Average Rear-End Collision Settlement Payouts in Colorado
Rear-end collisions are one of the most common types of car accidents, often resulting in serious injuries and property damage for those involved. If you’ve been injured in a rear-end collision due to the negligence of someone else, you could be entitled to compensation in the form of a rear-ended car accident settlement. It is important to understand how a car accident settlement works to give you a more accurate idea of what sort of average payout you might expect for your rear-ended car accident settlement in Colorado.
If you have been seriously injured in a rear-ended car accident, we invite you to reach out to our team. At the Law Offices of Rodemer | Kane, we want to do all we can to help you during this stressful time, and we have the knowledge and experience with personal injury claims to get you the compensation you need to help cover the costs of your medical treatment. Contact our Colorado Springs law office online or call 719-635-7886 to book a free case consultation.
Factors Affecting Rear-End Collision Settlements
When it comes to what you can expect for a rear-ended car accident settlement payout, there are a number of factors that will be considered. Some of these include:
- The Severity of Your Injuries – Rear-ended car accidents can lead to serious injuries like whiplash or wrist and knee fractures. The extent of the injuries sustained in the accident will significantly impact the settlement amount you can expect for your rear-ended car accident case. Serious injuries that require extensive medical treatment such as herniated disc injuries or spinal fusion injuries, rehabilitation, and ongoing care will typically result in a higher settlement payout.
- Medical Expenses – Serious injuries sustained in a rear-ended car accident can require extensive medical treatment, and those costs can quickly add up. Medical bills, including hospitalization, surgery, medication, therapy, and future medical expenses, will all be factored into the settlement amount.
- Lost Income – It is quite common to end up missing work after you are in a rear-ended car accident. At the very least, a car accident will typically disrupt your work day on the day of the accident, but if you have been injured it could keep you from being able to work for days, weeks, or in some cases even months. Victims can claim compensation for lost wages due to time off work for recovery or medical appointments. If injuries result in long-term disability or inability to return to work, future earning capacity may also be considered.
- Property Damage – A rear-ended car accident settlement will typically also include compensation for vehicle repair or replacement, as well as any other property that was damaged due to the accident, such as electronics or other personal effects that were in the trunk or cabin of the vehicle.
- Pain and Suffering – In the state of Colorado you can also collect non-economic damages, such as physical pain, emotional distress, and loss of enjoyment of life after you have been injured in a serious car accident. Because these are subjective items, determining the amount that they are worth requires significant thought and examination of the facts related to your specific car accident settlement.
- Liability – Colorado is an at fault state. This means that the party deemed responsible for the accident is likewise responsible for paying for the costs incurred. As long as you are found less than 50% at fault, you are capable of collecting damages for injuries sustained in a car accident. However, Colorado also uses comparative negligence law, which states that whatever percentage you are found to be at fault can go against the amount you can expect for your rear-ended car accident settlement. Determining fault will play a crucial role in settlement negotiations.
Is The Driver That Ran Into Someone In A Rear-Ended Car Accident Always At Fault?
When it comes to driving, it is a driver’s responsibility to make sure they can stop in time and to leave enough space between them and the vehicle in front of them to react to sudden driving maneuvers. Because of this, there is a belief that the driver that rear-ends the other driver is always at fault In rear-end car accidents. However, there are circumstances where the driver of the rear-ended car may share some of the responsibility or even be solely responsible for the accident. For example, if the driver abruptly stops without warning, makes an illegal maneuver, or has malfunctioning brake lights, they may be found partially or fully at fault. Additionally, external factors such as poor weather conditions or road hazards like icy road could contribute to the accident. Ultimately, fault in rear-end collisions is determined based on the specific facts and circumstances of each case.
Average Payout for Rear-End Collision Settlements
If you look online you will find that the average Colorado rear-ended car accident settlement ranges anywhere between $5000 and $500,000. It can be very difficult to list an average payout figure for a rear-end collision settlement because of this. Each case is unique and the factors that will determine the payout vary greatly. According to industry data and legal experts, if you sustained minor to moderate injuries in your rear-end collision, you can typically expect somewhere between a few thousand dollars to tens of thousands of dollars, and if you have sustained severe injuries, or you have lost a loved one in a rear-ended accident then the resulting settlement could exceed six figures or more, depending on the circumstances.
Hiring an experienced personal injury attorney near you can help you get a better understanding of what sort of settlement you could expect for your rear-ended car accident settlement. Navigating the complexities of a rear-end collision claim and negotiating a fair settlement can be daunting. And an attorney can assess your case, gather evidence, handle communications with insurance companies, and advocate for your rights throughout the settlement process, making sure you get the compensation you deserve.
Contact a Rear-Ended Car Accident Attorney Near You in Colorado
If you’ve been injured in a rear-end collision, it is important to understand the factors that will ultimately play a role in what sort of settlement you might expect. Factors such as the severity of injuries, medical expenses, lost income, and liability influence the settlement amount. Seeking legal representation from a skilled car accident attorney near you can maximize your chances of securing a fair settlement that adequately covers your damages and losses. If you live in or near Colorado Springs, CO and have sustained serious injuries in a rear-ended car accident, we invite you to reach out to the team here at the Law Offices of Rodemer | Kane. We are here to help. Contact us online or call us at 719-635-7886 to set up a free consultation.
Also see our page on left turn car accident lawyers