Car Accident Claims New Mexico
How Our New Mexico Car Accident lawyer Can Help?
Types of Car Accident Claims in New Mexico
Car accidents are unfortunate events that can cause physical injuries, emotional trauma, and financial burdens. Knowing the types of car accident claims and how to file them can make a significant difference in ensuring you receive the compensation you deserve.
At Raymon Law Group, we are committed to providing comprehensive guidance and support to individuals in New Mexico who have been involved in car accidents.
1. Personal Injury Claims
Personal injury claims arise when individuals suffer injuries due to the negligence or recklessness of another party involved in the accident. These injuries can range from minor cuts and bruises to more severe conditions such as whiplash, broken bones, or traumatic brain injuries. In New Mexico, victims of car accidents have the right to seek compensation for medical expenses, lost wages, pain and suffering, and other damages resulting from the accident.
2. Property Damage Claims
3. Wrongful Death Claims
Tragically, some car accidents result in the loss of life. In such cases, surviving family members may pursue a wrongful death claim against the at-fault party. These claims seek compensation for funeral expenses, loss of income, loss of companionship, and other damages resulting from the untimely death of a loved one. Wrongful death claims are complex and emotionally challenging, requiring the expertise of experienced legal professionals.
Fault and Liability Regulations in New Mexico
In New Mexico, the system of fault and liability operates on the basis of attributing responsibility in accidents. As an “at-fault” jurisdiction, individuals have the right to pursue recompense for damages resulting from car accidents from the party deemed responsible and their insurance provider.
Should you possess relevant coverage, you have the option to utilize your own insurance. However, it is not mandatory to initiate a claim through your personal policy following an accident. For instance, some individuals opt to utilize their personal collision coverage for vehicle repairs, with subsequent reimbursement sought from the insurance provider of the at-fault party.
Shared Fault Guidelines in New Mexico
How to File Car Accident Claim
1. Report the Accident
2. Seek Medical Attention
3. Notify Your Insurance Company
4. Consult with Car Accident Attorney
5. Gather Evidence
6. Negotiate a Settlement or Litigate
Car Accident Compensation in New Mexico
Insurance companies in New Mexico annually pay out nearly $1 billion in auto accident claims.
Estimating Settlements
Seek Legal Counsel for Severe Cases
Average Settlements
Factors influencing compensation for car accidents may include:
- The extent and seriousness of injuries sustained
- Shared responsibility for the accident
- Collisions involving multiple vehicles
- Multiple individuals injured in the accident
- Loss of life
- The extent of available insurance coverage
In situations where you and others sustain significant injuries, the available insurance funds may not be adequate to address everyone’s losses. Coverage may be accessible through the responsible party’s insurance as well as your own policy, contingent upon the specifics of the accident and the additional protections outlined in your policy
Minimum Auto Insurance Requirements in New Mexico
Optional Insurance Offerings in New Mexico
Insurance providers offering auto policies in New Mexico must extend uninsured (UM) and underinsured (UIM) motorist coverage matching the liability limits of the policy. Policyholders retain the option to waive these additional coverages.
With UM and UIM protections in place, you can seek compensation from your own insurer following accidents involving hit-and-run incidents, uninsured motorists, or situations where the responsible party’s coverage is insufficient to address your losses.
Civil Deadlines Matter
According to NMSA 37-1-8, you have three years from your accident to file a claim against your insurer. This period is crucial, as evidence degrades and memories fade. Other civil deadlines may be shorter.
To secure a fair and equitable resolution, it’s imperative not to allow the passage of time to influence your decision-making process. Act promptly to protect your case.
Frequently Asked Questions
After a car accident in New Mexico, it’s essential to prioritize safety by checking for injuries and moving to a safe location if possible. Then, report the accident to the police and seek medical attention for any injuries, no matter how minor.
In New Mexico, the statute of limitations for filing a personal injury claim arising from a car accident is generally three years from the date of the accident. However, it’s crucial to consult with an attorney promptly to ensure compliance with all deadlines.
While you are not legally required to hire an attorney to handle your car accident claim in New Mexico, having experienced legal representation can significantly improve your chances of obtaining fair compensation. An attorney can navigate the legal process, negotiate with insurance companies, and advocate for your rights, allowing you to focus on your recovery.
The timeframe for settling a car accident claim in New Mexico varies depending on the complexity of the case, the extent of injuries, and other factors. Some claims may be resolved through settlement negotiations within a few months, while others may require litigation and could take longer to resolve.
Location Served
We Represent
Individuals & Families
throughout New Mexico
Raymon Law Group’s Albuquerque personal injury lawyers are based at our main office in the heart of downtown Albuquerque at 500 Marquette Ave. NW, Ste. 1200.
We also have our Office at Santa Fe located at 150 Washington Ave, Suite 201. If you’re unable to visit us, our attorneys are happy to meet you at your home or hospital to discuss your case.
We Win Your Case.
