If you’re pursuing a personal injury claim in Colorado, understanding the legal landscape is critical to securing the compensation you deserve. Recent updates to Colorado’s damage caps for personal injury cases have significant implications for plaintiffs and their legal representatives with an increase in damage caps for some personal injury cases.
Damage caps are legal limits placed on the amount of compensation an individual is able recover in a personal injury lawsuit for pain and suffering, emotional distress, and loss of enjoyment of life, otherwise known as non-economic damages. While economic damages, like medical expenses and lost wages, are often uncapped, non-economic damages are restricted to maintain consistency and limit excessive jury awards.
Starting January 1, 2025, Colorado will implement significant increases to its statutory damage caps for personal injury and wrongful death cases, as established by House Bill 24-1472. The updated caps are as follows:
The increase in damage caps acknowledges the evolving cost of healthcare, rehabilitation, and daily living in serious personal injury cases. For plaintiffs, this could mean a more accurate reflection of the impact of their injuries and a better chance to secure resources needed for long-term recovery.
Navigating a personal injury case can be overwhelming, especially with recent changes in legal limits and caps. At Kalamaya Goscha, our team of skilled personal injury and wrongful death attorneys understands how to build a compelling case that maximizes your compensation within the framework of Colorado law.
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The recent increases to Colorado’s damage caps provide a unique opportunity for personal injury plaintiffs to pursue more substantial compensation for their suffering. However, understanding the nuances of these changes is essential for achieving the best outcome. If you or a loved one has suffered an injury, our team at Kalamaya Goscha is ready to guide you through the legal process and advocate for your rights.