How the Auto Accident Claims Process Works

If you or a loved one suffered injuries in a car accident, you may feel overwhelmed at the thought of dealing with insurance companies. Understanding the claim process in Colorado can help ease your stress. Colorado auto insurance claims laws determine how you pursue compensation for your losses. Knowing these laws empowers you to take the proper steps after an accident.

This article will explain how car accident insurance claims work in Colorado. We will guide you through each stage of the process. From reporting the accident to dealing with insurance adjusters, understanding what to expect can make a significant difference. By learning about the auto accident claims process, you can protect your rights and focus on recovering.

Overview of Colorado Auto Insurance Claims Laws

Colorado operates under an at-fault insurance system. That means the driver responsible for the accident is liable for damages. Colorado requires all drivers to carry minimum liability insurance. The mandatory coverage includes:

• $25,000 for bodily injury per person,
• $50,000 for bodily injury per accident, and
• $15,000 for property damage

These minimums help drivers cover basic expenses if they cause an accident. Understanding these limits is crucial when filing a claim. It enables you to know what compensation you may be entitled to receive.

How Do Car Accident Claims Work in Colorado?

Car accident insurance claims allow injured victims to recover compensation from the negligent party. After an accident, you file a claim to seek compensation for injuries and damages.

In Colorado’s at-fault system, you can file a claim against the at-fault driver’s insurance. Alternatively, you may file a claim with your insurance, especially if you have coverage like MedPay. 

Whose Insurance Do I File a Claim With?

A common question is, whose insurance do I file a claim with after an accident? If the other driver is at fault, you typically file a claim with their insurance company. This type of claim is known as a third-party claim. However, you should also report the accident to your insurance company because you might have a legal obligation to do so under your policy terms, and additional coverage might be available. Examples include:

• Uninsured motorist (UM). You can use your uninsured motorist coverage if the at-fault driver has no insurance. UM is an added coverage for which you pay premiums on your policy.
• Underinsured motorist (UIM). Your underinsured motorist coverage can cover the gap if their coverage is insufficient. This coverage is usually bundled in the monthly premium with UM.
• MedPay coverage. MedPay is another optional coverage that can pay for some of your medical expenses regardless of fault.

Understanding your insurance policies can help you decide on the best course of action. Review your coverage to clarify which options are available to you.

The Auto Accident Claims Process Step-by-Step

Navigating the claims process involves several key steps. Taking the right actions can strengthen your claim and help you receive fair compensation.

Step 1: Report the Accident to Law Enforcement

Immediately after the accident, call the police. Filing a police report creates an official record of the incident. The report includes important details like the date, location, and parties involved. This document can be crucial evidence for your claim.

Step 2: Gather Evidence at the Scene

Collect as much information as possible. Take photos of the vehicles, damages, injuries, and the surrounding area. Exchange contact and insurance information with the other driver. If there are witnesses, get their names and phone numbers.

Step 3: Notify Your Insurance Company

Inform your insurance company about the accident as soon as possible. Provide accurate and factual details. Your policy may require prompt notification even if you are not at fault. Please report promptly to ensure your coverage is maintained.

Step 4: Consult a Legal Professional

Consider seeking legal guidance to understand your rights and options. A legal professional can help you navigate the claims process and negotiate with the other driver’s insurance company. They can advise you on the best strategies to pursue fair compensation.

How Car Accident Claims Work: Understanding Fault and Liability

In Colorado, fault affects the amount of compensation you can receive. The state follows a modified comparative negligence rule. You can recover damages if you are less than 50% at fault. However, your compensation will be reduced by your share of fault. For example, if you are 20% at fault and have $10,000 in damages, you would receive $8,000.

Contact a Colorado Car Accident Lawyer at Sloat, Nicholson & Hoover, P.C.

At Sloat, Nicholson & Hoover, P.C., we help you understand the auto accident claims process. Our lawyers have decades of combined experience recovering compensation for injured clients. Contact us today if you need assistance filing a Colorado car accident claim. We provide the support you need to pursue the compensation you deserve.