Accident attorneys with a proven track record:

Front Range Injury Attorneys - Denver Personal Injury Lawyers

2590 Welton Street, Suite 200

Denver, Colorado 80205

Q23C+95 Denver, Colorado

720.826.4399

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When grappling with the aftermath of a car accident in Denver, understanding when a vehicle is considered totaled is paramount. In Colorado, as in many jurisdictions, the threshold for total loss hinges on repair costs surpassing the vehicle's overall value. Colorado employs a 100 percent threshold, equating repair expenses plus salvage value to the vehicle's actual cash worth. This pivotal assessment dictates whether a vehicle falls into the total loss category.

If your car is deemed a total loss, you can recover the actual cash value of the vehicle rather than the repair costs. Actual cash value is determined by the pre-collision market value of the car. In other words: how much money would you have received if you sold the car the day before the crash? The value of the vehicle will depend on several factors including the make and model of the vehicle, depreciation value, age, mileage, condition and pre-existing damage.

In Colorado, drivers must carry a minimum of $15,000 in property damage liability insurance to cover repairs or replacement of another driver's car when the driver is at fault for a car accident. If the at-fault driver lacks sufficient coverage to pay for a total vehicle, the owner of the car may have to rely on their own coverage (such as collision or underinsured motorist property damage coverage) or file a lawsuit against the driver for the excess. If you caused a car accident or a natural condition caused damage, you would have to use collision coverage to repair your own vehicle.

If you sustained injuries in an accident in Colorado, contact the personal injury lawyers at Front Range Injury Attorneys today to schedule your free consultation. Our experienced legal team are knowledgeable and zealous advocates for our clients and their cases. We treat our clients as people, not case files. Learn more about how we can help you pursue compensation for your injuries and damages. Contact our Denver law firm to learn more.