A new law in the State of Colorado went into effect on January 1, 2020 which will help you understand what you are up against in auto accident injury claims. The new law, C.R.S. § 10-3-1117, requires insurance companies to reveal, within 30 days, the policy limits and policy provisions of the insurance policy covering any party to the accident claim. This is important because it lets you know what type of recovery may or may not be available. If you don’t have health insurance, Medicare, Medicaid or other benefits or medical payments coverage then you may be at a loss in obtaining care after an auto accident even if that accident was not your fault. With the new law the insurance carrier for the at-fault party must reveal what policy provisions they have. With this information one is better able to acquire medical treatment and know that such medical care will ultimately be covered. At Anderson & Lopez we see this as beneficial in situations where one of our auto accident client’s may need surgery but has no means of paying for the surgery other than the at-fault party’s insurance. Knowing that there is or is not sufficient coverage can really be helpful in these situations.
If you have been injured in an accident it is important to know what you’re up against. The new law makes this possible. At Anderson & Lopez we look for every possible way to assure you the best potential outcome. Call us if you have been injured in an accident. For local, personal representation call (719) 471-1818.