How Do Insurance Policy Limits Impact Colorado Personal Injury Claims?

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At Donaldson Law, LLC, our Denver personal injury attorneys represent clients throughout Colorado who have been hurt or lost a loved one to negligence.

For many injury victims and their families, the insurance representative is the greatest obstacle in seeking compensation from the liable party’s insurance company following an accident. This is because insurance companies have long-standing tactics and protocols that require their agents to delay, undervalue, and deny claims as soon as they are submitted.

Other times, the adjuster is not who is standing in the way of full recovery. Every Colorado insurance policy has a limit of maximum liability, which restricts the amount an insurance company can pay to injury victims — no matter how catastrophic their injuries or recovery needs.

Insurance Policy Limits

These limits can significantly impact our client’s personal injury recovery options.

Here is why.

What are the Colorado Vehicle Insurance Policy Requirements?

Colorado requires all drivers to have minimum insurance coverage for each vehicle.

The minimum coverage includes:

$25,000 for bodily injury or death to any one person in an accident.
$50,000 for bodily injury or death to all persons in any one accident.
$15,000 for property damage in any one accident.

The state requires these minimum coverages, but higher ranges may be purchased.

What Happens If My Injuries and Overall Recovery Needs Exceed the At-Fault Driver’s Policy Limits?

Colorado law provides increased protection for individuals injured in a car accident by a negligent, uninsured, or underinsured motorist. If you were injured in a car accident due to the negligence of an underinsured or uninsured motorist and carry uninsured/underinsured motorist coverage, your automobile insurance may cover damages over the other party’s insurance policy limits or lack of coverage.

What About Personal Injuries that Occur on Public or Private Property?

If a customer is hurt while lawfully visiting a commercial business in Colorado — including grocery stores, restaurants, retail outlets, and other industries — the company’s general liability insurance can help pay for their damages.

Although most commercial leases require this coverage, all Colorado businesses do not require commercial liability insurance. If the company where you were injured does not have general liability coverage and you were injured because of dangerous premises, it may be possible to pursue the property owner for your damages.

If you were injured on private property, like someone else’s home or other premises, you may be eligible to pursue their homeowner’s insurance coverage — or another personal property insurance policy — for your damages.

Colorado does not require homeowner’s insurance by law, but if the home is financed, a lender may require the individual to have a homeowner’s insurance policy.

Contact Our Skilled Personal Injury Lawyers Today

If you are unsure who is liable for your injuries or which type of insurance coverage can be pursued for your damages, contact our skilled personal injury lawyers in Denver at Donaldson Law, LLC by calling (720) 458-5000 or contact us online to schedule a free, confidential consultation to discuss your case.

We can help you understand which personal or commercial insurance coverage can be pursued for your unique incident and injury circumstances.

Filed Under: Personal Injury

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CLIENT REVIEWS

My husband was rear-ended and his head broke through the back window of the truck. We decided to give things time to see if he improved. The other insurance company dragged things on forever. That’s when we decided we needed an attorney. We did not fully understand the statute of limitations and called a few attorneys thinking we had enough time. We quickly found out that in the land of the law, we were cutting it very close. The other attorneys we called passed saying that they just didn’t have the time to handle our case; we didn’t even get a chance to speak with anyone but the receptionist. Then I called Jennifer Donaldson and spoke to Melanie who is part of Jennifer’s incredible team. – Jackie G.

I was hit by a car while I was in a crosswalk. Afterward, I underwent multiple surgeries and occupational therapy. I was out of work after losing the use of my hand for a period of time. I knew that I couldn’t deal with the insurance companies on my own. After some research, I found Jennifer and Melanie. They were amazing through the whole process and the result was a very generous settlement. They were also able to get my health insurance to waive their subrogation claim. They have both been great to work with. Throughout my claim, they communicated with me and kept me updated. I would definitely recommend using Jennifer Donaldson if you ever need an attorney for a personal injury case.– Zander O.

Jennifer and her team were fantastic. They guided me through the whole process after getting into a car accident. She fought for me, and gave me and my family the best support. I don’t think I could have made it through the whole process without Jennifer and her team. Their knowledge of the insurance industry was very helpful and was a key factor in the outcome of my case.– Tony D.

My wife was involved in a serious auto accident where she sustained serious injuries, including a traumatic brain injury. Ms. Donaldson was professional, compassionate and very thorough from beginning to end. Her focus was to make sure that we were made whole. Her thorough work resulted in a settlement that provides for our needs for the rest of our lives. Ms. Donaldson is a great attorney.– Tony D.

I was hit by a car while riding my bicycle, causing me serious and permanent injuries. Ms. Donaldson handled my case in a very professional manner with outstanding results. She worked hard to make sure we got a settlement without the need for litigation while still getting the maximum recovery available. She and her staff were very thorough and stayed in constant communication. Overall, Ms. Donaldson was outstanding during the entire case. I highly recommend her to anyone in need of representation for their personal injury claim.– Leigh C.