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Economic Damages In Uber Accident Lawsuits

An accident with an Uber driver can cause serious injury and financial hardship after the accident. If the Uber driver or the company was responsible for the accident, then their insurance companies should compensate the injury victim for their losses. If you have questions about the economic damages available in an Uber accident lawsuit, contact your Colorado rideshare accident attorneys. 

The attorneys at accidentdenver.com have represented injury victims of Uber accidents across Colorado. We will investigate your claim, deal with Uber and the insurance company, and fight to get you the maximum damages after an accident. Contact us today for a free consultation.

Who is Eligible for Economic Damages After an Uber Accidents 

Anyone who is injured because of another driver's negligence may be able to file a personal injury claim to get compensation. In an Uber accident, those eligible to claim economic damages may include: 

Most personal injury claims involving car accidents are based on negligence. An Uber driver may be negligent in causing an accident because of: 

Calculating Economic Damages in an Uber Accident

Many people just think of the cost of car repairs or medical bills in adding up their economic damages after a rideshare accident. However, economic damages can include any financial loss or cost caused by the accident, including: 

  • Cost of vehicle repair or replacement,
  • Property damage,
  • Ambulance charges,
  • Medical treatment,
  • Medications,
  • Future medical care,
  • Loss of income, and
  • Loss of income potential. 

Economic damages include more than just the past payments and losses. For example, if a permanent injury will require continuing medical treatment for years to come, damages should include future medical expenses. If a permanent injury means that you will not be able to continue in your career, economic damages should include the lost income you would have earned. 

Is there a cap on economic damages in an accident lawsuit?

Colorado does not put a cap, or maximum, on the amount of economic damages you can recover after a personal injury accident. If an injury accident will cost the victim $5 million in economic loss then the injury victim should be able to recover the full amount for economic damages. 

There is a statutory cap on non-economic damages in Colorado. This means nonpecuniary, such as pain and suffering, inconvenience, emotional stress, and impairment of quality of life. The cap on non-economic damages is set by statute. For new claims accruing on or after January 1, 2020, the cap on noneconomic losses is $613,760 but can be increased based upon clear and convincing evidence to $1,227,530.

Denver Rideshare Accident Injury Lawyers

The attorneys at accidentdenver.com have successfully represented their clients and families who were involved in injury accidents with Uber drivers. Our Colorado attorneys understand how the rideshare and insurance companies operate and will fight to get the maximum compensation available for your injuries. Contact us today for a free consultation

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