles their case for about 150% of the value of the economic damage suffered. For example, if a person suffered $20,000 in economic damage, the typical settlement amount would therefore be about $30,000. The actual figure in any particular case varies widely, though.
For car accidents in Colorado, the standard statute of limitations is 3 years. For other personal injury cases like slips and falls, the time limit is only 2 years. For claims involving a government agency, the time frame is typically even shorter.
Colorado Has a Three-Year Statute of Limitations for Car Accident Claims. As a baseline, the state of Colorado has a three year statute of limitation for auto accident cases. This means that a victim must bring their claim within three years. Otherwise, they will not be able to bring a legal claim at all.
Unlike economic damages, Colorado caps the amount of non-economic damages you can recover in a given claim. With few exceptions, the cap on non-economic damages in civil claims is roughly $500,000. Thus, most reasonable settlements for pain and suffering will not exceed $500,000.
In total, insurance companies typically can take no more than 85 days from the receipt of your claim to deny or settle a claim (15 days to acknowledge receiving the claim, 40 days to accept or deny the claim, and 30 days to pay). In most cases, you can expect your settlement check about 6 weeks after you settle.
The following steps can be helpful in doing this: Stay Calm. Your first reaction to a low settlement might be anger and confusion. ... Ask Questions. ... Counteroffer. ... Always Respond in Writing. ... Don't Accept a Settlement Offer Before You Heal.