Colorado State Law Caps on Personal Injury Damages
Colorado state law imposes caps on the amount of personal injury damages that can be recovered in certain types of lawsuits. These caps are designed to limit the financial liability of defendants and their insurance providers. As personal injury lawyers at McCormick & Murphy in Colorado Springs, CO, we understand the importance of these legal limits and how they can impact the compensation our clients receive.
The cap on non-economic damages, such as pain and suffering, is currently set at $468,010 per plaintiff. This means that even if a jury awards a higher amount, the court will reduce the damages to this statutory maximum. Additionally, there is a $1 million cap on total damages in medical malpractice cases, with limited exceptions. These caps can significantly affect the outcome of personal injury cases, and it's crucial for victims to work with experienced attorneys who can navigate these complex legal requirements.
At McCormick & Murphy, our team of personal injury lawyers has a deep understanding of Colorado's damage caps and how to effectively advocate for our clients within these parameters. We will thoroughly investigate your case, gather strong evidence, and work tirelessly to ensure you receive the maximum compensation allowed by law. Our goal is to help you recover from your injuries and move forward with your life, despite the limitations imposed by the state's damage cap laws.